The Importance Of Production Allocation In Oil & Gas
Source: AVEVA
By Joseph McMullen, Director, SimSci Marketing
Reducing lifting costs continue to remain a strategic priority for all Oil and Gas companies in the new normal era of low oil prices. Companies are leveraging advanced analytics and simulation tools to optimize their production and gain the next level of operational excellence; gaining visibility into performance of each oil well is key to optimize production.
Learn how Production Allocation can help you to:
- Determine production at each well in a complex oil field
- Improve well and flow line performance
- Maximize throughput by improving production allocation
- Improve production accountability
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