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Oil & Gas

Piper from IHS Markit

Increase revenue and decrease costs with whole system analysis

Are you using multiple oil modeling and gas forecasting software packages to manage numerous assets?

Piper™ software allows you to integrate all of your gas assets to model flow from the reservoir to the delivery point. Quickly model existing or future gathering systems by defining wellbores, compression, pump capacity, pipeline configuration and deliverability in a map-based environment. Optimize production by identifying bottlenecks, data inconsistencies, liquid loading and uplift potential. Run multiple scenarios to determine the effects of infill drilling, compression and pipeline capacity on economic forecasts.

Learn how to:
  • Build integrated asset models for optimal management and accurate forecasts
  • Forecast gas and gas liquid production from wellhead or sandface
  • Diagnose bottlenecks, high-pressure areas, and wells with untapped potential
  • Model and manage operating and capital costs
  • Assess impact of gathering system changes on deliverability
  • Evaluate individual well/complete well system value

Combining the surface and the subsurface to validate and better understand your shale gas play

Features

Field Planning

Plan field development from reservoir to the delivery point using:

  • Geographical referencing
  • On-screen editing
  • Shape files
  • Image files
  • Analytical reservoir models
  • Compression modeling
  • Proposed development forecasting
  • Economic forecasting
  • Equation of state modeling, black oil modeling, pump modeling
Production Optimization

Use diagnostics to easily identify:

  • Additional system losses
  • Liquid loading
  • Bottlenecks
  • Uplift potential
Forecasting/Justification

Use IHS Markit Piper to forecast production, justify development and determine:

  • Pipeline, compression and wellbore requirements
  • Impact of proposed development (i.e. infill wells, compression, pipeline expansion)
  • Economic value of proposed development
Application Integration

Import RTA model to:

  • Quantify production on a daily or monthly basis
  • Identify production back-out
  • Identify potential problems due to liquid loading
  • Evaluate impact of re-completion

Resources

IHS Reservoir Engineering

Engineering Training Courses

IHS Energy Blog

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IHS Markit Engineering Solutions

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Events

IHS Markit Conference 10 December 2020

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IHS Markit Webinar 19 November 2020

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