Analysis of multicriteria models application for selection of an optimal artificial lift method in oil production

In the world today for the exploitation of oil reservoirs by artificial lift methods are applied different types of deep pumps (piston, centrifugal, screw, hydraulic), water jet pumps and gas lift (continuous, intermittent and plunger). Maximum values of oil production achieved by these exploitation methods are significantly different. In order to select the optimal exploitation method of oil well, the multicriteria analysis models are used. In this paper is presented an analysis of the multicriteria model's application known as VIKOR, TOPSIS, ELECTRE, AHP and PROMETHEE for selection of optimal exploitation method for typical oil well at Serbian exploration area. Ranking results of applicability of the deep piston pumps, hydraulic pumps, screw pumps, gas lift method and electric submersible centrifugal pumps, indicated that in the all above multicriteria models except in PROMETHEE, the optimal method of exploitation are deep piston pumps and gas lift.