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Petroleum Reservoir Management

This is the only book to exclusively address petroleum reservoir management based on actual field development experience.

Author: Pathak

Publisher: CRC Press

ISBN: 1000429326

Category: Technology & Engineering

Page: 442

View: 523

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Petroleum reservoir management considerations and practices are deeply rooted in the optimization of development objectives, requisite investments, operational costs, and philosophy in addition to the dynamics of timely decision-making. Petroleum Reservoir Management: Considerations and Practices highlights the key reservoir management topics and issues that engage the attention of exploration and production companies over the life cycle of an oilfield. This is the only book to exclusively address petroleum reservoir management based on actual field development experience. It emphasizes the role of good project management, the value of a quantitative assessment of reservoir health, the importance of using good practices, and the need for true collaboration among various team players to maximize the benefits. The book expands the scope of reservoir management from field operations to boardroom discussions about capital financing to product pricing criteria, mechanisms, and strategies. FEATURES Reviews subsurface and surface management issues Discusses project and price management factors critical to the oil industry Describes macromanagement issues covering the reservoir life cycle from production to pricing Includes the role and significance of teamwork, open communication, and synergy in reservoir management This book is aimed at professionals and graduate students in petroleum and reservoir engineering, oil and gas companies, and environmental engineering.
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Reservoir Management

This book is designed as a guide for non-specialists involved in the process of reservoir management, which is often treated as a task for reservoir engineers alone: it is a task for all the disciplines involved in turning a exploration ...

Author: Steve Cannon

Publisher: John Wiley & Sons

ISBN: 111961936X

Category: Science

Page: 300

View: 589

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Reservoir management is fundamental to the efficient and responsible means of extracting hydrocarbons, and maximising the economic benefit to the operator, licence holders and central government. All stakeholders have a social responsibility to protect the local population and environment. The process of managing an oil or gas reservoir begins after discovery and continues through appraisal, development, production and abandonment; there is cost associated with each phase and a series of decision gates should be in place to ensure that an economic benefit exists before progress is made. To correctly establish potential value at each stage it is necessary to acquire and analyse data from the subsurface, the planned surface facilities and the contractual obligations to the end-user of the hydrocarbons produced. This is especially true of any improved recovery methods proposed or plans to extend field life. To achieve all the above requires a multi-skilled team of professionals working together with a clear set of objectives and associated rewards. The team’s make-up will change over time, as different skills are required, as will the management of the team, with geoscientists, engineers and commercial analysts needed to address the issues as they arise. This book is designed as a guide for non-specialists involved in the process of reservoir management, which is often treated as a task for reservoir engineers alone: it is a task for all the disciplines involved in turning a exploration success into a commercial asset. Most explorers earn their bonus based on the initial estimates of in-place hydrocarbons, regardless of the ultimate cost of production; the explorers have usually moved on to a new basin before the first oil or gas is produced! This book is not a deeply academic tome, rather the description of a process enlivened by a number of stories and case studies from the author’s forty years of experience in the oil-patch.
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Petroleum Reservoir Engineering Practice

3,4 Closedloop reservoir management can be described as a process that seeks to maximize reservoir performance in terms of hydrocarbon recovery or net present value for the remaining projected life of the reservoir by changing ...

Author: Nnaemeka Ezekwe

Publisher: Pearson Education

ISBN: 0132485176

Category: Technology & Engineering

Page: 816

View: 213

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The Complete, Up-to-Date, Practical Guide to Modern Petroleum Reservoir Engineering This is a complete, up-to-date guide to the practice of petroleum reservoir engineering, written by one of the world’s most experienced professionals. Dr. Nnaemeka Ezekwe covers topics ranging from basic to advanced, focuses on currently acceptable practices and modern techniques, and illuminates key concepts with realistic case histories drawn from decades of working on petroleum reservoirs worldwide. Dr. Ezekwe begins by discussing the sources and applications of basic rock and fluid properties data. Next, he shows how to predict PVT properties of reservoir fluids from correlations and equations of state, and presents core concepts and techniques of reservoir engineering. Using case histories, he illustrates practical diagnostic analysis of reservoir performance, covers essentials of transient well test analysis, and presents leading secondary and enhanced oil recovery methods. Readers will find practical coverage of experience-based procedures for geologic modeling, reservoir characterization, and reservoir simulation. Dr. Ezekwe concludes by presenting a set of simple, practical principles for more effective management of petroleum reservoirs. With Petroleum Reservoir Engineering Practice readers will learn to • Use the general material balance equation for basic reservoir analysis • Perform volumetric and graphical calculations of gas or oil reserves • Analyze pressure transients tests of normal wells, hydraulically fractured wells, and naturally fractured reservoirs • Apply waterflooding, gasflooding, and other secondary recovery methods • Screen reservoirs for EOR processes, and implement pilot and field-wide EOR projects. • Use practical procedures to build and characterize geologic models, and conduct reservoir simulation • Develop reservoir management strategies based on practical principles Throughout, Dr. Ezekwe combines thorough coverage of analytical calculations and reservoir modeling as powerful tools that can be applied together on most reservoir analyses. Each topic is presented concisely and is supported with copious examples and references. The result is an ideal handbook for practicing engineers, scientists, and managers—and a complete textbook for petroleum engineering students.
Technology & EngineeringPosted on

Petroleum Reservoir Management

This is the only book to exclusively address petroleum reservoir management based on actual field development experience.

Author: Ashok Pathak

Publisher: CRC Press

ISBN: 1000429318

Category: Technology & Engineering

Page: 442

View: 947

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Petroleum reservoir management considerations and practices are deeply rooted in the optimization of development objectives, requisite investments, operational costs, and philosophy in addition to the dynamics of timely decision-making. Petroleum Reservoir Management: Considerations and Practices highlights the key reservoir management topics and issues that engage the attention of exploration and production companies over the life cycle of an oilfield. This is the only book to exclusively address petroleum reservoir management based on actual field development experience. It emphasizes the role of good project management, the value of a quantitative assessment of reservoir health, the importance of using good practices, and the need for true collaboration among various team players to maximize the benefits. The book expands the scope of reservoir management from field operations to boardroom discussions about capital financing to product pricing criteria, mechanisms, and strategies. FEATURES Reviews subsurface and surface management issues Discusses project and price management factors critical to the oil industry Describes macromanagement issues covering the reservoir life cycle from production to pricing Includes the role and significance of teamwork, open communication, and synergy in reservoir management This book is aimed at professionals and graduate students in petroleum and reservoir engineering, oil and gas companies, and environmental engineering.
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Advanced Reservoir Management and Engineering

This is followed by a frank discussion of advanced evaluation approaches such as integration of decision analysis and professional ethics.

Author: Tarek Ahmed, PhD, PE

Publisher: Gulf Professional Publishing

ISBN: 0123855497

Category: Science

Page: 712

View: 964

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Reservoir management is concerned with the geoscience and reservoir/production engineering required to plan and optimize the development of discovered or producing oil and gas assets. One of the only books to cover both management and engineering issues, Advanced Reservoir Management and Engineering is redesigned to be the only book you need throughout your career. Written by two of the industry's best-known and well respected reservoir engineers and managers, this new edition offers readers a complete guide for formulating workflow solutions on a day to day bases. Authoritative in its approach, the book begins with the theory and practice of transient flow analysis and offers a brief but thorough hands-on guide to gas and oil well testing. Chapter two documents water influx models and their practical applications in conducting comprehensive field studies, widely used throughout the industry. Essential topics such as Type-Curve Analysis, unconventional gas reservoirs, and gas hydrates are also covered. The book moves on to provide a clear exposition of key economic and financial management methods for evaluation criteria and cash flow analysis, analysis of fixed capital investments and advanced evaluation approaches. This is followed by a frank discussion of advanced evaluation approaches such as integration of decision analysis and professional ethics. Readers will find the website a valuable guide for enhancing their understanding of different techniques used for predicting reservoir performance and cost. The website will also include information such as properties, tables and simple calculations. This combination book and website arrangement will prove particularly useful to new professionals interested in increasing their skills or more experienced professional wishing to increase their knowledge of current industry best practices. The 2nd Edition of the book includes 3 new management chapters, representing a 30% increase over the previous edition. The new subjects include step by step approach to cash flow analysis, analysis of fixed capital investments, cash flow consequences, maintenance as well as a detailed approach to managing working capital. This is followed by a clear exposition of advanced evaluation approaches such as integration of decision analysis and economic evaluation and professional ethics. Maximize cash flow, subject to capital and operating budget Deliver new high-quality investment opportunities to management Effectively manage the development of oil and gas assets Maximize the benefit to the legitimate stakeholders
Technology & EngineeringPosted on

Integrated Petroleum Reservoir Management

This text presents the fundamentals of integrated reservoir management practice, including the technical and management perspectives. Several actual examples and case studies are included for illustrative purposes.

Author: Abdus Satter

Publisher: Pennwell Corporation

ISBN: 9780878144082

Category: Technology & Engineering

Page: 335

View: 711

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This text presents the fundamentals of integrated reservoir management practice, including the technical and management perspectives. Several actual examples and case studies are included for illustrative purposes.
SciencePosted on

Principles of Petroleum Reservoir Engineering

SPE Reservoir Eng Feb: 62-68; Trans, AIME 291 Chierici GL (1992) Economically improving oil recovery by advanced reservoir management. J Pet Sci Eng 8: 205–219 Corvi P, Heffer K, King P, Tyson S, Verly G, Ehlig-Economides C, Le Nir I, ...

Author: Gian L. Chierici

Publisher: Springer Science & Business Media

ISBN: 3642782434

Category: Science

Page: 398

View: 545

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Volume 1 of this book dealt with the techniques behind the acquisition, processing and interpretation of basic reservoir data. This second vol ume is devoted to the study, verification and prediction of reservoir behaviour, and methods of increasing productivity and oil recovery. I should like to bring a few points to the reader's attention. Firstly, the treatment of immiscible displacement by the method of characteristics. The advantage of this approach is that it brings into evidence the various physical aspects of the process, especially its dependence on the properties of the fluids concerned, and on the velocity of displacement. It was not until after the publication of the first, Italian, edition of this book (February 1990) that I discovered a similar treatment in the book Enhanced Oil Recovery, by Larry W. Lake, published in 1989. Another topic that I should like to bring to the reader's attention is the forecasting of reservoir behaviour by the method of identified models. This original contribution to reservoir engineering is based on systems theory - a science which should, in my opinion, find far wider applica tion, in view of the "black box" nature of reservoirs and their responses to production processes.
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Integrated Reservoir Asset Management

This is followed by an uncomplicated review of multi-phase fluid flow equations, an overview of the reservoir flow modeling process and fluid displacement concepts.

Author: John Fanchi

Publisher: Gulf Professional Publishing

ISBN: 9780123820891

Category: Technology & Engineering

Page: 376

View: 717

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All too often, senior reservoir managers have found that their junior staff lack an adequate understanding of reservoir management techniques and best practices needed to optimize the development of oil and gas fields. Written by an expert professional/educator, Integrated Reservoir Asset Management introduces the reader to the processes and modeling paradigms needed to develop the skills to increase reservoir output and profitability and decrease guesswork. One of the only references to recognize the technical diversity of modern reservoir management teams, Fanchi seamlessly brings together concepts and terminology, creating an interdisciplinary approach for solving everyday problems. The book starts with an overview of reservoir management, fluids, geological principles used to characterization, and two key reservoir parameters (porosity and permeability). This is followed by an uncomplicated review of multi-phase fluid flow equations, an overview of the reservoir flow modeling process and fluid displacement concepts. All exercises and case studies are based on the authors 30 years of experience and appear at the conclusion of each chapter with hints in addition of full solutions. In addition, the book will be accompanied by a website featuring supplementary case studies and modeling exercises which is supported by an author generated computer program. Straightforward methods for characterizing subsurface environments Effortlessly gain and understanding of rock-fluid interaction relationships An uncomplicated overview of both engineering and scientific processes Exercises at the end of each chapter to demonstrate correct application Modeling tools and additional exercise are included on a companion website