Use of Smart Controls in Intelligent Well Completion to Optimize Oil and Gas Recovery.
ABSTRACT For the past few years, the oil and gas industry has faced several economic, geographic and technical challenges largely due to decline in crude oil prices and market volatility. In the quest to address some of these challenges to accelerate production and subsequently maximize ultimate recovery, operators are limited to remote hydraulic and electro-hydraulic monitoring and control of safety valves providing the means of obtaining downhole production data which demands peri...