System and Method for Oil Production Forecasting and Optimization in a Model-Based Framework
First Claim
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1. A system for forecasting oilfield production in an integrated asset management framework, the system comprising:
- a graphical interface for generating a plurality of models that represent asset components in the oilfield and specifying conditions associated with the plurality of models;
a model database for storing the plurality of models; and
an application toolkit for analyzing at least one of the plurality of stored models based on the conditions to forecast a performance of an asset component associated with the at least one analyzed model.
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Abstract
Systems and methods are directed to forecasting oilfield production in an integrated asset management framework and specifying conditions associated with the plurality of models. A graphical interface for generates a plurality of models that represent asset components in the oilfield, and a database stores the plurality of models. An application toolkit for analyzes at least one of the plurality of stored models based on a scenario to forecast a performance of an asset component associated with the at least one analyzed model.
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10 Claims
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1. A system for forecasting oilfield production in an integrated asset management framework, the system comprising:
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a graphical interface for generating a plurality of models that represent asset components in the oilfield and specifying conditions associated with the plurality of models; a model database for storing the plurality of models; and an application toolkit for analyzing at least one of the plurality of stored models based on the conditions to forecast a performance of an asset component associated with the at least one analyzed model. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A method of integrated forecasting in an integrated asset management framework, the method comprising:
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instantiating model elements of an asset component to generate an inventory model of an asset; defining at least one scenario based on the inventory model; and analyzing the at least one scenario to forecast a performance of the asset. - View Dependent Claims (8, 9)
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10. A computer readable medium storing a program for performing a method of integrated forecasting in an integrated asset management framework, the method comprising:
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instantiating model elements of an asset component to generate an inventory model of an asset; defining at least one scenario based on the inventory model; and analyzing the at least one scenario to forecast a performance of the asset.
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Specification