Integrated geoscience and engineering software plays a key role in providing reservoir performance analysis, which is needed to develop management plan, as well as to monitor, evaluate, and operate the reservoir. As opposed to only one reservoir life, the software can simulate many lives for the reservoir under different scenarios, and thus provide a very powerful tool to optimize reservoir operations.

This presentation will discuss how to build an integrated geoscience/engineering reservoir model, which dictates the accuracy of the computed performance results, and illustrates the role that software plays in reservoir management with the following examples:

  • Newly discovered offshore oil field

    How to create an economically viable development plan i.e., natural depletion, or natural depletion augmented by water injection, and well spacing requiring the number of wells and platforms, based upon simulation studies and economic analyses?

  • Nigeria's North Apoi /Funiwa Field

    How did a team of geoscientists and engineers evaluate, using integrated software, the past and future reservoir performance under various operating conditions, and more than double the reserves of this mature offshore field?

  • Waterflood Project Development

    How to engineer an economically viable waterflood development plan for a primary depleted reservoir, considering peripheral and patterns floods?

It was concluded that integrated software is now playing a key role in reservoir management. Software provides the opportunity to quickly and inexpensively test the various ways to produce a field. In addition, software can be effectively utilized to choose the most economically viable way to exploit an asset.

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