Streamline Design and Capital Decision-making Processes in E&P · New Workflow Accelerates...
Transcript of Streamline Design and Capital Decision-making Processes in E&P · New Workflow Accelerates...
© 2011 Aspen Technology, Inc. All rights reserved
13 December 2011
Streamline Design and Capital Decision-making Processes in E&P
Aspen Conceptual Design Builder (CDB), Aspen HYSYS and Economic Analysis
Technical Solution Webinar
Host: Ken Dooley, Industry Marketing, AspenTech
Presenter: Wim Van Wassenhove, Business Consultant, AspenTech
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Disclaimer
Aspen Technology may provide information regarding possible future product developments including new products, product features, product interfaces, integration, design, architecture, etc. that may be represented as “product roadmaps.” Any such information is for discussion purposes only and does not constitute a commitment by Aspen Technology to do or deliver anything in these product roadmaps or otherwise. Any such commitment must be explicitly set forth in a written contract between the customer and Aspen Technology, executed by an authorized officer of each company.
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• Screen a multiple scenarios to identify best options
• Estimate capital and operating costs for each scenario
• Make decisions based on experience or conventional wisdom
E&P Conceptual Engineering
Petroleum & Process Engineer
Results are conservative and sub-optimal
1 month
Cost estimates are not very reliable
Should I buy this asset?
How do I develop it? How many wells and platforms?
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Capital & Operating Costs
Simple Menu for OptionsAutomatic Creation of HYSYS Process Model
Simple Menu for Options
Automatic Creation of HYSYS Process Model
Capital & Operating Costs
How many stages?
Use stabilizer column?
Target gas purity?
Dehydration configuration?
Gas lift ratio?Minutes to Evaluate Options!
Now: E&P Asset Appraisal with Aspen HYSYS
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• Make a detailed GOSP Model
• Reuse existing templates
Quick Start for Facility Modeling
Facilities Engineer
Engineering company
I need that model by
THIS EVENING
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New Workflow Accelerates Appraisal of GOSP
Conceptual Design Builder
– Collects relevant information
– Builds model
– Reports
The Workflow
– Define Project Basis
– Define reservoir fluid and export specs
– Define design preferences
– Create and run model
– Analyse production profiles
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Define Project Basis
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Define Reservoir Fluid and Export Specs
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Create and Run ModelDefine Design Preferences
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Define Production Profile and Strategy
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Conceptual Design Builder (CDB) Demo
For more information on Aspen CDB:http://www.aspentech.com/products/aspen-cdb.aspx
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Cost
Estimator
Detailed Cost Estimate
Equipment
Designer
Final Equipment Design
aspenONE Engineering Workflow
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• Electronic data transfer
• One software vendor
• Efficient
• Supports collaboration
Minutes
3 Days2 Days
Process
Engineer
4 Iterations – 10 days
Relative Cost Estimate
Hours
Preliminary Equipment
Design
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View costs
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Conceptual Design Selection –Aspen HYSYS Workflow
ViewModelGrid
LoadSimulation
Data
MapModels toEquipment
SizeEquipment
Object
EstimateEquipment
Costs
ViewEquipment
Grid
ActivateCostingEngine
Activate costing
Map equipment
Use equipment grid to enter materials and other details.
Evaluate costs
Load simulationdata
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Integrated Costing ResultsDry Equipment Weights and Cost
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Electronic data transfer
One software vendor
Efficient
Supports collaboration
Benefits of Integrated Economic Analysis
Capital Costs Reduce by up to
10-30%
Energy Costs Reduce by up to
50%
Engineering Efficiency Improve by up to
30%
Cost Estimator
Integrated workflow
ProcessEngineer
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Cost Analysis Demo
For more information on Integrated Economics:http://www.aspentech.com/solutions/industry_solutions/epc/integrated-economics.aspx
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Aspen Conceptual Design BuilderSummary and benefits
Consistent framework for technical and investment decisions early in the field appraisal and development process
– Enables rapid development and screening of design alternatives for new oil and gas production facilities
– Develop rigorous and extensible simulations from preliminary field data
– Quickly generate conceptual designs and associated capital and operating cost analysis for production facilities
– Analysis of multiple design scenarios over the asset and production life cycle (e.g., production profile, energy, emissions)
– Determine equipment sizes, weights and costs through integrated economic analysis
Benefits
– Promotes engineering efficiency
– Accelerates projects and time to first oil
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Want to see similar results?
http://support.aspentech.com/training
Consider a training class from AspenTech
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Aspen HYSYS: Process Modeling Training
Aspen HYSYS: Process Modeling (EHY101)
December 20, 2011 – Reading, UK
December 27, 2011 – Houston, TX
January 3, 2012 – Virtual-Americas
January 9, 2012 – Reading, UK
http://support.aspentech.com/supportpublictrain/CourseInfo.asp?course=EHY101
• Learn to build process simulations using Aspen HYSYS.
• Discover how Aspen HYSYS allows rapid flowsheet construction and bi-directional calculations.
• Investigate how templates and subflowsheets can streamline and organize simulation efforts.
• Learn how to do preliminary cost estimation using Aspen Process Economic Analyzer from the Aspen HYSYS Environment.
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Modeling Oil and Gas Production and Facilities Using Aspen HYSYS Upstream Training
Modeling Oil and Gas Production and Facilities Using Aspen HYSYS Upstream (EHY351)
February 21, 2012 – Houston, TX
February 29, 2012 – Reading, UK
http://support.aspentech.com/supportpublictrain/CourseInfo.asp?course=EHY351
• Use the capabilities of Aspen HYSYS Upstream to enable shared workflow between production modeling and facilities modeling
• Solve system wide debottleneck and optimization problems by tightly integrating hydraulic models with your facilities models using Aspen Hydraulics
• Extend the skills gained in EHY101 Aspen HYSYS Process Modeling course by learning how to use the Upstream capabilities in Aspen HYSYS
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Aspen Online TrainingFast, easy access to training content
Convenient, on-demand access from inside the product– Aspen Plus, Aspen HYSYS
– Aspen EDR, Aspen Economics
– Aspen Basic Engineering
Library of rich training content
Superior user experience– Getting Started
– What’s New
– Multiproduct Integration
– Best Practices
Links to additional support and training resources
All from within the product!For more information: http://www.aspentech.com/v7/aspen-online-training.aspx
New in
aspenONE
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Aspen Search – Process Industry FirstSearch, navigate and filter for information
Quickly find the best model
Links models, people
and dataCurrently available
with Aspen Plus and Aspen HYSYS
Benefits:• Reuse of intellectual and
informational assets• Solve design, operational,
business problems faster• Enterprise-wide collaboration
and consistency
http://www.aspentech.com/v7/aspen_search.aspx
New in
aspenONE
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Up-coming and On-Demand Webinars
Future Webinars:
o December 14, 2011 – Profertil Ammonia RTO (Aspen Plus)
o January 10, 2012 – BP Hydroprocessing (HYSYS/RefSYS)
o January 24, 2012 – ACCE New Excel mechanism (Economics)
Register at: http://www.aspentech.com/events/webseminars.aspx
On-Demand Webinars:
– Visit: http://www.aspentech.com/events/ondemand_webinar.cfm
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Questions?
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Contact Information
Ken Dooley, Industry Marketing, AspenTechEmail: [email protected]
Wim Van Wassenhove, Business Consultant, AspenTechEmail: [email protected]
For any Aspen HYSYS communication:Email: [email protected]
For more information on Aspen CDB:http://www.aspentech.com/products/aspen-cdb.aspx
For more information on Integrated Economics:http://www.aspentech.com/solutions/industry_solutions/epc/integrated-economics.aspx
THANK YOU!