Are you and your team struggling to improve productivity, automate artificial lift optimization, reduce risk from predictive failure/proactive interventions, lower OPEX and increase operating cashflow all while producing more oil through existing assets? There is a solution with proven results.
This blog was inspired by a posting by Jim Hall (retired Shell Gaslift SME) on LinkedInin 2020 where he shared his tally book-sized gas lift best practices. We’ve taken his ideas and given them a little bit of an update for modern technology and tools. We hope you find this useful.
Gas lift is an appropriate and effective lift method for many well types, especially gassy wells. Robust and reliable, gas lift wells continue to produce — even when operating inefficiently. However, this also creates a huge opportunity— if we can diagnose when a gas lift well is being operated sub-optimally then it gives us an opportunity to recover a missing wedge of production. You do not have to let lower production be the norm — using these best practices you can improve the management of your gas lift wells and data to maximize your well production.
In today’s highly competitive and volatile O&G industry, efficiency can mean the difference between profitability or losing money for oilfield producers of all sizes. If you could find a tool that could not only prevent failures in your ESP and gas lift wells, but offer a method for identifying opportunities to improve production, reduce downtime, increase run lives and decrease costs—all with software that provides real-time (and valuable) analytics, wouldn’t you want to invest in it?
“True Production Optimization” optimizes well performance automatically, enabling accelerated speed and accuracy of decisions, reducing risk and releasing millions of dollars of untapped potential. ALP’s industry leading Pump Checker® Software provides impartial, expert, automated artificial lift optimization for ESP and gas lift wells.
When oil prices are low it’s more important than ever that we optimize the way our wells are produced. Learn how we can "double down" to ensure that our wells are produced efficiently at the lowest cost of operation.
The oilfield has a fabulous opportunity ahead, a truly digital environment for production engineers - but what does that entail?
Optimization is a goal for any number of industries, but in the oilfield, it means a lot of oil—and money—either gained or lost, depending on your well performance. Artificial lift is used in a large number of wells, and utilizing them in unconventional wells comes with complications which can challenge the performance of the lift system and the productivity of the well, not to mention ESP run life. Representing a large amount of financial investment and an even larger number of daily production barrels reliant upon artificial lift performance, artificial lift must be protected to prolong equipment life and ensure maximum production. With a variety of options to manage ESPs and gas lift, the question becomes: How quickly do you want to know what is going on so you can make prompt improvements?