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Reservoir Characterization. Capstone Project Semester 1 PNG 490 – Team 26 April 29 th 2014. Goals and Objectives. D iscretize and map the given formations A nalyze log data Calculate expected recoverable oil in place Recommend further action with the field. Findings.
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Reservoir Characterization Capstone Project Semester 1 PNG 490 – Team 26 April 29th 2014
Goals and Objectives • Discretize and map the given formations • Analyze log data • Calculate expected recoverable oil in place • Recommend further action with the field
Findings • Based upon the data: • 100 - 270 Million Barrels • 100 Dollar per Barrel comes out 10 – 27 Billion Dollars • Further develop the selected area
Geological Structure • Penta Alpha was formed in the early cretaceous period • Predict the ability to produce oil • Types of lithology • Limestone , sandstone, and minimal shale deposits • Types of obstacles • Drilling Break, and kick • Pay zone rocks • Sandstone
Discretization Process • Analyzing contour map • Drawing grids • Construct surface map • Surface Map of Penta Alpha Formation
3-D Surface Map Surface Map of Penta Alpha Formation
Evaluating Well logs • Establish cut-offs • Water saturation < .7 or 70% • Gamma ray < 40 API • Resistivity > 10 ohm-meters • Determine Net Pay
Well log data gathering • From porosity, water saturation and net pay thickness • Determine maximum, minimum and average values • Three distribution maps of porosity, water saturation and net pay thickness
Average Porosity Interpolation • Average Porosity Interpolation
Net Pay Interpolation • Net Pay Thickness Interpolation
Monte Carlo Stimulation • Calculate Values within set ranges for: • Recovery Factor of 0.2 to 0.4 • Formation Volume Factor of 1.05 – 1.08 • Calculated OOIP ranged • 375 – 675 million barrels • Calculated recoverable oil • 100 – 270 million barrels
Area of Interest • Determine the areas with higher barrels per acres from recoverable oil in place • P50 stimulation • area of 3643 acres and produce around 34 million barrels. • P90 stimulation • area of 3643 acres and produces around 18.5 million barrels
Conclusion • Valued at approximately 10 – 27 billion US Dollars • A well drilled every 640 acres should be suitable in this situation • Potential revenue should be attributed to a water saturation cut off of 70% • Recommend entering phase two of drilling and preparing wells for production
Reference • Alsharhan, A.S., and A.E.M. Nairn. Sedimentary Basins and Petroleum Geology of the Middle East. N.p.: Elsevier Science & Technology, 1997. Print. • Canty, Daniel. "Enhanced Oil Recovery Leaders in the Middle East." Arabianoilandgas. ITP Bussiness Publishing Ltd., 11 June 2012. Web. 17 Apr. 2014. • Doveton, John H. "Basic Well Log Analysis: Reading Rocks from Wireline Logs." SEPM Shore Course No.29. 7 Apr. 2014. Lecture.