MIDWESTERN Q1 & Q2 2019 NEWSLETTER MIDWESTERNQUARTERLY update 19 | Page 20

WORLD ECONOMY Oil Production Enhancement P 20 roduction enhancement refers to the practice of making changes or adjustments in order to produce the limit (maximize production). The goal of virtually all efforts spent on modeling a petroleum field is to devise an optimal strategy to develop, manage, and operate the field. For some petroleum fields, optimization of production operations can be a major factor in increasing production rates and reducing production costs. While for single wells or other small systems simple nodal analysis may be adequate, large complex systems demand a much more sophisticated approach to predict the response of a large complicated production system accurately and to examine alternative operational scenarios efficiently. With millions of oil and gas wells producing in the world, roughly 5% flow naturally, leaving nearly all the world’s oil and gas production to rely on efficient artificial lift operations to help the industry produce oil and gas, even from wells that were once slated for abandonment (Weather- ford 2016). Most oil wells require artificial lift at some point in the life of the field, and many gas wells benefit from artificial lift to take liquids off the formation (Nawab, 2015). An operator needs to start an artificial lift project due to increased water cut and pressure draw-down. Reservoir pressure decline and/or water fraction increase alters the flowing condition and can necessitate artificial lift to attain a satisfactory production rate. The options are two: first, supplement reservoir gas with gas lift gas to reduce the flowing fluid mixture density in the wellbore and maintain the natural flow condition; and secondly, to transfer energy down-hole to a pump and raise the fluid pressure for flow to the surface facility. The well’s natural energy must be sufficient to push oil and gas to the surface, overcome hydrostatic borehole pressure and friction, and push hydrocarbons through the surface facilities. When natural lift begins to fall or decline, it can no longer be relied upon to get hydrocarbons to the surface and surface facilities. When this happens overtime, the well production stops and the well is said to be dead. When there are commercial quantities of hydrocarbons trapped in the well, an alternative method is used to bring the well back to production. This is where artificial lift can supplement natural lift. Sucker Rod Pump, Gas Lift and Electric Submersible Pumping (ESP) are the most common artificial-lift systems, but hydraulic and progressing cavity pumps are also used. Each is suited to certain