Operators recognise that if changes in oil, gas and water fractions can be identified in production flows as they occur, the data can be used for immediate optimisation, leading to increased revenues.
Implementation of real-time data gathering across all wells is often a key objective in increasing asset value through production enhancement and ultimate recovery.
This need for optimisation has driven the adoption of multiphase metering over the last 10 years. However, their cost, complexity and need for regular lifecycle interventions severely inhibits their use in the unconventional, lower production and brownfield sites which would benefit most from data availability.
The new generation of multiphase meters must meet the key needs of those markets: low cost while delivering continuous reliable data.
Low capital costs demand simplicity. Low operating costs demand that the meter minimises maintenance or recalibration requirements.
M-Flow Wellhead Meter Costs are 20% of MPFMs.
- M-Flow’s simplicity and compactness reduces the capital cost of wellhead metering.
- M-Flow’s Zero maintenance philosophy allows operators to avoid the majority of service costs.
- Typically annual MPFM service costs are 25% of the original capital costs, meaning within 4–5 years an MPFM installation will have doubled the total cost to the operator. However, M-Flow meters experience none of the harsh fluids induced degradation or calibration change which are the main drivers for MPFM intervention.
- The meters can be accessed remotely or locally via digital interfaces for diagnostics or calibration updates by local operators, without M-Flow specialists at site.