Feasibility Study of Using Sub-Marginal Field of Oil and Gas Producer in X Field by : Jeszy Wan Irfandy (222 10 082)
One of the efforts to maintain the national oil production is to reproduce the wells within economical value in marginal and sub marginal oil field. This research try to do a study case of using sub marginal field. Starting with production forecast using Decline Curve Analysis (DCA) method, then cho...
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| Format: | Theses |
| Language: | Indonesia |
| Online Access: | https://digilib.itb.ac.id/gdl/view/20224 |
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| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | One of the efforts to maintain the national oil production is to reproduce the wells within economical value in marginal and sub marginal oil field. This research try to do a study case of using sub marginal field. Starting with production forecast using Decline Curve Analysis (DCA) method, then choosing the right technology to reproduce the old well using Progressive Cavity Pump tools . To evaluate the proper economy and to formulate the X field development policy based on economy indicator, such us Net Present Value (NPV), IRR, and POT. The result of production accumulation in 5 years, the estimation of produced oil 145.826 bbl. The proposed production sharing contract with government 82% and contractor 18%, with IRR 20.9%, POT 3,27 years, and production income $ 902.600. |
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