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Local Analog
A nearby non-contiguous reservoir unit with relevant analog properties
Regional Analog
A reservoir within the same basin with relevant analog properties
Global Analog
A reservoir in any location that has relevant analog properties
Reservoir tank unit definition depends on appropriate engineering and geoscience evidence that the reservoir volume contains hydrocarbons which share common physical controls on distribution, contacts and saturation.
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Hydrocarbon saturation
Formation volume factor Rock and fluid compressibility Effective permeability/relative permeability Natural fracture development, density, distribution, orientation, if any
These values are determined at well locations through core, log and formation test.
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When field/reservoir production data becomes available, it can be used as part of an integrated analysis to support the definition of Reservoir/Formation Properties.
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x Recovery Factor
Reserves (commercially recoverable) The volume that can be seen and produced by this well economically
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Effective/Drainage Area
Rinv 4 t 4
Ct
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A production test of sufficient length in an analog reservoir unit. Well logs and core analysis can be used for classifying volumes when the reservoir units can be shown to be analogous to other reservoirs where production has been established Wireline formation testing and measurements together with core, logs and seismic data in the reservoir unit, supported by productivity data from local analogs.
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Economical Limit: well unable to operate economically (oil/gas sales unable to break even)
qab qab t
Operational Limit
Economical Limit
q
Variable Pricing Forecast: economical rate up and down, but generally up (more realistic but hard to forecast) Fixed Pricing Forecast: using year-end price to forecast the lifecycle of well (unrealistic, but easy to practice)
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Variable pricing forecast
qab t
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