Patent ID: 11859470
Assignee: BAKER HUGHES HOLDINGS LLC
Field: Civil engineering (Other fields)
Classification: CPC E  G | IPC E  G

Claim 9:
10. A system comprising:
a memory comprising computer readable instructions; and
a processing device for executing the computer readable instructions for performing a method comprising:
performing, by the processing device, a first evaluation of a first artificial lift approach that can be operated at a well having a subterranean hydrocarbon reservoir, the first artificial lift approach comprising a first artificial lift apparatus, the first evaluation being based at least in part on a first static factor associated with operating the first artificial lift approach in the well, a first dynamic factor associated with operating the first artificial lift approach at a first operating condition, and a first lifetime-based factor that is a function of a first operating time for the first artificial lift approach;
performing, by the processing device, a second evaluation of a second artificial lift approach that can be operated at the well having the subterranean hydrocarbon reservoir, the second artificial lift approach comprising a second artificial lift apparatus different from the first artificial lift apparatus, the second evaluation being based at least in part on a second static factor associated with operating the second artificial lift approach in the well, a second dynamic factor associated with operating the second artificial lift approach at a second operating condition, and a second lifetime-based factor that is a function of a second operating time for the second artificial lift approach;
generating, by the processing device, an artificial lift plan based at least in part on the first evaluation, the second evaluation, and an overall risk level determined based at least in part on at least one of the first static factor, the second static factor, the first dynamic factor, the second dynamic factor, the first lifetime-based factor, or the second lifetime-based factor, wherein the artificial lift plan defines at least (i) a first operational time period for the first artificial lift approach and (ii) a second operational time period for the second artificial lift approach;
generating an interface to be displayed on a display, the interface comprising a stacked bar chart comprising indicia for the first static factor and the first dynamic factor at a plurality of points in time for the first artificial lift approach; and
extracting hydrocarbons from the subterranean hydrocarbon reservoir based on the artificial lift plan by operating, at the well, the first artificial lift approach for the first operational time period to provide a first expected production volume of hydrocarbons at the overall risk level and, subsequent to the first operational period, operating the second artificial lift approach for the second operational time period to provide a second expected production volume of hydrocarbons at the overall risk level; wherein the first expected production volume in the first operational time period is greater than an expected production volume that would be produced by the second artificial approach in the first operational time period.