Choice of stable development system - way to improve asset value

Abstract

   Analysis of running projects shows a significant deviation in time and budget with respect to planned resources due to various factors, which are expressed in: an aggressive evaluation, excessive optimism and the human factor. The author proposes an algorithm of multi-parameter optimization (optimal and sustainable solution) of development system based on exhaustive search of geological parameters and technological solutions which allows: to choose the development system, perform an objective evaluation of the oil profile production, create targeted research program and to assess the impact of pilot project results on oil production profile. The algorithm is universal and does not require special resources for use in other projects or oil and gas fields. Results of the study could be widely used: with an increase of development system density increases the optimal length
of the well, as well as the use of tax benefits to maximize oil recovery, decompression development system increases the optimum angle of development system to maximum stress, while maintaining the maximum level of project NPV (RF account as a criterion for optimization reduces the value of the asset)