Freeware | December 30, 2002

Value-Added Benefits of csLIFT Implementation Paper

Source: eProduction Solutions
During the past five years, eProduction Solutions has worked with a vast array of oil and gas companies. The csLIFT suite of products has been implemented in fields with as few as 20 wells to fields with over 3,000 wells. These installations have been made in primary recovery fields to tertiary recovery fields undergoing water, CO2, or steam flooding. csLIFT products have been installed in new fields with no automation in place and in mature fields, which have been automated for over a decade. Over the history of all these installations, we have documented the value-added benefits and rationale for implementation of the csLIFT suite of products. This paper describes the cashflow enhancement benefits in the primary areas of an oil and gas field operation, as a result of implementing csLIFT software.

The paper describes the cash flow enhancement benefits of implementing csLIFT in the following different categories:

  • Increased Production
  • Reduced Operating Costs and Well Failures
  • Individual Well Management
  • Efficiency in Field Operations
  • Efficiency in Computer Operations and Automation
  • Conclusion
Since not all oil fields are the same, some of these benefits may not be applicable to your specific site. Therefore, an Excel '97 worksheet file and example field justification is downloadable from eP to assist you developing possible cost savings and production improvement associated with installing and using csLIFT in your specific field or area.
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