A DECISION SUPPORT SYSTEM FOR IMPROVING HYDRAULIC FRACTURE TREATMENT FOR HYDROCARBON RESERVOIRS

2001 ◽  
Vol 41 (1) ◽  
pp. 633
Author(s):  
M.K. Rahman ◽  
M.M. Rahman ◽  
S.S. Rahman

This paper presents a complete decision support system for designing a hydraulic fracture treatment program, with comprehensive reasoning at every stage. The overall hydraulic fracturing design problem is viewed as a multi-objective and multivariate system design problem, which recognises complex interactions between a hydraulically coupled fracture geometry model, a hydrocarbon production model and an investment-return cash flow model. The selected models have been incorporated into the system based on critical assessments against other alternative models in terms of their degree of uncertainty and suitability for particular design cases.Based on critical analysis of the overall system, free design variables (the values of which have to be decided) are identified. System constraints are formulated to ensure that the values of these design variables are selected within their specified ranges, based on experience, industry practice and other system considerations. These constraints also ensure that any final design is executable in the field using the specified surface equipment (pump, tube, etc.) and that the treatment does not cause any undesirable formation damage by uncontrolled fracture growth and/or multiple secondary fracture initiation.Various measures of merit, such as production, net present value and treatment cost, are used to assess a design; possible conflicts between them are discussed. Finally, an innovative prioritised goal-set combined objective function is proposed to achieve a goal-oriented hydraulic fracturing treatment program. Possible solution tools, which can manage such a complex problem, are reviewed in order to achieve an optimum design. A novel intelligent moving object algorithm is introduced to develop a scheme for optimising the design of a hydraulic fracture stimulation program. The reasoning and action sequence of this algorithm is presented in simplified formulations rather than as complex mathematics. By simple reasoning and action, the algorithm improves an initial given design towards a compromised best possible design satisfying all the constraints. The algorithm is capable of handling any degree of non-linearity, nondifferentiability and discontinuity in the objective and constraint functions formulated by the use of production and cost-return models and knowledge of complex fracture geometry.The overall decision support system is applied to a tight gas reservoir from central Australia. Results show that the proposed system improves hydraulic fracturing design and provides a goal-oriented optimum design in a conflicting environment. Of particular interest is that about 12% compromise with maximum possible production, or net present value (NPV) over 10 years can save up to 44% of initial hydraulic fracturing treatment cost. Although the dollar value of NPV sacrifice is more than the treatment cost saving, a company may still prefer such a design because it offers immediate cash saving compared to marginal NPV sacrifice over a period that may encounter various uncertainties. However, the 88% production, or net present value, as a result of an optimum treatment program designed by the proposed optimisation scheme is significantly higher than any arbitrary design.

2016 ◽  
Vol 14 (1) ◽  
pp. 156
Author(s):  
Difana Meilani ◽  
Ryan Amirulfiras

The implementation of decision support system will be applied to support the regional investment of West Sumatera by providing a feasibility study analysis; exclusively the aspects of economic and financial criteria. This research was carried out in West Sumatera Regional Investment Coordinating Board as the authorities of regional investment licensing and controlling. The first step in designing a decision support system is conducting Pre – Study. It consists of literature study and pre–design study related to field of study. Next step is using Unified Modeling Language (UML) method to provide, represent and visualize the system. The basic model of financial feasibility study is implemented by using the predetermined assumption as the scope of the best system performance. The system design which is implemented uses the Web and GIS concept. Otherwise, the expected result from the research is the application is able to calculate the basic data from financial feasibility aspect into needed information in order to analyze the feasibility of any investments. The result should be converted into Net Present Value, Benefit Cost Ratio, Internal Rate of Returns, and Payback Period value. The last step of the research is verification and validation in order to make sure the ability of application accommodating the pre -design system requirements. The result of verification and validation is able to accommodate the pre -designsystem requirements conclusively.Keywords: Feasibility, Financial, Investment, Decision Support System, GISAbstrakPerancangan Sistem Penujang Keputusan (SPK) ini dilakukan dalam upaya mendukung promosi investasi daerah dengan menyediakan sebuah aplikasi yang dapat membantu memberikan penilaian terhadap kelayakan sebuah investasi yang dilihat dari sisi ekonomi finansialnya. Penelitian ini di lakukan di BKPMP (Badan Kordinasi Penanaman Modal Provinsi Sumatera Barat) sebagai pihak berwenang dalam menentukan perizinan dan pengawasan investasi provinsi. Tahapan awal adalah dengan melakukan studi pendahuluan terhadap kajian bidang terkait. Tahap selanjutnya dengan menggunakan metode UML (Unified Modelling Language) yang memberikan gambaran visual dari sistem yang dirancang. Implementasi nyata dari sistem dengan menetapkan model dasar (modelbase) kelayakan finansial standar dengan beberapa asumsi sebagai ruang lingkup perancangan aplikasi. Perancangan aplikasi dilakukan dengan mengintegrasikan konsep Web dan GIS. Kemampuan aplikasi dalam menyediakan hasil pengolahan data-data dasar yang dibutuhkan pada sebuah kelayakan finansial dan mengkonversinya kedalam kriteria kelayakan investasi seperti Net Present Value, Benefit Cost Ratio, Internal Rate of Returns, dan Payback Period. Setelah dilakukan tahap perancangan aplikasi, maka dilakukan verifikasi dan validasi terhadap aplikasi yang dirancang. Hal ini ditujukan agar dapat dilihat apakah aplikasi telah mampu mengakomodasi setiap fungsi yang ada pada rancangan awal. Dari hasil verifikasi dan validasi telah dapat disimpulkan bahwa aplikasi ini dapat berjalan sesuai dengan harapan.Kata kunci: Kelayakan, Finansial, Investasi, Sistem Penunjang Keputusan, GIS


Forests ◽  
2021 ◽  
Vol 12 (6) ◽  
pp. 784
Author(s):  
Sandro Sacchelli ◽  
Tommaso Cavuta ◽  
Costanza Borghi ◽  
Maria Cipollaro ◽  
Roberto Fratini ◽  
...  

This study presents a decision support system for the financial analysis of an acorn chain used in food production. The application of these fruits, in fact, shows potential in human nutrition and valorization of rural and marginal areas. A multi-step production process is hypothesised with a different potential organizational structure of each phase and products to be sold. The net present value, pay-back period, safety margins, and internal rate of return are computed for the implemented scenario. The research was grounded on Italian-based data but can be easily transferred to other case studies. The results highlight potential economic suitability of the chain, although subject to a minimal value of prices and productivity. Future improvements and further integration of this study, such as the analysis of fluctuation’s risk of annual production or the need to investigate sensorial properties of acorns, are suggested and discussed.


2020 ◽  
Vol 35 (Supplement_3) ◽  
Author(s):  
Egor Kondratiev ◽  
Vladimir Novitskiy ◽  
Aleksei Galchenkov

Abstract Background and Aims Some of the most common complications of CKD are anemia and bone and mineral disorders (BMD). Adequacy of treatment of patients with these complications directly affects their life quality and duration. The goal of our work is to create medical decision support system (MDSS) that will be able to generate recommendations on diagnostics and treatment of CKD patients with anemia and BMD complications, based on clinical guidelines and control the fulfillment of corresponding prescriptions. Method We have developed an automated medical decision support system that generates recommendations on patient’s treatment and further studies that are mandatory according to regulations, based on patient’s electronic medical record. The functionality of MDSS is based on knowledge base (KB), which consists of clinical guidelines formalized as mathematical logic operators. The system is also able to control how medical staff fulfills generated diagnostic and treatment prescriptions: deadlines, duration and order of actions, mandatory studies from regulations, drug therapy, etc. The assessment of the system was conducted on more than 2000 CKD patients on chronic dialysis from 30 “Nefrosovet” hemodialysis clinics. Results MDSS was developed using process-based management principles and was successfully employed on representative sample of patients with CKD on chronic dialysis from “Nefrosovet” hemodialysis clinics. The system generated recommendations for this group of patients for the duration of 6 months. Recommendations were related to diagnostics and treatment of patients, specific diagnoses, scheduled and additional studies, drug prescriptions (where dose was set by a physician), etc. As a result of using a system, we were able to reduce average treatment cost of patient by 14% for anemia related treatment and by 36% for BMD related treatment. At the same time the treatment quality has improved from an average of 46% to 60% of patients in target ranges of key laboratory parameters after 6 months of system usage. Treatment cost has reduced due to the timely start and gradual cancelation (by indications) of drug therapy, which also allowed us to avoid overadministration of unnecessary drugs. Conclusion Deployment of developed MDSS for process-based management of patients with CKD on chronic dialysis with anemia and BMD complications has shown high cost efficiency. Furthermore, automated diagnostics, therapy and prescription fullfilment control is performed without loss of quality, sometimes even with the improvement of quality of treatment process.


2019 ◽  
Vol 5 (2) ◽  
pp. 25-39
Author(s):  
Luluk Suryani ◽  
Raditya Faisal Waliulu ◽  
Ery Murniyasih

Usaha Kecil Menengah (UKM) adalah salah satu penggerak perekonomian suatu daerah, termasuk Kota Sorong. UKM di Kota Sorong belum berkembang secara optimal. Ada beberapa penyebab diantaranya adalah mengenai finansial, lokasi, bahan baku dan lain-lain. Untuk menyelesaikan permasalah tersebut peneliti terdorong untuk melakukan pengembangan Aplikasi yang dapat membantu menentukan prioritas UKM yang sesuai dengan kondisi pelaku usaha. Pada penelitian ini akan digunakan metode Analitycal Hierarchy Process (AHP), untuk pengambilan keputusannya. Metode AHP dipilih karena mampu menyeleksi dan menentukan alternatif terbaik dari sejumlah alternatif yang tersedia. Dalam hal ini alternatif yang dimaksudkan yaitu UKM terbaik yang dapat dipilih oleh pelaku usaha sesuai dengan kriteria yang telah ditentukan. Penelitian dilakukan dengan mencari nilai bobot untuk setiap atribut, kemudian dilakukan proses perankingan yang akan menentukan alternatif yang optimal, yaitu UKM. Aplikasi Sistem Pendukung Keputusan yang dikembangkan berbasis Android, dimana pengguna akan mudah menggunakannya sewaktu-waktu jika terjadi perubahan bobot pada kriteria atau intensitas.  Hasil akhir menunjukkan bahwa metode AHP berhasil diterapkan pada Aplikasi Penentuan Prioritas Pengembangan UKM.


2014 ◽  
Author(s):  
Kamaruzaman S. ◽  
◽  
A. H. Omar ◽  
Muhammad Iqbal Tariq Idris ◽  
Izwyn Z. ◽  
...  

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