IMPLEMENTATION OF INTELLIGENT WELL TECHNOLOGY TO MAXIMIZE HYDROCARBON PRODUCTIVITY FROM MULTI-LAYERED RESERVOIR

Intelligent Well Technology (IWT) consists of flexible remotely actuated flow rate control systems with permanent downhole gauges to permanently monitor the production and/or injection variables, take actions in real time, reducing well count and intervention expenses. This alternative is significantly more efficient than the traditional completions, consisting of selective completions that require expensive subsea interventions to close one zone and open another. Also IWT balances the drawdown along the wellbore while, accelerating production by extending the plateau period and decreasing the decline rate while delaying the unwanted fluid breakthrough.