Javascript must be enabled to continue!
Application of Analytical Methods to Provide Inputs to Asset Action Plans
View through CrossRef
Abstract
Analytical and reservoir simulation modeling are two essential techniques used in the field of reservoir engineering. Analytical modeling focuses on mathematical equations and analytical solutions to predict reservoir behavior, while reservoir simulation modeling utilizes computer simulations to replicate real-world reservoir conditions. This abstract provides an in-depth overview of analytical modeling, emphasizing its significance, key principles, and its applications in North Kuwait Jurassic fields.
Analytical models are based on mathematical equations describing fluid flow in porous media, derived from fundamental fluid mechanics principles, and solved analytically for explicit solutions. They are particularly useful for analyzing simple reservoir geometries and idealized flow scenarios, offering insights into crucial parameters such as pressure distributions, fluid saturations, and production rates. A key advantage of analytical modeling is its computational efficiency. Compared to numerical methods, analytical solutions are derived quickly and demand fewer computational resources. This efficiency makes them valuable for preliminary reservoir studies, what-if analyses, and sensitivity studies. Analytical models also serve as a starting point for calibrating more complex numerical models.
These models can be categorized based on assumptions and complexity, including radial flow, linear flow, and boundary-dominated flow models. Radial flow models are applied to single well analyses, estimating well deliverability, and predicting reservoir pressure decline. Linear flow models are suitable for long and narrow reservoirs, such as fractured reservoirs, providing insights into fracture properties and aiding in fracture optimization and production forecasting. Boundary-dominated flow models analyze reservoir behavior near boundaries, considering the impact of boundary effects on fluid flow and providing information on reservoir connectivity and compartmentalization.
However, analytical modelling comes with limitations, primarily relying on simplified assumptions like homogeneous and isotropic reservoir properties. These assumptions may not accurately represent the complexity often found in real reservoirs, necessitating careful validation and calibration using field data to ensure reliability and accuracy. Despite these limitations, analytical modeling remains vital in reservoir simulation. Integrating analytical models with advanced numerical methods and computational power enhances their accuracy and applicability. This work focuses on extending analytical models to incorporate more realistic reservoir features, such as multi-phase flow and complex well configurations. A detailed study will be presented focusing on the application of analytical modelling in the context of modelling asset action plan.
In conclusion, analytical modeling in reservoir simulation is a valuable tool for predicting reservoir behavior and estimating performance. Its efficiency in solving engineering problems facilitated informed decisions in reservoir development and production strategies of one of North Kuwait Jurassic fields.
Title: Application of Analytical Methods to Provide Inputs to Asset Action Plans
Description:
Abstract
Analytical and reservoir simulation modeling are two essential techniques used in the field of reservoir engineering.
Analytical modeling focuses on mathematical equations and analytical solutions to predict reservoir behavior, while reservoir simulation modeling utilizes computer simulations to replicate real-world reservoir conditions.
This abstract provides an in-depth overview of analytical modeling, emphasizing its significance, key principles, and its applications in North Kuwait Jurassic fields.
Analytical models are based on mathematical equations describing fluid flow in porous media, derived from fundamental fluid mechanics principles, and solved analytically for explicit solutions.
They are particularly useful for analyzing simple reservoir geometries and idealized flow scenarios, offering insights into crucial parameters such as pressure distributions, fluid saturations, and production rates.
A key advantage of analytical modeling is its computational efficiency.
Compared to numerical methods, analytical solutions are derived quickly and demand fewer computational resources.
This efficiency makes them valuable for preliminary reservoir studies, what-if analyses, and sensitivity studies.
Analytical models also serve as a starting point for calibrating more complex numerical models.
These models can be categorized based on assumptions and complexity, including radial flow, linear flow, and boundary-dominated flow models.
Radial flow models are applied to single well analyses, estimating well deliverability, and predicting reservoir pressure decline.
Linear flow models are suitable for long and narrow reservoirs, such as fractured reservoirs, providing insights into fracture properties and aiding in fracture optimization and production forecasting.
Boundary-dominated flow models analyze reservoir behavior near boundaries, considering the impact of boundary effects on fluid flow and providing information on reservoir connectivity and compartmentalization.
However, analytical modelling comes with limitations, primarily relying on simplified assumptions like homogeneous and isotropic reservoir properties.
These assumptions may not accurately represent the complexity often found in real reservoirs, necessitating careful validation and calibration using field data to ensure reliability and accuracy.
Despite these limitations, analytical modeling remains vital in reservoir simulation.
Integrating analytical models with advanced numerical methods and computational power enhances their accuracy and applicability.
This work focuses on extending analytical models to incorporate more realistic reservoir features, such as multi-phase flow and complex well configurations.
A detailed study will be presented focusing on the application of analytical modelling in the context of modelling asset action plan.
In conclusion, analytical modeling in reservoir simulation is a valuable tool for predicting reservoir behavior and estimating performance.
Its efficiency in solving engineering problems facilitated informed decisions in reservoir development and production strategies of one of North Kuwait Jurassic fields.
Related Results
DAR, ROA dan TATO dalam memengaruhi Price Earning Ratio
DAR, ROA dan TATO dalam memengaruhi Price Earning Ratio
ABSTRAKTujuan penelitian ini adalah menganalisis pengaruh debt to asset ratio, return on asset dantotal asset turn over terhadap price earning ratio. Diperoleh 6 sampel perusahaan ...
Optimizing Asset Replacement Decisions Through Integrated 360° Insights
Optimizing Asset Replacement Decisions Through Integrated 360° Insights
Abstract
Objectives/Scope
Upper Zakum field is a significant offshore site where ADNOC Offshore invests heavily to bringi...
Due Diligence and Valuation of Unconventional Oil & Gas Assets for Acquisition Bidding
Due Diligence and Valuation of Unconventional Oil & Gas Assets for Acquisition Bidding
Abstract
Acquisitions & Divestitures ("A&D") professionals routinely adjust the valuation parameters, on the basis of asset type being evaluated, to determin...
Integrated Pore-to-Process Modelling Approach for Confident Decision-Making in Field Development of a Complex Onshore Gas-Condensate Asset in the Middle East
Integrated Pore-to-Process Modelling Approach for Confident Decision-Making in Field Development of a Complex Onshore Gas-Condensate Asset in the Middle East
Abstract
A complex onshore gas-condensate asset in the Middle East has a roadmap to deliver an ambitious targeted production rate within a set timeframe and meeting ...
The Intention of Bridge Asset Management Implementation in Indonesia
The Intention of Bridge Asset Management Implementation in Indonesia
The need for effective bridge asset management in Indonesia has become crucial. Currently, the number of bridge assets in Indonesia is continuously increasing, parallel to the risi...
The Intention of Bridge Asset Management Implementation in Indonesia
The Intention of Bridge Asset Management Implementation in Indonesia
The need for effective bridge asset management in Indonesia has become crucial. Currently, the number of bridge assets in Indonesia is continuously increasing, parallel to the risi...
Pengaruh Total Asset Turnover Dan Debt To Asset Ratio Terhadap Return On Asset
Pengaruh Total Asset Turnover Dan Debt To Asset Ratio Terhadap Return On Asset
Penelitian ini bertujuan untuk mengetahui pengaruh total asset turnover (TATO) dan debt to asset ratio (DAR) terhadap return on asset (ROA) pada PT Indofood Sukses Makmur Tbk perio...
Achieving Substantial Cost Savings through a Holistic Asset Replacement Strategy
Achieving Substantial Cost Savings through a Holistic Asset Replacement Strategy
Abstract
A holistic asset replacement strategy is developed to produce a master asset replacement plan for a significant number of ageing offshore structures and sub...

