SPE YP is hosting a lunch and learn on November 7th! Lunch will be sponsored by ChampionX and the venue will be sponsored by Liberty Energy!

Abstract:

Automation has been used for many years now as a means for oil and gas operators to optimize sucker rod pump wells. Traditional automation for rod pump wells involved operating the well at a fixed speed and idling the well based on a preprogramed time (time clocks) or fillage (pump off control). However, utilizing a Variable Frequency Drive (VFD)is a more sophisticated method to allow operators to increase their runtime by detecting when there is less fluid to produce and slowing the unit down, accordingly. Although utilizing a VFD can provide significant improvements in production and failure reduction, in some cases operators are not able to realize the full advantage of their rod pump wells with VFDs because the VFD setpoints are not optimized. Optimizing VFD setpoints is not necessarily challenging, but in many cases requires many iterations of user intervention which takes time, and with the ever-changing nature of some reservoirs, that job may never be complete for a given well. However, utilizing a host software with algorithms developed by industry experts, VFD setpoint optimization can be done autonomously. Using domain-specific algorithms, the host software can detect deficiencies in VFD operations and iterate through setpoint changes to determine the optimal setpoints. Utilizing host software, the algorithms can constantly check to make sure that the setpoints are keeping the well running optimally, even when reservoir conditions change. By identifying issues like excessive cycling, lost production, unnecessary speed changes, and poor pump fillage, the algorithms implement changes that improve the performance of the well and help operators leverage the full capabilities of their VFD.

About our Speaker:

Ian has an undergraduate degree in petroleum engineering and a master’s degree in mechanical engineering. He joined the Theta/ChampionX team (formerly Dover and then Apergy before ChampionX) back in 2016 as an artificial lift engineer. He also was the support team manager and product line manager before starting a new role managing the customer success team.

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SPE YP is host a happy hour on November 7th sponsored by ChampionX!

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November 2024 Technical Happy Hour

Speaker: Jason Watford, Founder and Managing Partner, Patina Energy & Zach Shulock, Director of Sales, Patina Energy

Title: Data All Day Every Day: What We Learned from Real-Time AB Testing Diagnostics

Abstract:
Patina Energy is a leading provider of real time diagnostics in the oil and gas industry with a couple of thousand samples analyzed this year on
A/B Testing. We will answer the following: What is A/B testing? How does Patina do A/B testing?  And why does real time and thousands of samples
matter? We will walk through several examples to show what several of our customers have learned.

Bio:
Jason Watford is the Founder and Managing Partner of Patina Energy which specializes in Real Time Diagnostics. Jason is a graduate of the University of
Texas in Austin with a degree in Mechanical Engineering. He has worked in the oil and gas industry since graduation 18 years ago starting in the field
with Schlumberger and then moving through multiple positions with C&J Energy Services and Core Laboratories. He has handled many roles
including operations management, business development and technical advisor.

Zach Shulock is the Director of Sales at Patina Energy.  Zach is a graduate of Penn State University with a degree in Petroleum and Natural Gas
Engineering.  He started his career after graduation in 2016 as a frac field engineer with Schlumberger in the Rockies, before moving to Midland and
into sales with Core Laboratories.  He became a part of the Patina Energy team in 2022.

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Please help SPE Denver Section give back to the Denver Rescue Mission by serving breakfast at their Lawrence Street location.

Please arrive by 6:45 and plan to stay till 8:30

For more info Contact Nicolas Cosca at [email protected]

We need volunteers! Let’s talk about Oil and Gas with DPS students. We need help teaching them about all of the great benefits our industry offers!

For more information reach out to [email protected]