Accelerated conceptual engineering (ACE)
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Transcript of Accelerated conceptual engineering (ACE)
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ACE.Accelerated conceptual engineering
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Accelerated Conceptual Engineering– A process for quick, cost effective
technical and economic evaluation to assist in upstream development decision making
– An integrated engineering process, managed by experienced project and discipline engineers, with selected utilisation of specialised software tools
What is ACE?
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OperatorProspect or discovery
Assess economic viability Assist decision on exploration/appraisal well
Appraise Model, evaluate and compare alternative field development options- Test technical feasibility- Test economic viability
Select Improve technical definition of selected options Evaluate and compare sub-options
Area development evaluation and planning
Brownfield modifications evaluations
Non-operatorAudit and benchmark
Investment and financeAssess potential development value
What is ACE used for?
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Description
ACE: Wells(PCOilplan)
A drill centre planning tool to help determine suitable locations, with realistic well plans that satisfy anti-collision constraints while minimising development costs and accessing targets.
ACE: Facilities(OGM)
An industry standard facilities design tool used to develop complete technical definition and capital cost estimates for oil and gas development projects
ACE: Integration(Enersight)
A sophisticated planning and economic modelling tool for field development and operations, identifying well phasing, rig utilisation and ullage constraints and tax implications
ACE: Flow assurance(Maximus)
A compositional thermal hydraulic steady state flow assurance tool that models multi-well systems and pipeline networks from reservoir to process plant
What tools are used in ACE?
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When is ACE applicable?
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ADIL ACE process flow
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It is an integrated, multidiscipline, team approach Experienced people using the best industry tools Facilities definition and cost estimates are engineering-
based Increased confidence levels compared to assumption
based cost estimates Delivers robust outcomes quickly, saving many
hours/weeks compared with traditional methods Presents data clearly and concisely to support decisions to:
– move to the next stage, or– recycle or cancel or defer or sell
Enter FEED with fewer decisions outstanding
Why use ACE?