#TITLE_ALTERNATIVE#
The oil (gas) field development consists of two subprocesses, drilling and pro- <br /> <br /> <br /> <br /> <br /> duction where is treated as sequential in nature. Drilling is perfomed from <br /> <br /> <br /> <br /> <br /> pl...
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| Format: | Final Project |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/14519 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | The oil (gas) field development consists of two subprocesses, drilling and pro- <br />
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duction where is treated as sequential in nature. Drilling is perfomed from <br />
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platform in which one can drill only one well at a time, while production has <br />
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a production level of uncertainty. In this final project we will construct a <br />
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mathematical model for oil and gas field develompent process with two ap- <br />
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proaches, deterministic and stochastic. For the deterministic case, drilling <br />
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time for each well is considered to be equal, analogous for the produstion time. <br />
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For stochastic case, time for drilling and production process follows a particu- <br />
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lar distribution pattern. Using Renewal Theory, the completion of a well and <br />
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failure to produce economical amount of oil or gas are analogous to the fail- <br />
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ure of a componenty. The stochastic model is simulated for two distribution, <br />
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exponential and gamma distributions. From this model we find a number of <br />
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active wells at any time that is used to estimate the production rate in a field. |
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