Interpreting and Analysing Integrated Asset Modelling Results [PRESENTATION]

20 Mar

Integrated Asset Modelling is a very beneficial method of modeling entire oil and gas production systems in order to optimize them. As expected, most oil and gas operating companies today will tend to have some ongoing integrated asset modeling activity. However, the success of such activities is mixed. One of the reasons why oil and gas personnel may obtain minimal benefit from integrated asset modeling efforts is due to a misunderstanding of how to understand, analyze and apply the results that are being generated from the integrated asset modeling activity.

Based on Eta’s significant experience of developing, building, benchmarking, simulating, analyzing, and applying integrated asset models, some tips and common examples of analyzing integrated asset modeling results are presented.

4 illustrations

15 slides

Cost: COMPLIMENTARY

IAMfdpproduction optimization

Sodi Toby

Sodi serves as our Managing Director and Projects Director. He has management and technical oversight across our offices. He graduated from the University of Sussex, UK with a first class MSc in Turbomachinery. Sodi has a track record of successfully managing production optimization and field development studies for major oil and gas companies internationally. He is an expert in gas compression and integrated asset modelling with more than a decade experience. In his career, the value he has provided in these areas has led to significant decisions which have provided immense production and project benefits for several operating companies. He has previously held senior roles including Head of Projects and Management Team Leader in a reputable engineering consulting firm from which he left to start up Eta Energy Solutions. He has also in previous roles, led software development teams in developing bespoke integrated asset modelling software. Sodi is a Chartered Engineer, professionally recognized by the Engineering Council (UK) and the Council for the Regulation of Engineering in Nigeria (COREN). He is also a professionally recognised member of the Institution of Mechanical Engineers (UK) and the Society of Petroleum Engineers (SPE). He speaks regularly and presents technical papers at international oil and gas conferences across the world.