A Colorado energy producer is taking advantage of new Coriolis mass flowmeter technology that ensures both stable and uninterrupted measurements of oil with high gas content. The new meter is cost-effective, rugged and reliable technology that helps them meet investors’ needs for accurate and reliable well allocation measurement information.
Independent energy company looking for cost-effective well allocation metering
Denver-based Bonanza Creek Energy is an exploration and production company focused on extracting oil and associated liquids-rich natural gas in the US. The company has operations in Colorado’s Denver-Julesburg Basin, a major oil and gas field that is being actively developed through the use of horizontal drilling and multi-stage fracture stimulation.
Bonanza Creek is developing its assets in the basin by drilling horizontal lateral wells. The company needed an accurate and reliable way to measure how much oil and water each well was producing. Tank gauging is the standard method used to measure the volume of production at each well. While simple and relatively accurate, tank gauging is time...
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