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Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

Jun 18, 2018

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Page 1: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

Resource tech visionarieswww.previso.net

Page 2: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

We are Previso.

We believe technology can help build a more efficient and lessunpredictable world.

The old resource-demand prediction models are broken, slow andexpensive. We know, we’ve been working in this industry fordecades.

So we built a new kind of software engine which allows you to modelmultiple scenarios in minutes, not hours. The insights you will gatherfrom this technology will save time,money and resources.

We’re going to revolutionise the way resources are managed, togive you more nimble scenario modelling and resourcemanagement.

Vision

www.previso.net

Resource tech visionaries.

Page 3: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

The Product

Specify different types of market, e.g. pipeline gas, LNG, LPG, condensate, energy CO2 and allocate products or compositions to the different markets via ranking and priorities. Gas components are tracked and production is allocated focusing on meeting a gas specification or market constraint.

Market Driven Solution

One software package that can model gas production from reservoir to market, a single platform solution.

Truly Integrated

www.previso.net

Previso is a gas forecasting software package that can model the wholeintegrated extraction, production and distribution system from multiplereservoirs, wells, subsea pipelines, compressors, separators to themarket.

It very quickly and accurately history matches and forecasts productionprofiles and manage subsurface uncertainty quantification by generatingvast numbers of scenarios required for short, medium and long-termproduction planning.

Robust and Extremely Fast AlgorithmThe solution is generated in minutes, not hours, this software is specifically designed for gas planning and decision making.

Page 4: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

What is unique about our approach is that the forecast is market-driven andproduction honours market constraints.

Production is tracked on a component by component basis and back-allocated through the elements of the network, processing plants, pipelines,compressors, wells and finally to each reservoir.

Gas production can be constrained, and hydrocarbon liquids productionoptimised based on multiple and complex market demands. The productionconstraints, prioritisation, scheduling and event triggering can be as complexas required, such as specifying a minimum, maximum or a specific range ofany product stream demand, such as the mole fraction of any gas componentor combination of gas components.

Our Approach

Robust and ExtremelyFast Algorithm

Probabilistic ScenarioManager

Advanced ReportingTools and Plots

www.previso.net

Page 5: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

The key strengths of the software are its stability and speed ofcalculation. We have designed and implemented a robust andextremely fast algorithm that does not make simplifications.

Complex production systems with many wells and reservoirs can besolved in minutes rather than hours. The software is completelyintegrated with no external interfaces with other software packagesrequired. All aspects of the gathering system are modelled directlywithin PREVISO.

The speed and stability of calculation facilitates our ScenarioManager module that is used to generate and run a number ofscenarios, which are versions of the base case model. One or moreinput parameters can be modified to evaluate the impact of a nodeon the entire system such as changes in market demand, pressureconstraints, event triggers and priorities.

Robust and Extremely Fast Algorithm

www.previso.net

Page 6: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

Users define scenarios by applying a probabilistic density function(PDF) to most input parameters.

PREVISO uses Sobol sampling to generate a specified number ofscenarios based on the applied PDF. This mode is used to perform aprobabilistic analysis on the base model which is useful to evaluatethe influence of parameter uncertainty on the overall deliverability ofthe system and obtain a probabilistic estimate (e.g. P10, P50, andP90) on the overall production recovery.

Probabilistic Scenario Modelling

www.previso.net

Page 7: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

Results can be viewed as reports or as plots with a series of simpleand intuitive templates.

Filters can be applied to meet the specific requirements of thecustomer and data exported in popular formats.

Plots show high resolution results graphically; these plots aresuitable for export into reports or direct printing.

Advanced Reporting Tools and Plots

www.previso.net

Page 8: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

PREVISO’s algorithms and software implementation have a long history of use by some of the world's leading LNG and gas companies.

Our network solving algorithm is proprietary and unique. We use novel numerical techniques and efficient coding to deliver results that honour allnetwork constraints at each timestep and always converge. Our algorithm doesn’t take short-cuts and we don’t have numerical stability issues. Wecombine our numerical algorithms with industry standard correlations (with the ability to add new ones).

Technical Data

www.previso.net

Gas ViscosityLee, Gonzalez and Eakin and Sutton.

Gas Z FactorInternal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and LeeKesler.

Vertical Lift Performance (VLP):Gray; Poettmann & Carpenter; Baxendall & Thomas; Fancher & Brown; Duns & Ros;Hagedorn & Brown; Orkiszewski; Aziz, Govier & Fogarasi; Beggs & Brill; Griffith, Lau, Hon &Pearson; Chierici, Ciucci & Sclocchi; Cornish; Mukherjee & Brill; Reinicke, Remer & Hueni.

Inflow Performance Relationship (IPR)Vertical, deviated and horizontal wells.Back-pressure (C & n); Forchheimer methods; Darcy radial flow models with friction andwithout-friction; partial-penetration effects and various skins.

Reservoir CharacterisationMaterial balance, compositional type curves, and speak to us about Eclipse, Intersect, IMEXor GEM support!

MarketsGas and LNG; Ethane, Propane, Butane and LPG; Condensate and Separator Liquids;CO2/Acid Gas; others such as Energy, Oil, Water and Helium possible.

StorageGas storage and withdrawal

We also natively handle aquifers, compressors and for more complex tasks have a simpleand intuitive scripting language.

Page 9: Resource tech visionaries - previso.net€¦ · Internal correlation, Hall Yarborough, Wichert Aziz, Dranchuk Abou-kassem, and Lee Kesler. Vertical Lift Performance (VLP):

Level 11, 216 St Georges Terrace Perth 6000 Western Australia

[email protected] | www.previso.net

Previso Software is an Australian software company servicing the Oil & Gas industry.Previso Software comprises technical professionals, numerical modellers and and software developers.