Rapid method for oil-field development assessing

Abstract In this paper the simplified way is proposed for predicting the dynamics of liquid production and estimating the parameters of the oil reservoir using diagnostic curves, which are a generalization of analytical approaches, partially compared with the results of calculations on 3D simulation models and with actual well production data.

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Diagnostic Results of Current Distribution Injected Water Flow in the Productive Formation for Neft Dashlary Oilfield

10.2118/207058-ms ◽

2021 ◽

Author(s):

Khidir Mansum Ibragimov ◽

Nahide Ismat Huseinova ◽

Aliabas Alipasha Gadzhiev

Keyword(s):

Current Distribution ◽

Oil And Gas ◽

Experimental Studies ◽

Oil Field ◽

Fluid Distribution ◽

Field Development ◽

Hydrodynamic Parameters ◽

Oil And Gas Fields ◽

Oil Field Development ◽

Gas Fields

Abstract For controlling the oil field development proposed an economically efficient express calculation and visualization method of the hydrodynamic parameters current values distribution in the productive formation. The presented report shows the results of applying this technique for determining the injected water propagation direction into the productive formation (X horizon) at the «Neft Dashlary» field. Based on the calculated results, the current distribution of the injected water was visualized in the selected section of the formation. High accuracy of the calculation was confirmed by comparing obtained results with the results of a simultaneous tracer study conducted in the field conditions. During tracer studies it was tested a new tracer material, more effective than its analogs. According to laboratory and experimental studies, the addition of 0.003% of this indicator substance to the volume of injected water is the optimal amount for its recognition in the well's product. At the allocated area of the "Neft Dashlari" field, the benefits from the use of the calculation method amounted to 62.9 thousand manats. Based on the obtained satisfying results of the new method for calculating hydrodynamic parameters and the use of a tracer indicator application at the «Neft Dashlary» oilfield, it is recommended to apply these developments in other oil and gas fields for mass diagnostic of the reservoir fluid distribution in a selected area of productive formations.

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Reservoirs Regional Stresses Studies Based on Geophysical and Seismic Methods for Oil Field Development Problems Solving

10.3997/2214-4609.202157119 ◽

2021 ◽

Author(s):

A.T. Gabdrahmanov ◽

L.I. Garipova ◽

A.J. Ermoshkin

Keyword(s):

Oil Field ◽

Field Development ◽

Oil Field Development ◽

Seismic Methods ◽

Regional Stresses

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Quantifying Economic Uncertainties and Risks in the Oil and Gas Industry

Recent Applications of Financial Risk Modelling and Portfolio Management - Advances in Finance, Accounting, and Economics ◽

10.4018/978-1-7998-5083-0.ch008 ◽

2021 ◽

pp. 154-184

Author(s):

Sorin Alexandru Gheorghiu ◽

Cătălin Popescu

Keyword(s):

Business Performance ◽

Oil And Gas ◽

Water Injection ◽

Oil And Gas Industry ◽

Oil Field ◽

Gas Industry ◽

Field Development ◽

Drilling Rig ◽

Oil Field Development ◽

Oil Gas

The present economic model is intended to provide an example of how to take into consideration risks and uncertainties in the case of a field that is developed with water injection. The risks and uncertainties are related, on one hand to field operations (drilling time, delays due to drilling problems, rig failures and materials supply, electric submersible pump [ESP] installations failures with the consequences of losing the well), and on the other hand, the second set of uncertainties are related to costs (operational expenditures-OPEX and capital expenditures-CAPEX, daily drilling rig costs), prices (oil, gas, separation, and water injection preparation), production profiles, and discount factor. All the calculations are probabilistic. The authors are intending to provide a comprehensive solution for assessing the business performance of an oil field development.

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