AUTOMATIC HYDROCARBON PRODUCTION MANAGEMENT SYSTEM

The present invention is used to manage oilfield hydrocarbon production from boreholes, specifically to automatically optimize production of fluids from one or more wells in accordance with one or more production goals when presented with readings of the process environment internal to the well process such as temperature, salinity, or pressure, or external to the well process but important nonetheless such as providing economic data, weather data, or any other data relevant to production management. The present invention can automatically sense and adapt to both internal and external process conditions, automatically adjusting operating parameters to optimize production from the wellbore with a minimum of human intervention. The oilfield hydrocarbon production management may be accomplished by systems located downhole, at the surface, subsea, remotely, or from a combination of these systems and includes one or more of the following features: intelligent and non-intelligent well devices such as flow control tools, smart pumps, and sensors; knowledge store databases comprising historical databases, reservoir models, and wellbore requirements; and supervisory control and data acquisition software comprising one or more oilfield hydrocarbon production management goals, one or more process models,and, optionally, one or more goal seeking intelligent software objects.