Conventional Reservoirs
Making effective business development decisions in conventional reservoirs can be complicated by three main factors: technical knowledge, market conditions and the reservoir itself. These factors make accurate reservoir modeling a challenge. Using existing traditional simulation methods and processes to get usable answers often takes too long and requires too much production data and history to support the fast and effective decision making necessary to effectively exploit a reservoir in today’s global market.
Object Reservoir and our team of expert engineers will work with your asset team to develop a customized solution to maximize the monetization of your assets. Through Object Reservoir’s detailed project management process and unique workflow, OR can confidently determine if your reservoir performance is being affected by completion issues or the reservoir itself.
Object Reservoir begins by collecting and incorporating all available data, which then drives a fully integrated model. OR’s proprietary Resolve™ finite element adaptive mesh allows the modeling of areas of reservoir heterogeneity directly affecting reservoir performance from the reservoir to the sandface. This same technology also enables a simplified workflow that allows OR to start a model simply and accurately, and subsequently provide results more quickly than with traditional tools.
By utilizing our unique workflow and Resolve™ finite element modeling technology, OR provides key results such as:
- Size of the reservoir
- Effective geologic and reservoir complexity impacting well performance to guide the development of your geoearth model
- Determination of the complexity of faults and their impact on flow performance
- Optimal number of wells, and well placement
- Determination of the size and strength of the aquifer. Estimate of the source and the nature of water production – is it aquifer encroachment or water coning?
- Determination of the impact of solution gas drive or primary/secondary gas cap drive
- Detailed skin analysis and determination of the economic viability of workovers
- Complete datasets for economic analysis
With an average project turnaround of six to eight weeks per well, OR has provided over 100 E&P companies globally with the data and guidance to maximize their ultimate recovery and increase the ROI on their conventional reservoir completion decisions.
For more information about Object Reservoir’s services, please contact us.
