Continuous and timely lift optimization on a well is dependent on the knowledge of the operational conditions of a well and its associated reservoir. When looking to maximize the economic benefit from a well at a given point in time,

Parametric analysis is a common exercise employed by production engineers in well modeling and decision making. The figure above displays a set of gas injection performance plots (Oil production rate vs. Gas injection rate) resulting from a parametric analysis of

Parametric analysis is a common exercise employed by production engineers in well modeling and decision making. The figure above displays a set of gas injection performance plots (Oil production rate vs. Gas injection rate) resulting from a parametric analysis of