Pipe-It Production Allocation facilitates accurate partner revenue sharing through detailed compositional modeling of produced hydrocarbon streams from point of sale to reservoir, well, and perforation level.
Pipe-It Production Allocation Solution gives a detailed and up to date overview of your entire production system and enable more informed decisions based on consistent and accurate data.
This solution estimates the contribution of the field production of oil and gas to individual wells. Well tests and any other measured production data is used to estimate producing wellstream composition for individual wells. Compositional wellstreams are aggregated and processed through process simulation models representing the process facilities to yield accurate calculated sales product rates. Calculated and measured sales product rates are compared, and individual well contributions to the sales products are allocated, enabling accurate distribution of revenues between license partners.