Reservoir Driven Production Optimization (RDPO) Popular
A Collaboration between GE and Paradigm In today's economic environment, operators need to maximize the lifetime of their existing reservoirs while reducing operating costs. While the ultimate goal is maximum production from reservoirs, simply pumping more can result in lower production and higher costs. To help answer these challenges, GE and Paradigm have partnered to develop Reservoir Driven Production Optimization (RDPO)¸ a new solution which helps break down functional and technical silos, enabling production teams to make optimal decisions in managing large fields. What is Reservoir Driven Production Optimization? RDPO combines subsurface knowledge with production intelligence in order to enhance efficiency while reducing costs. Production optimization requires managing fluid and pressure in the reservoir and properly equipping wells for optimal deliverability, field-wide. With this solution, operators can exceed production targets and manage operational costs by:
- Selecting superior infill drilling locations
- Improving well intervention strategies (how to lift)
- Predicting flood behavior (what to inject and when)
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