The impact of integrated modelling on the technical and economic indicators of the oil production process

Abstract

Abstract The article outlines the findings of the reviewed list of tasks to be solved at different stages of oil fields development and operation with the use of integrated modelling technology. Operational and technological models are the most popular nowadays. However, there is no unified field model that would include all the elements of integrated planning. Systematisation of the solved problems and directions for reducing operating and investment costs at different stages of oil field development and operation remains relevant with the use of new modelling technology. Considering the possibilities of a series of integrated modelling programs (Mbal, Prosper, Gap) for optimising oil production process allows us to group the main problems using integrated modelling technology at the following stages: design and strategic decision-making, evaluation and optimising individual activities in the process of operational management, monitoring the development and oil field operation. Based on the analysis of open sources, we have concluded that the introduction of new ‘smart’ technologies significantly impacts technical and economic performance of oil and gas companies, including the level of oil recovery, reduction of drilling time, reduction of operating costs and profit growth, increasing the stability of design solutions and project efficiency in general.