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ANALISIS
Introduction
Meaning of Reserves:
- Differs according to people
SPE Definition:
those quantities of petroleum which are anticipated to
be commercially recovered & marketable from
known accumulations from a given date forward.
Problems:
- When u start producing, unsteady state
- Need long time to produce reliable data
- Whole basis: Predict life of reservoir
- We need at least 1 year of data for
the life of reservoir
extrapolating
Classification of Reserves
Developed
Proven
Reserves
Undevelop
ed
Probable
Unproven
Possible
Categories of Reserves
1. Developed reserves
2. Producing reserves
3. Non-Producing reserves
4. Undeveloped reserves
1. Undrilled wells
2. Deepening of existing wells to diff reservoir
3. Large expenditure required
Analogy
Decline
Curve
Analysis
Model
Study /
Reservoi
r
Estimati
on
Method
of
Reserve
Estimati
on
Volumetri
c
Calculati
on
Material
Balance
Equatio
n
Purpose is to :
generate a forecast of future production rates,
forecast of well lifespan,
to determine the expected ultimate recoverable
reserves.
ncreases, the
This plot is useful in cases where we know the expected total gas to
be produced
Oil Reserve corresponds to the cut-off point of expected Gp.
Economic limit
When a well loses money if production continues
Extrapolate each trend to its cut off point
Determine the number of years will produce profitably
Exponent
ial
Decline
Hyperbol
ic
Decline
Declin
e
Curve
Analys
is
Harmoni
c Decline
DETERMINATION !!
Assumptions
Success !!
Where:
Qt = production rate at time t, stb/day
Qi = initial production rate stb/day
t = time, days
Di = initial decline rate, day 1
b = Arps decline-curve exponent
3. Harmonic