Production Optimization of an Eruptive Well by Using Nodal Analysis

The objective of this paper is to optimize the eruptive well X-1 of field X so that it achieves an economically profitable production rate in order to be able to increase income. The completion data, pressure-volume-temperature (PVT) data and reservoir data are used to improve the production of the well X-1 by using the nodal analysis and PIPESIM software. Several optimization scenarios are considered by varying: The diameter of the tubing, the wellhead pressure, the diameter of the flow line and the water cut. The main results show that reducing the wellhead pressure from 350 to 100 psia and increasing the flowline diameter from 2.5 to 4 inches improve the production flow rate from 850 to 2030.472 bbl /d. In economic terms, this well gives the payback period after 1 year and 9 months and a net present value (NPV) of 193,546,524 $ after 8 years.