Economical Evaluation of an Oil Field Reservoir

Date

2011-01-01

Author

Kök, Mustafa Verşan

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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.

Subject Keywords

Fuel Technology, Renewable Energy, Sustainability and the Environment, Energy Engineering and Power Technology, Nuclear Energy and Engineering

URI

https://hdl.handle.net/11511/46574

Journal

ENERGY SOURCES PART A-RECOVERY UTILIZATION AND ENVIRONMENTAL EFFECTS

DOI

https://doi.org/10.1080/15567030902937267

Collections

Department of Petroleum and Natural Gas Engineering, Article

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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: https://hdl.handle.net/11511/46574.