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Authors: Muhammad Ariyon ; Novia Rita and Tribowo Setiawan

Affiliation: Department of Petroleum Engineering, Universitas Islam Riau, Pekanbaru, Indonesia, Indonesia

Keyword(s): Hydraulic Pumping Unit, Efisiensi Volumetris NPV, IRR, POT, DPI.

Abstract: The wells of X fields are vertical wells with installed pumps being the Hydraulic Pumping Unit. The wells can still be optimized by improving the performance of N and SL by trial and error method. Based on optimation analysis result at well BM 1 by changing SPM and SL parameters on pump which installed with N 6 SPM and SL 100 inch got Qt equal to 144 bfpd, then converted to N 7 SPM and SL 100 inch so that there increase of Qt become equal to 199 bfpd And pump efficiency from 67% to 80%. While in the well BM 2 by changing the parameters of SPM and SL on pumps installed with N 8 SPM and SL 100 inch obtained Qt of 284 bfpd, then converted to N 10 SPM and SL 110 inch so that there is an increase of Qt to equal to 583 bfpd pump efficiency of 65% to 90%. In the economic analysis with Production Sharing Contract system can be known with non-capital investment of MMUS $ 0.150, obtained NPV contractor MUS $ 451.07, IRR> MARR,POT < 1 year and DPI 4.00.

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Paper citation in several formats:
Ariyon, M.; Rita, N. and Setiawan, T. (2020). Analysis of Economy in the Improvement of Oil Production using Hydraulic Pumping Unit in X Field. In Proceedings of the Second International Conference on Science, Engineering and Technology - ICoSET; ISBN 978-989-758-463-3, SciTePress, pages 102-108. DOI: 10.5220/0009129401020108

@conference{icoset20,
author={Muhammad Ariyon. and Novia Rita. and Tribowo Setiawan.},
title={Analysis of Economy in the Improvement of Oil Production using Hydraulic Pumping Unit in X Field},
booktitle={Proceedings of the Second International Conference on Science, Engineering and Technology - ICoSET},
year={2020},
pages={102-108},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0009129401020108},
isbn={978-989-758-463-3},
}

TY - CONF

JO - Proceedings of the Second International Conference on Science, Engineering and Technology - ICoSET
TI - Analysis of Economy in the Improvement of Oil Production using Hydraulic Pumping Unit in X Field
SN - 978-989-758-463-3
AU - Ariyon, M.
AU - Rita, N.
AU - Setiawan, T.
PY - 2020
SP - 102
EP - 108
DO - 10.5220/0009129401020108
PB - SciTePress

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