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

Claim 0:
1. A method comprising:
performing, by a processing device, an evaluation of a first artificial lift approach in a plurality of lift approaches that can be operated at a well having a subterranean hydrocarbon reservoir, the first artificial lift approach comprising a first artificial lift apparatus, the evaluation providing a first overall risk level that is based at least in part on a static factor associated with operating the first artificial lift approach in the well, a dynamic factor associated with operating the first artificial lift approach at an operating condition, and a lifetime-based factor that is a function of an operational time period for the first artificial lift approach;
generating, by the processing device, an artificial lift plan based at least in part on the first overall risk level and a second overall risk level, 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 a second artificial lift approach in the plurality of lift approaches, the second overall risk level being associated with the second artificial lift approach, the second lift approach comprising a second artificial lift apparatus that is different from the first artificial lift apparatus;
generating an interface to be displayed on a display, the interface comprising a breakdown of risk factors that form the risk level at a point within a lift plan timeframe, wherein the risk factors comprise the dynamic factor, the static factor, and the lifetime-based factor that are associated with the point within the lift plan timeframe, wherein the interface further comprises an indication of an excluded artificial lift approach that is excluded for consideration from the artificial lift plan and a reason for being excluded, the excluded artificial lift approach comprising an excluded artificial lift apparatus different from the first and second artificial lift apparatuses; 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 first overall risk level and, subsequent to the first operational time period, operating the second artificial lift approach for the second operational time period to provide a second expected production volume of hydrocarbons at the second 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.