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Record W2277001310 · doi:10.2118/169859-pa

Integrated Economic Model for Evaluation and Optimization of Cyclic-Steam-Stimulation Projects

2016· article· en· W2277001310 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.
fundA Canadian funder is recorded on the work.

Bibliographic record

VenueSPE Economics & Management · 2016
Typearticle
Languageen
FieldEngineering
TopicReservoir Engineering and Simulation Methods
Canadian institutionsCenovus Energy (Canada)
FundersCenovus EnergyUniversity of Pennsylvania
KeywordsNet present valueSteam injectionScheduleScheduling (production processes)Present valueProduction (economics)Computer scienceOil fieldPetroleum engineeringEngineeringOperations managementEconomics

Abstract

fetched live from OpenAlex

Introduction The development of a hydrocarbon resource should be planned to maximize the net present value (NPV) of the project, subject to any imposed constraints. Maximizing the NPV of a thermal heavy-oil project can be complex because of the interplay of individual-well production and injection profiles with field-level production and injection constraints imposed by a central processing facility (CPF). In addition, for thermal heavy-oil-recovery methods such as cyclic-steam stimulation (CSS), the scheduling of the production, soak, and injection cycles of the wells has a significant impact on the overall project NPV. This study presents the results of a novel study to maximize the NPV of a greenfield CSS project by incorporating a newly developed analytical horizontal CSS model coupled to a field-production aggregation and scheduling model, which was in turn coupled to an economic-evaluation model. The close integration of these models allowed for the optimization of input parameters to be achieved simultaneously across all three models to maximize the NPV of the entire project. The integrated model work flow and the resulting optimized case will be summarized and discussed in detail. The significance of the work flow developed in this study is that it demonstrates that the key design parameters (such as the CPF capacity and schedule) of a thermal heavy-oil-exploitation scheme can be calculated and optimized on the basis of the economics of the entire project by use of an integrated model.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.485
Threshold uncertainty score0.402

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.030
GPT teacher head0.279
Teacher spread0.249 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it