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Research Paper | Energy Engineering | India | Volume 9 Issue 12, December 2020 | Popularity: 6.3 / 10
Digital Optimization to Enhance Oil and Gas Recovery
Rahul Sharma, Ravindra Kumar Jain, Mukesh Kumar Gupta
Abstract: This paper is about the role of digitalization with optimization in Drilling technology. In 2015, Indian Prime Minister set a target for the government to decrease oil import dependence by 10 per cent by 2022. India’s oil import dependence stood at 78.6 per cent in 2014-2015. India records lowest crude oil production in past few years. Still in 2020, India is heavily dependent on crude oil and LNG imports with 82.8 % import dependence for crude oil and 45.3 % for natural gas/LNG. COVID-19 pandemic crisis hits oil and gas sector badly. Digital transformation can act as a key enabler to revive the industry from numerous crises at competitive figure. This study was a multidisciplinary effort combining the real time operation center and Geological expertise with drilling engineering expertise. Domains involved will be DCS (Data and Consulting Services) and DEC (Drilling Engineer Centre). The study aimed at achieving the optimum development plan for six MA wells out of which two wells will be multilaterals. Experts from each domain jointly worked together to obtain the optimum well designs through sensitivity analysis. Keywords: Conservation and optimization of Energy. Value to organization, Client and National resources.
Keywords: Digital tranformation, Oil, Gas, planning
Edition: Volume 9 Issue 12, December 2020
Pages: 88 - 494
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