New integrated, solutions-based web platform takes artificial lift to the next level
Artificial lift has long proved to boost production in the vast majority of wells worldwide; however, pump systems must be carefully managed, especially in unconventional reservoirs characterized by rapid pressure changes and production declines.
Traditionally, operators have focused on reacting to shutdowns and then studying trends to observe how pumps are behaving. Companies are now recognizing that the ability to use raw data to make real-time decisions and take immediate action is what makes the difference in maximizing production, minimizing downtime and reducing operating expenditures.
An article in the Hart Energy Playbook “Taking Artificial Lift to the Next Level” highlights a new integrated, solutions-based web platform that takes artificial lift surveillance and monitoring to the next level by providing analytic and diagnostic tools that enable operators to more proactively monitor and optimize pump performance, from a single well to an entire field.
Using analytical tools embedded in the system, engineers can conduct well system diagnostics in real time and optimize data to understand the reasons behind every event to take corrective steps.