Smart Wells and It’s Applications In Oil And Gas Industries

In oil and gas industry there are several objectives for engineers, but there is only one goal that plays major role in producing hydrocarbons, Higher recovery factor which means produce higher oil or gas from a specific reservoir.The demand of oil and gas resources is high and the forecasts show a trend for higher requirements in the future. More unconventional resource exploitation along with an increase in the total recovery in current producing fields is required. At this pivotal time the role of emerging technologies is of at most importance. Smart or intelligent well technology is one of the up and coming technologies that have been developed to assist improvements in field development outcome. The present research tries to discuss the concept, parts, applications and method introduced in this technology

Keywords:

Smart well , Monitoring , ICVs , Gas dump flooding , Oil rims , Waterflooding