What is a Reservoir Simulation?
A Reservoir Simulation is a mathematical model used to forecast the production from a reservoir. We use it primarily to determine the viability of waterflood projects, but it has many other uses. Gas Fields – We recently modeled a gas field to determine the viability of installing a gas processing plant. Without the simulator it would be difficult to forecast the production with any sort of confidence. It also allowed us to choose the optimum locations for infill drilling. We were able to differentiate between rate acceleration and new reserves. Oil Fields – In addition to waterflood studies, the simulator is an excellent tool for determining development locations. Too often fields are overdeveloped because of lack of analysis. A reservoir simulation is a cheap way to ask “what happens if I drill here”.
