For a better investment decisions about field development the reservoir simulation studies are very necessary. It helps you devise development or operational strategies to maximize hydrocarbon recovery and profit.
Develop behind-pipe reserves, identify infill drilling opportunities, optimize a pressure maintenance program or determine efficient well spacing are main objectives and goals. in addition to other goals, such as evaluating changes to processing facilities or improving gas-storage operations. Whatever the case, reviewing model runs leads to better decisions by helping predict complex reservoir behavior and field performance under various drilling and operating scenarios.
The Simulation Tool
A reservoir simulation model is a tool that helps E&P companies make informed business decisions regarding oil and gas reserves estimates, reservoir management, reservoir performance, process design and strategic planning. Nearly every type of field-production scenario can be modeled. Ryder Scott constructs and executes models to predict the performance of straight, horizontal and directional wells, well patterns, sectors of fields, entire fields and wellbore tubulars linked to the surface. No other tool can capture the many facets of reservoir behavior affected by heterogeneity, well interference, material balance and wellbore dynamics.
HCS examines major field assets for proper deployment of numerical simulation techniques. Through scoping studies, the firm reviews portfolios to determine where simulation is essential for future development or divestiture. Ryder Scott also recommends and uses other evaluation techniques in cases where simulation may not be a logical, cost-efficient tool of choice. For existing or proposed projects, the firm conducts reviews to prioritize technical expenditures to ensure maximum benefit and return on assets.
HCS reservoir models avoid over-development and over-drilling. They put their projects on the fast track, capture more reserves per well, increase field efficiency, boost ultimate recoveries and improve overall economics.
Single-well quick-look models
Integrated full-field studies
Black oil and compositional formulations
Detailed geological models for complex fault systems
Geostatistically derived petrophysical descriptions
Simulation-driven reserves determination processes