Production

Integrated Asset Modeling: An Approach to Long-Term Production Planning

With declining trends in production and dwindling reserves for a 35-year-old offshore field, the Samarang Redevelopment Project was initiated with a vision toward implementing integrated operations as an asset-management decision-support tool.

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With declining trends in production and dwindling reserves for a 35-year-old offshore field, the Samarang Redevelopment Project was initiated with a vision toward implementing integrated operations as an asset-management decision-support tool. To realize expected reserves and optimize the production, an integrated-asset-model (IAM) concept is introduced with state-of-the-art modeling techniques to treat the asset as a whole unit rather than as isolated silos, which had been the traditional approach.

Introduction

The Samarang field is located in Subblock 6S-18 northwest of Labuan in eastern Baram Delta province. The production history of the field, first discovered and developed in the 1970s, is discussed in detail in the complete paper.

A full-field review was carried out from 2004 to 2007 with the objective of identifying redevelopment opportunities. A field-development plan (FDP) was then established before an alliance was signed in 2010 to redevelop the field.

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