Petroleum Development Oman Forecasting Management System

Petroleum Development Oman Forecasting Management System

Forecasting

Life cycle

Hydrocarbons

Gasoline

Decision making

Petroleum prospecting

Information management

Project management

Production performance forecasting is considered as one of the most challenging and time consuming tasks in petroleum engineering disciplines, it has important implications on decision-making, planning production and processing of facilities. In Petroleum Development Oman (PDO), which is the major petroleum company in Oman, production forecast provides a technical input basis for the economic decisions throughout the exploration and production lifecycle. Reservoir engineers spend more than 250 days per year to complete this process. PDO Forecast Management System (FMS) was introduced to transform the conventional forecasting of gas production. Employing the latest state-of-the-art technologies in the field of data management and machine learning (ML), PDO FMS aims at optimizing and automating the process of capturing, reporting, and predicting hydrocarbon production. This new system covers the full forecast processes including long and short-term forecasting for gas, condensate, and water production. As a pilot project, PDO FMS was deployed on a cluster of 272 wells and relied on agile project management approach to realize the benefits during the development phase. Deployment of the new system resulted in a significant reduction of the forecasting time, optimization of manpower and forecasting accuracy. Copyright 2021, Society of Petroleum Engineers

2021 Abu Dhabi International Petroleum Exhibition and Conference, ADIP 2021, November 15, 2021 - November 18, 2021

2021

Al Riyami, Hilal Mudhafar

Al Sheibani, Hilal Mohammed

Al Subhi, Hamed Ali

Al Ajmi, Hussain Taqi

Zohny, Zeinab Youssef

Al Kindy, Azzan Qais

conferencePaper

10.2118/208108-MS