Analysis of the Investment Economic Benefit on Renqiu Buried Hill Reservoir Lift Methods Conversion

Abstract

Renqiu buried hill reservoir of electric submersible pump well in order to reduce the sewage invalid recycling and saving energy, using the electric submersible pump(ESP) well convert into pumping unit well to produce. The scheme design lifting process adjustment and optimization of 13 wells. Through the analysis of economic benefit, 13 ESP wells convert into the pumping unit wells will obtain the production economic benefit of 5.5809 million Yuan. The investment recovery period is 24 months. The field application results are obvious, reaching the purpose of energy saving. Keywords-Renqiu buried hill reservoir; electric submersible pump; pumping unit well; lift methods; economic benefit analysis.