Abstract

This study presents a comprehensive design approach to determine optimal equipment size and operating conditions while considering process load variation. We applied the suggested approach to PRICO® Single Mixed Refrigerant (SMR) process to take account of the feed gas load reduction owing to depletion of natural gas fields. The suggested approach differs from a traditional one in that it performs design and optimization with several steady-state operation regimes depending on the load variation. The economics of each design approach is evaluated by the economic assessment model that reflects the annual profit under the varying production rate according to the actual production profiles of the gas field wells, Maui and Kapuni in New Zealand. The proposed design approach makes a loss in the compressor equipment cost. However, it reduces the operation cost over a wide range of operations, leading to the overall improvement of economics in a gas well along its lifetime production. This study also conducts a quantitative analysis between the load capacity that a single train must bear and the key economic variables through a case study on two-train operation. This provides insight into the economics and operability of the process depending on the number of trains.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call