This paper explores multiple completion options in gas-condensate reservoirs with compositional simulations. Besides intelligent well completion (IWC), other options included commingling two reservoirs of contrasting conductivity (permeability-thickness product), and selectively perforating zones or reservoirs to offset the permeability contrast. At the outset, a value of information exercise suggested probing downhole sensing and completion issues in a stacked-reservoir situation. The ultimate objective of this study was to ascertain economic completion strategy so that depletion of reservoirs occurs evenly at the project's termination.

Single-well compositional simulations formed the backbone for our evaluation of three completion options. Each reservoir was characterized by history-matching drillstem tests. Experimental design reduced the large number of simulation runs to a manageable few for probabilistic forecasting. Comparison of three options suggested that all of them nearly produced the desired results of maximum liquid recovery, despite a ten-fold difference in permeability between the two horizons. As expected, direct commingling of reservoirs produced somewhat unfavorable results, which was mitigated by the other two completion options.

Results further showed that condensate banking was a nonissue in this high-kh system of reservoirs as far as the gas deliverability is concerned. In other words, although 40% to 60% degradation in the gas productivity index (PI) occurred, gas deliverability remained intact. In contrast, both the liquid PI and rate declined with time owing to the phase-behavior issue. Finally, we learned that the net income generated by the IWC is no better than the selective-perforation completion (SPC).

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