Analisis Kinerja Produksi Sumur LX Menggunakan Artificial Lift PCP dan SRP Serta Pendekatan Keekonomian

Abstract

In the oil industry, the main challenge is to maintain a stable oil production rate, especially when reservoir pressure
decreases. Therefore, artificial lift methods are used to increase production rates. The LX well is one of the wells located
in the Tarakan field, North Kalimantan, where at the beginning of production the Artificial Lift method had not been
used. This study aims to analyze the production performance and economic aspects of the use of 2 artificial lift methods,
namely Progressive Cavity Pump (PCP) and Sucker Rod Pump (SRP). The simulation results show that the flow rate
increases with increasing operating speed and number of strokes per minute. The optimal speed for PCP is 400 rpm with
a flow rate of 1668.14 STB/d, while for SRP, the optimal SPM is 22 with a flow rate of 1686.89 STB/d. The analysis of
the economic calculation of the use of the PCP artificial lift method obtained a POT of 0.69 years. Calculation with DCA
method, obtained IRR ranging from 132% - 133% and NPV ranging from $3,499,432 - $3,842,340. Based on the results
of economic calculations from the use of the SRP artificial lifting method, the POT is 1 year. Calculation with the DCA
method obtained IRR values ranging from 82% - 84% and NPV ranging from $1,661,827 - $2,008,573. These results
indicate that this project is financially feasible.