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POC Brochure
- 1. © 2016 Weatherford. All rights reserved.
PRODUCTION
PRODUCTION OPTIMIZATION
CONSULTING SERVICES
Delivering comprehensive optimization solutions—
from a single well to a full field
DRILLING&FORMATIONEVALUATION
WELLCONSTRUCTION
COMPLETION&STIMULATION
PRODUCTION
- 2. Although well behavior, market demand, and
workforce numbers fluctuate, one thing remains
constant—operators want to produce more
hydrocarbons at a lower cost and for longer periods
of time. Only a systematic strategy that combines
technology with innovative field-management
solutions can unleash the full potential of your assets.
Weatherford production optimization consultants
collaborate with you to design integrated solutions
that optimize production and increase profitability.
Drawing from a comprehensive portfolio of lift
equipment, a 480,000-well history of successfully
implementing optimization software, and decades
of collective experience, we assist you in choosing
the right technologies for any asset type—including
conventional, deepwater, unconventional shale, and
heavy-oil sources.
After a detailed analysis of your well or field and
existing infrastructure, we help to fill information
gaps, to recommend software and hardware
solutions, and to enhance workflows. We can
develop a strategy tailored for your specific
operating conditions and production goals—whether
you need to reduce costs by optimizing individual
wells, to increase efficiencies by integrating field
operations, or to implement a digital oilfield.
Let’s make a
GAME PLAN.
An experienced, proven partner
can help you get more for less.
© 2016 Weatherford. All rights reserved.
- 3. The advantages of production
optimization consulting
• Enhances recovery, reduces downtime,
decreases operational costs, and extends the
productive life of your wells
• Matches the artificial-lift system to the
production phase throughout the well life cycle
• Establishes communication lines between our
analysts and your field team
• Maximizes use of your existing infrastructure
• Integrates hardware and software solutions to
improve efficiencies
• Encourages collaboration in the work
environment
• Facilitates safer field operations
The scope of production
optimization consulting
• Artificial-lift optimization
• Integrated asset optimization
• Real-time field monitoring
• Well and asset surveillance and analysis
• Well failure analysis and recommendations
• Solutions integration and customization
• Digital oilfield implementation
© 2016 Weatherford. All rights reserved.
- 4. Weatherford provides an unmatched breadth and
depth of solutions for all key forms of artificial lift. We
not only supply services and technologies to meet
your artificial-lift needs but also partner with you to
develop long-term optimization strategies.
Our consultants can help you choose the right lift
method at the right time and adjust it throughout the
life of your well—or wells. As a result, you can better
meet key performance objectives, such as reducing
costs per barrel, increasing production output per
day, or improving the meantime between failures.
ACHIEVE YOUR GOALS
by applying our three solutions
for optimization.
You can implement our winning optimization
strategies at any time during the well life cycle
to meet your key performance objectives.
Well optimization
Our optimization cycle delivers ongoing
improvements through many features:
• Six stages in the optimization cycle that mirror
the industry-recognized structure
• Structured approach to optimize lift—from
design to transition
• Sharp focus on reducing downtime, minimizing
decline rate, and decreasing failure frequency
• Detailed failure analysis to identify root causes
• Knowledgeable consultants with in-depth
understanding of every form of artificial lift
ANALYZE
ADJUST
APPRAISE
SELECTDESIGN
MONITOR
LIFT
© 2016 Weatherford. All rights reserved.
- 5. We can help you to integrate your entire asset—
from the reservoir to the wells and production
facility. Our strategy involves multiple points,
including managing reservoir pressure and
produced water, tracking water-oil contact, and
selecting and transitioning to the right form of
artificial lift at the right time.
We can solve your production-related issues, such
as identifying bottlenecks in the surface network
and rerouting wells through different headers. We
can help to create and monitor key performance
indicators (KPIs) for your asset. And we can also
develop integrated systems that combine SCADA
software, mathematical models, and automated
intelligent workflows.
Our digital oilfield solutions give you unprecedented
power to access better data, make faster decisions,
and simplify processes. We can help you implement
technologies that automate routine tasks and connect
your people with critical field intelligence. Our
industry-leading technology and expertise—combined
with comprehensive customer-focused analyses and
customized workflows—enable stronger collaboration
and more effective change-management initiatives.
As you streamline processes and adopt new
technologies, we can recommend people-centric
approaches that achieve positive organizational
change and foster a collaborative work environment.
Now more than ever, it pays to pursue a digital
oilfield solution.
Integrated asset modeling Digital oil field
Our digital oilfield solutions integrate all
aspects of production:
• Downhole sensors
• Flowmeters
• Automation
• Software
• Service and maintenance teams
• Health, safety, and environment management
• Training and support
Our integrated asset modeling delivers the
following benefits:
• Accurate production forecasting
• Effective management of changes in
short-term production demands by
keeping the long-term reservoir
management strategy intact
• Proactive asset management by designing
the most appropriate what-if scenarios
• Artificial lift selection, design, and optimization
© 2016 Weatherford. All rights reserved.
- 6. AIM
In the asset inspection methodology (AIM) phase,
our consultants work closely with operations,
IT, field management, and executives to analyze
current well and asset management practices,
study well histories, and identify the infrastructure
requirements for real-time optimization.
Weuseacollaborativeworkflow
thatproducesresults.
Our consultants follow a KPI-based workflow that
helps you to achieve your objectives. The workflow
guides the optimization process with three well-
defined phases:
Our consulting team consists of experts in production
optimization with a strong focus on artificial lift. Team
members are located in strategic areas throughout
the world, including North America, the Middle East,
and Latin America. Using a comprehensive production
optimization portfolio—bolstered by decades of
in-depth knowledge and first-hand experience—our
consultants will make recommendations that help you
optimize production anywhere you operate.
Our Global Team of Consultants Offers
UNBIASED ADVICE.
© 2016 Weatherford. All rights reserved.
- 7. Gain Sustain
Consultants perform a detailed analysis using
data-analytics tools to study well histories and
well-failure characteristics. Using modeling
software, they develop rigorous engineering
models to analyze well performance. Then, based
on those detailed analyses, they prioritize
optimization opportunities and recommend
strategies to increase uptime, improve asset
performance, and deliver your expected ROI sooner.
Consultants work to sustain and continually
improve on the production gains resulting from the
first two phases. They implement new production
optimization technologies, fine-tune processes,
and train field workers for life-of-well profitability.
To reduce the operational expenditure (OPEX) of a rod-lifted
asset with a history of low mean times between failures (MTBF),
our consultants monitored and optimized the wells for more
than 11 months. By the end of the project, the frequency of
failures had decreased by 50%, which saved the client an
estimated US $5 million.
North America
For an asset of 36 wells distributed into 11 clusters, our
team built well and surface network models that matched
measured data and then ran several simulations. Our advisors
recommended optimum sizes for all pipelines to save the client
more than US $300,000.
Latin America
Our consultants used Field Office™ software to build an integrated
asset model including 195 wells, 19 platforms, 3,000 flowlines, and
68 separators and scrubbers. They analyzed variables for optimizing
individual wells and created scenarios for optimizing the network.
Then they identified 24 wells for the installation of injection
valves and 23 wells for adjustments of the injection-gas cycle.
The strategic recommendations resulted in the potential for
using 350 Mscf/D less gas to produce 170-BOPD more oil.
Latin America
Our team developed a fully functional digital oil field.
Instrumentation installed at the oil wells sent information to
a central database away from the wellsite to improve health,
safety, and environmental (HSE) performance. Automated
digital workflows—developed from best practices and routine
processes—helped engineers to increase efficiency. A state-of-the-
art collaboration center provided a real-time work environment
for multiple production teams to make efficient decisions.
Middle East
SAVED AN ESTIMATED
$5 MILLION BY OPTIMIZING
MORE THAN 200 WELLS
SAVED MORE THAN $300K
THROUGH ANALYSIS
OF A 36-WELL ASSET
PROJECTED 170 BOPD MORE
OIL USING 350 MSCF/D LESS
GAS IN 195 GAS-LIFT WELLS
IMPLEMENTED THE 1ST
DIGITAL OIL FIELD FOR FASTER
DECISIONS AND EXECUTION
REAL RESULTS
© 2016 Weatherford. All rights reserved.
- 8. Find out what Weatherford
has to offer.
Weatherford products and services are subject to the Company’s standard terms and conditions, available on request or at weatherford.com.
For more information contact an authorized Weatherford representative. Unless noted otherwise, trademarks and service marks herein are
the property of Weatherford and may be registered in the United States and/or other countries. Weatherford products named herein may be
protected by one or more U.S. and/or foreign patents. Specifications are subject to change without notice. Weatherford sells its products and
services in accordance with the terms and conditions set forth in the applicable contract between Weatherford and the client.
© 2016 Weatherford. All rights reserved. 12157.01
Weatherford production optimization consulting services
can increase production and lower costs regardless of your
asset type and production phase. For more information
about how our services can work for you, contact your
authorized Weatherford representative.
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