Economical Evaluation of an Oil Field Reservoir

In this study, economical evaluation of an oil field reservoir was performed using software. The software used in this study consists of different sub-programs to determine recoverable oil, recovery factor, initial and final productions, production rates, and original oil and gas in place for different types of reservoirs. Recovery efficiency was found to be 29% for water drive and 4.78% for solution gas drive reservoirs. In decline curve analysis, initial and final production rates were obtained as 40 and 20 bbl/day, respectively. The reserve is estimated as 60,000 bbls with a reserve life of 5.78 years for the field studied.


Feasibility study of heavy oil field
Kök, Mustafa Verşan (Informa UK Limited, 2008-01-01)
In this study, application of different enhanced tertiary oil recovery methods were applied considering fluid properties and reservoir characteristics of the heavy oil field. Effect of different oil and inflation rates were analyzed considering project economic life, pay out time, cash flow, and profit to investment ratio for steam flooding and CO2 methods. CO2 injection is found to be more profitable than the steam injection due to the high cost of steam injection operations and reservoir depth.
Comparative study of PV/PEM fuel cell hybrid energy system based on methanol and water electrolysis
Budak, Yagmur; DEVRİM, YILSER (Elsevier BV, 2019-01-01)
In this study, we investigated the comparative analysis of a solar-fuel cell hybrid system based on water and methanol electrolysis. The proposed system comprises PV, electrolyzer and proton exchange membrane fuel cell (PEMFC). The hybrid system is designed to supply the hydrogen (H-2) needed of the PEMFC system and also to fulfill the H-2 requirement of other applications. The actual data of solar irradiation of Izmir, Turkey are used in the simulation. The methanol and water electrolyzers were designed fo...
Modeling of CO2 storage in an oil reservoir
Gumrah, F.; Dulger, M.; Gunaydin, D.; Senel, O. (Informa UK Limited, 2008-01-01)
This study provides an overview for the carbon dioxide sequestration process in an oil reservoir by using the software CMG's GEM. Different scenarios are applied for the oil reservoir description. Firstly, a single layered reservoir is considered and simulation studies are performed, as this reservoir is homogeneous, heterogeneous and fractured. Secondly, a multi-layered reservoir is examined. In the second case, a heterogeneous system and a heterogeneous system composed of homogenous layers are selected. F...
Application of vapex process for light crude oil
Kök, Mustafa Verşan; Akın, Serhat (Informa UK Limited, 2008-01-01)
The objective of this study is to investigate the applicability of Vapex process on Garzan crude oil. Experiments were performed with Hele-Shaw cell using two different solvents (propane and butane) at three different injection rates (20,40, and 80ml/min). For both Vapex solvents, oil production rates increased with injection rates for Garzan crude oil. Instantaneous asphaltene rate for Garzan oil showed fluctuated performance with propane solvent. Butane showed almost constant degree of asphaltene precipit...
Characterization and Development of Drilling Fluid Type for an Oil Field
Kök, Mustafa Verşan (Informa UK Limited, 2010-01-01)
In this study, different types of drilling fluids are developed and analyzed for a mature oil field. The optimum conditions were developed for shallow and deep formations. The experimental procedure that was followed for viscosity, fluid loss, density, and pH calculations is based on the standards dictated by API RP 13B. At the end of the experiments, it was also observed that for shallow depths, 0.2-0.3 lb of caustic soda will be enough for one barrel of drilling fluid. On the other hand, lignosulphanate t...
Citation Formats
M. V. Kök, “Economical Evaluation of an Oil Field Reservoir,” ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS, pp. 477–481, 2011, Accessed: 00, 2020. [Online]. Available: