Reservoir simulation can be a cost-effective tool for helping to optimize the development scheme and minimize economic risk for practically any hydrocarbon reservoir. Simulation of giant deepwater fields can require an increased level of model sophistication, as in many cases there are multiple reservoirs, and planning for a large number of production and injection wells connected to various platforms over large distances. Risk analysis is important, as much of the development planning is based on a limited acquired database. This extended abstract presents a summary of the modeling techniques employed for such a field: Marlim Sul, offshore Rio de Janeiro, Brazil.

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