Makara Journal of Technology
Vol. 17, No. 2

Production Optimization for Plan of Gas Field Development Using Marginal Cost Analysis

Soemardan, Suprapto (Unknown)
Purwanto, Widodo Wahyu (Unknown)
Arsegianto, Arsegianto (Unknown)

Article Info

Publish Date
02 Aug 2013

Abstract

Gas production rate is one of the most important variables affecting the feasibility plan of gas field development. It take into account reservoir characteristics, gas reserves, number of wells, production facilities, government take and market conditions. In this research, a mathematical model of gas production optimization has been developed using marginal cost analysis in determining the optimum gas production rate for economic profit, by employing the case study of Matindok Field. The results show that the optimum gas production rate is mainly affected by gas price duration and time of gas delivery. When the price of gas increases, the optimum gas production rate will increase, and then it will become closer to the maximum production rate of the reservoir. Increasing the duration time of gas delivery will reduce the optimum gas production rate and increase maximum profit non-linearly.

Copyrights © 2013




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Journal Info
Makara Journal of Technology
Website

Abbrev

publication:mjt

Publisher

Universitas Indonesia

Subject

Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Electrical & Electronics Engineering Engineering Materials Science & Nanotechnology Mechanical Engineering

Description

MAKARA Journal of Technology is a peer-reviewed multidisciplinary journal committed to the advancement of scholarly knowledge and research findings of the several branches of Engineering and Technology. The Journal publishes new results, original articles, reviews, and research notes whose content ...