G06N504
Please help me predict the CPC LABEL for this patentPATENT ABSTRACT: According to one embodiment, there is provided herein a system and method for producing a well lifecycle lift plan that includes considerations of multiple types of lift, multiple lift configurations associated with each lift type, and can be used to provide a prediction of when or if it would be desirable to change the lift plan at some time in the future. Another embodiment utilizes a heuristic database with rules that might be used to limit the solution space in some instances by restricting the solution to feasible configurations. A further embodiment teaches how multiple individual well optimization results might be combined with a reservoir model to obtain an optimized lift schedule for an entire field.