Decision support method for oil reservoir management in the...

Data processing: structural design – modeling – simulation – and em – Simulating nonelectrical device or system – Fluid

Reexamination Certificate

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Reexamination Certificate

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07430501

ABSTRACT:
The method of the invention is applicable to oil production to obtain the impact of technical and economic uncertainties on the economic profitability of a reservoir and/or to optimize the position of a new well in order to meet a development strategy. The invention includes in stage 1, uncertain technical parameters having an influence on the reservoir production are selected; in stage 2, an analytic model expressing the reservoir production in the course of time is determined as a function of the parameters selected in stage 1, from production values obtained by means of a flow simulator; and in stage 3, a model expressing the economic profitability of the reservoir is determined as a function of the technical and economic parameters, from the analytic model determined in stage 2.

REFERENCES:
patent: 6612382 (2003-09-01), King
patent: 7054752 (2006-05-01), Zabalza-Mezghani et al.
patent: 2002/0138241 (2002-09-01), Storm et al.
Dejean et al., Oct. 3-6, 1999, SPE Annual Technical Conference and Exhibition, Managing Uncertainties on Production Predictions Using Intetrated Statistical Methods. pp. 1-15.
Floris et al., “Integrated Scenario and Probabilistic Analysis for Asset Decision Support”, Petroleum Statistical Geoscience, vol. 8., 2002, pp. 1-6.

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