Optimizing oil recovery and reducing water production in smart wells
US9745833B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 31, 2015 |
| Grant date | Aug 29, 2017 |
| Priority date | — |
| Expiry date | Aug 19, 2035 |
Classification
- Technology area (CPC E)Fixed Constructions
- CPC primaryE21B47/07
- WIPO fieldCivil engineering
- WIPO sectorOther fields
Abstract
A method and non-transitory program carrier device tangibly carrying computer executable instructions for adjusting downhole valve settings in order to optimize oil recovery and reduce water production from a well. The method and non-transitory program carrier device are particularly advantageous in wells with intelligent completions that are often referred to as smart wells. In the oil and gas industry, an Internal Control Valve (ICV) is an important tool for both reactive and proactive approaches to adjust ICV settings to improve oil recovery.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.