SPE Online Education
Artificial Lift Life Cycle & Optimization
Recorded On: 02/22/2022
Artificial lift is a key component in oil and gas production. Most of the unconventional wells end up in some form of Artificial lift in 2-3 years of their life. Managing artificial lift performance/ failure becomes very crucial as it is one of the major downtime attributes. Due to rapid decline of the pressure and the flow rates in these wells, understanding the well performance becomes key for optimization of the artificial lift. A process can be applied to cover the life cycle of the Artificial lift which includes selection or re-selection, redesign and proactive management of the lift system.
We discuss how an integrated life cycle approach for artificial lift is key for unconventional wells and how it impacts the value to any organization influencing the bottom-line ($). We highlight on how the production losses could be managed better and how technology is not being leveraged to the potential. We also discuss on the opportunities of an integrated approach, how a process with tracking failures/ performance and managing Key performance indicators will improve the efficiency.
The key take-away – A Life cycle approach for Artificial lift is worth considering from the field development stage. We will also discuss the digital oil field (DOF) initiatives, lessons learned and some of the key things to remember during the DOF journey.
This webinar is categorized under the Production and Operations technical discipline.
All content contained within this webinar is copyrighted by Subash Kannan and its use and/or reproduction outside the portal requires express permission from Subash Kannan.
Subash K Kannan
Subash K Kannan has 18 years experience in the petroleum industry with 15 years in reservoir, production, operations (onshore/ offshore-GoM/International). At Anadarko’s Technology team, he strategically focused on well performance and (artificial lift) life cycle of unconventional wells and was one of the founder members of APC’s digital oil field. He is currently the Program Manager for Production Enhancement across all Oxy’s Gulf of Mexico assets. Previously, at Weatherford, he managed Nodal analysis and realtime optimization tools and his experience with Ziff Energy Group involved operating cost and artificial lift benchmarking. Mr.Kannan is one of the SME for production Engineering and in-house trainer for his top-rated Well Performance analysis. Mr.Kannan holds bachelor’s degree in Chemical Engineering and master’s degree in Petroleum Engineering. Mr.Kannan served in the SPE-GCS board from 2010-2014 and is an active contributor to the varied committees of SPE GCS.
Simon Suarez (Moderator)
Simon Suarez began his career in 2007 working as a Sales & Applications Engineer with Weatherford. Since then he held multiple technical and leadership roles in Artificial Lift Systems (ALS) operations, sales, and product line management in Houston, Venezuela, and throughout Latin America. In 2019, became Weatherford's Global Business Director for Production and in 2021 he joined Silverwell as their Western Hemisphere Sales Manager. Simon holds a Mechanical Engineering degree from Universidad del Zulia and a Master of Science in Mechanical Engineering degree from the University of Houston.
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