Total Asset Modeling With Integrated Asset Models and Persistent Asset Models

摘要

Systems and methods for total asset modeling by updating a preexisting integrated asset model in the form of a unique type model during different stages of an asset lifecycle to identify and evaluate a new asset during the asset lifecycle.

主权项

1. A method for executing a project for a potential asset target by total asset modeling, which comprises:
a) selecting a best profitable engineering scenario for the potential asset target and an associated type model, wherein the type model includes one or more variables related to drilling operations and one or more variables related to a capital phase of the project; b) updating the type model using a computer processor by at least one of adjusting each variable for the type model according to currently available drilling operations data and capital phase information that is related to a respective adjusted variable and adding at least one of one or more variables related to drilling operations and one or more variables related to the capital phase of the project to the type model according to the currently available drilling operations data and capital phase information that is related to a respective added variable; c) refining the updated type model by adjusting each variable for the updated type model according to any additional drilling operations data and capital phase information that is related to a respective adjusted variable; d) updating a net present value for the best profitable engineering design scenario using the refined type model; e) determining whether to operate the potential asset target based on a comparison of a rank for the updated net present value and a corporate portfolio capital spending budget; and f) repeating steps a)-e) the capital phase of the project is complete.