Analysis of Economy in the Improvement of Oil Production using Hydraulic Pumping Unit in X Field

Muhammad Ariyon, Novia Rita, Tribowo Setiawan

2019

Abstract

The wells of X fields are vertical wells with installed pumps being the Hydraulic Pumping Unit. The wells can still be optimized by improving the performance of N and SL by trial and error method. Based on optimation analysis result at well BM 1 by changing SPM and SL parameters on pump which installed with N 6 SPM and SL 100 inch got Qt equal to 144 bfpd, then converted to N 7 SPM and SL 100 inch so that there increase of Qt become equal to 199 bfpd And pump efficiency from 67% to 80%. While in the well BM 2 by changing the parameters of SPM and SL on pumps installed with N 8 SPM and SL 100 inch obtained Qt of 284 bfpd, then converted to N 10 SPM and SL 110 inch so that there is an increase of Qt to equal to 583 bfpd pump efficiency of 65% to 90%. In the economic analysis with Production Sharing Contract system can be known with non-capital investment of MMUS $ 0.150, obtained NPV contractor MUS $ 451.07, IRR> MARR,POT < 1 year and DPI 4.00.

Paper Citation

in Harvard Style

Ariyon M., Rita N. and Setiawan T. (2019). Analysis of Economy in the Improvement of Oil Production using Hydraulic Pumping Unit in X Field.In Proceedings of the Second International Conference on Science, Engineering and Technology - Volume 1: ICoSET, ISBN 978-989-758-463-3, pages 102-108. DOI: 10.5220/0009129401020108

in Bibtex Style

@conference{icoset19,
author={Muhammad Ariyon and Novia Rita and Tribowo Setiawan},
title={Analysis of Economy in the Improvement of Oil Production using Hydraulic Pumping Unit in X Field},
booktitle={Proceedings of the Second International Conference on Science, Engineering and Technology - Volume 1: ICoSET,},
year={2019},
pages={102-108},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009129401020108},
isbn={978-989-758-463-3},
}

in EndNote Style

TY - CONF

JO - Proceedings of the Second International Conference on Science, Engineering and Technology - Volume 1: ICoSET,
TI - Analysis of Economy in the Improvement of Oil Production using Hydraulic Pumping Unit in X Field
SN - 978-989-758-463-3
AU - Ariyon M.
AU - Rita N.
AU - Setiawan T.
PY - 2019
SP - 102
EP - 108
DO - 10.5220/0009129401020108