132 results about "Production optimization" patented technology

A method and system for controlling a producing cycle in a well, during the production cycle, for optimizing production from the well including disrupting fluid in a wellbore with a pulse generator to create a pressure pulse transmitted through the fluid in the wellbore, detecting the pressure pulse created and the pressure pulse reflected from objects located within the wellbore, wherein the objects may include a liquid / gas interface and a producing apparatus such as a plunger, converting the detection of the pressure pulse and the reflected pressure pulses to a signal, computing the signals to determine the well status and controlling production of the fluid from the wellbore based on the well status.

A well optimizing system and method for lifting fluid that accumulates and retards production in a well. The system includes a plunger having a piston and a detachable plugh. The piston has a sealing section and a retrieval end and defines a passage through the length thereof. One or more pads are radially extendable from the sealing section. The detachable plug is positional in the retrieval end in a position to substantially block the flow of fluid through the passage from below the plunger. The system may further include a production control system.

A computer-implemented method is disclosed. The method includes producing optimized prices for products for sale.

A method, system, and computer program product for performing oilfield surveillance operations. The oilfield has a subterranean formation with geological structures and reservoirs therein. The oilfield is divided into a plurality of patterns, with each pattern comprising a plurality of wells. Historical production / injection data is obtained for the plurality of wells. Two independent statistical treatments are performed to achieve a common objective of production optimization. In the first process, wells and / or patterns are characterized based on Heterogeneity Index results and personalities with the ultimate goal of field production optimization. In the second process, the history of the flood is divided into even time increments. At least two domains for each of the plurality of wells are determined. Each of the at least two domains are centered around each of the plurality wells. A first domain of the at least two domains has a first orientation. A second domain of the at least two domains has a second orientation. An Oil Processing Ratio is determined for each of the at least two domains, then an Oil Processing Ratio Strength Indicator is calculated. At least one Meta Pattern within the field is then identified. An oilfield operation can then be guided based either on the well and / or pattern personality or the at least one Meta Pattern.