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Posts Tagged ‘produced fluids management’

Optimizing Shale Oil and Gas Production

Posted in Oil & Gas on Thursday, September 29th, 2016. One comment so far
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While the news of an OPEC oil freeze increases prices, at least in the short term, they remain well below their levels of a few years ago. The focus for oil and gas producers remains on optimizing their current producing wells at the expense of new drilling. Emerson’s Michael Machuca shared a whitepaper, Optimizing Shale […]

Reducing Unaccounted Oil and Gas Production Uncertainty

Posted in Control & Safety Systems, Oil & Gas, Remote Automation on Wednesday, September 7th, 2016. No comments yet
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Author: Michael Machuca Management of well pad inventory, allocation and custody transfers encompasses multiple operations that contribute to overall production management uncertainty. The accumulated measurement errors and variability in operations within a storage system can quickly add up to a significant level of uncertainty. Higher levels of uncertainty reduce the prospect for timely insight into […]

Optimizing Well Pad Production and Storage

Posted in Oil & Gas on Monday, August 8th, 2016. No comments yet
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Where new production was once the major focus, optimizing existing oil & gas well pads and production facilities is now high on the priority list to reduce operating costs. In an American Oil & Gas Reporter article, Production Optimization: ‘Systems’ Approach Optimizes Pad Production And Storage Operations, Emerson’s Michael Machuca describes the importance of taking […]

Optimizing Multi-well Gas Lift Operations

Posted in Oil & Gas, Production, Services, Consulting & Training on Tuesday, July 28th, 2015. No comments yet
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As oil prices have remained lower for many months, many oil & gas producers have shifted their priorities from new production to optimizing existing production and reducing operating costs with the assets currently in place. In the quick, 2-minute video, Optimizing Oil & Gas Production, Emerson’s Lou Heavner describes how model predictive control (MPC) optimizer […]

Improving Capital Efficiency in Well Pad Automation

Posted in Oil & Gas on Friday, December 12th, 2014. 2 comments so far
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A colleague pointed me to an article with an in depth analysis on the reasons behind the drop in oil price over the past several months. This economic climate makes oil & gas production project and operational efficiency even more important. At last summer’s Unconventional Resources Technology Conference (URTeC), Emerson’s Michael Machuca presented a paper, […]