In today’s example case, we are looking at the early detection of gas influx. This is an ESP sub-optimal state. In the demo slide above, we are looking at sudden fluctuations in amperage and tubing pressure. There is an increase in casing pressure as we can see. At the end of this event, in the grey zone, the well trips and the flow stops, which is the time at which the operator normally detects a gas influx event. However, with our solution, the blue bar indicates that our model detected this event 3 days prior to the operator. This saves damage to the ESP, and also the downtime caused by the ESP tripping.
In the chart above, you will get a sense of how much savings can be realized for a well experiencing gas influx. As we saw in the case example above, this particular ESP well was in a state of gas influx for almost 3 days. This may not sound like a lot of time, but for a well that was producing over 400 barrels of oil per day, it was troubling. Being able to alert the operator of the sub-optimal state 3.5 days before initiating that state allowed them to react and only experience about a half-day’s worth of sub-optimal operation. The revenue regained by our solution produced just under $50,000 for this well (per event). This operator was experiencing sub-optimal states at a rate of 2.3% annually. Applied across a lease of 100 wells, this would equate to over $100,000 in accelerated production.
If you want to maximize your oil production and increase your ROI, contact us to set up an appointment with our sales team to discuss easy implementation on your oilfields. We say easy because Production Unified Monitoring is a cloud-based tool that can be accessed from any web browser without any hardware or software installs, meaning there are no capital expenditures. Contact Us Today!