Technology Focus: Reservoir Performance and Monitoring (September 2013)
- Erik Vikane (Statoil Oseberg East)
- Document ID
- Society of Petroleum Engineers
- Journal of Petroleum Technology
- Publication Date
- September 2013
- Document Type
- Journal Paper
- 108 - 108
- 2013. Copyright is retained by the author. This document is distributed by SPE with the permission of the author. Contact the author for permission to use material from this document.
- 4 in the last 30 days
- 45 since 2007
- Show more detail
- View rights & permissions
|SPE Member Price:||Free|
|SPE Non-Member Price:||USD 4.00|
“All models are wrong, but some are useful.”
This famous quote by George E.P. Box illustrates both the challenge and the appreciation of building models. Models are needed to predict future performance of an oil or gas field, but, at the same time, models are often biased and inaccurate.
Most investment decisions rely on our ability to predict and to plan the future, and, in that regard, nothing is more important than accurately modeling future well performance. Consequently, three of the four chosen papers address different aspects of this topic.
The first paper deals with ways to improve the accuracy of our predictions. It offers readers a rigorous checklist of questions to ask when developing reservoir models to guide them toward less-biased forecasts.
The second paper deals with how we develop reservoir-prediction tools for asset management. Active reservoir management addresses the almost impossible task of maximizing short-term production while optimizing ultimate recovery. However, to evaluate the different reservoir-drainage mechanisms, one needs good models, and the more advanced the drainage mechanism is, the more crucial the model is. As an illustration, it is much easier to model a pressure-depletion scheme than to try to predict a secondary- or tertiary-recovery process. Assessing and quantifying uncertainties as part of the modeling are becoming increasingly common, and this practice improves the ability to develop a sound decision basis.
The development of unconventional shale resources has further challenged the ability to predict performance. Prediction of such unconventional resources does not necessarily require new tools but rather new assumptions and new experience-based calibration methods. More than 40% of the papers I reviewed for this issue dealt with prediction of production and ultimate recovery of shale gas, which clearly illustrates the increasing interest in this topic and the current challenges faced by today’s petroleum engineers. The lack of history and of good analogs further adds to the uncertainty. I am sure that more research and the availability of more production data will enable us to develop better models and, hence, increase the accuracy of our predictions. The third paper provides great insight into our understanding of unconventionals.
Recommended additional reading at OnePetro: www.onepetro.org.
OTC 23949 In-Well Distributed Fiber-Optic Solutions for Reservoir Surveillance by Juun van der Horst, Shell, et al.
IPTC 16866 Uncertainty Assessment of Production Performance for Shale-Gas Reservoirs by Jiang Xie, Chevron, et al.
IPTC 16505 Joint Inversion of Time-Lapse Crosswell Seismic and Production Data for Reservoir Monitoring and Characterization by Lin Liang, Schlumberger, et al.
|File Size||79 KB||Number of Pages||1|