SPE Reservoir Evaluation & Engineering最新文献

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The Best Scenario for Geostatistical Modeling of Porosity in the Sarvak Reservoir in an Iranian Oil Field, Using Electrofacies, Seismic Facies, and Seismic Attributes 利用电相、地震相和地震属性对伊朗某油田Sarvak油藏孔隙度进行地质统计建模的最佳方案
IF 2.1 4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-07-01 DOI: 10.2118/217428-pa
V. Mehdipour, A. Rabbani, A. Kadkhodaie
{"title":"The Best Scenario for Geostatistical Modeling of Porosity in the Sarvak Reservoir in an Iranian Oil Field, Using Electrofacies, Seismic Facies, and Seismic Attributes","authors":"V. Mehdipour, A. Rabbani, A. Kadkhodaie","doi":"10.2118/217428-pa","DOIUrl":"https://doi.org/10.2118/217428-pa","url":null,"abstract":"\u0000 The lateral and vertical variations in porosity significantly impact the reservoir quality and the volumetric calculations in heterogeneous reservoirs. With a case study from Iran’s Zagros Basin Sarvak reservoir in the Dezful Embayment, this paper aims to demonstrate an efficient methodology for distributing porosity. Four facies models (based on electrofacies analysis data and seismic facies) with different geostatistical algorithms were used to examine the effect of different facies types on porosity propagation. Both deterministic and stochastic methods are adopted to check the impact of geostatistical algorithms on porosity modeling in the static model. A total of 40 scenarios were run and validated for porosity distribution through a blind test procedure to check the reliability of the models. The study’s findings revealed high correlation values in the blind test data for all porosity realizations linked to seismic facies, ranging from 0.778 to 0.876. In addition, co-kriging to acoustic impedance (AI), as a secondary variable, increases the correlation coefficient in all related cases. Unlike deterministic algorithms, using stochastic methods reduces the uncertainty and causes the porosity model to have an identical histogram compared with the original data. This study introduced a comprehensive workflow for porosity distribution in the studied carbonate Sarvak reservoir, considering the electrofacies, and seismic facies, and applying different geostatistical algorithms. As a result, based on this workflow, simultaneously linking the porosity distribution to seismic facies, co-kriging to AI, and applying the sequential Gaussian simulation (SGS) algorithm result in the best spatial modeling of porosity.","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82141910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Azimuthal Prestack Seismic Anisotropic Inversion on a Deep and Tight Carbonate Reservoir From the North Potwar Basin of Pakistan 巴基斯坦北部Potwar盆地深致密碳酸盐岩储层叠前地震方位各向异性反演
IF 2.1 4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-07-01 DOI: 10.2118/215851-pa
M. Durrani, Syed Atif Rahman, M. Talib, G. Subhani, Bakhtawer Sarosh
{"title":"Azimuthal Prestack Seismic Anisotropic Inversion on a Deep and Tight Carbonate Reservoir From the North Potwar Basin of Pakistan","authors":"M. Durrani, Syed Atif Rahman, M. Talib, G. Subhani, Bakhtawer Sarosh","doi":"10.2118/215851-pa","DOIUrl":"https://doi.org/10.2118/215851-pa","url":null,"abstract":"\u0000 Quantitative characterization of deep, tight, and heterogeneous reservoirs plays an important role in identifying hydrocarbon pathways for effective and optimal reservoir field development. In this case study, we used an azimuthal prestack seismic anisotropic inversion approach to estimate attributes of horizontal transverse isotropy (HTI) caused by a set of vertical fractures, oriented cracks, and stress. Anisotropic inversion facilitated the conversion of interface properties to the corresponding layer-based properties, which led to the quantitative interpretation of reservoir properties related to azimuthal variation in seismic amplitudes. To estimate the anisotropy magnitude and the direction of the isotropy axis in HTI media, elastic properties (P-impedance and Vp/Vs) obtained from prestack seismic inversion (using six azimuth × four angle stack) served as inputs. The isotropic low-frequency model (LFM) is used as the foundation of the inversion for all azimuths, and the anisotropy effects are later added by updating the model along the azimuths. The direction of the isotropy plane resulting from the anisotropic inversion is determined by using the maximum horizontal stress as a prior constraint, which eliminates any inherent uncertainty. The workflow used effectively characterized the orientation and density of fractures from the recently discovered oilfield reservoirs of the Paleocene (Lockhart) formation located in Pakistan’s north Potwar Basin. It also helped improve the prediction accuracy for fractures in the study area. According to the observations (fractures) from the exploratory drilled well (D1) in the tight carbonate (Lockhart) reservoir, a significant amount of anisotropy magnitude is observed. This provides the basis for hydrocarbon exploration, field development, and reliable drilling decisions.","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78375471","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Determination of Concentration-Dependent Effective Diffusivity of Each Gas Component of a Binary Mixture in Porous Media Saturated with Heavy Oil under Reservoir Conditions 稠油饱和多孔介质中二元混合物中各气体组分在油藏条件下随浓度变化的有效扩散系数测定
IF 2.1 4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-07-01 DOI: 10.2118/215832-pa
Wenyu Zhao, Hyun Woong Jang, Daoyong Yang
{"title":"Determination of Concentration-Dependent Effective Diffusivity of Each Gas Component of a Binary Mixture in Porous Media Saturated with Heavy Oil under Reservoir Conditions","authors":"Wenyu Zhao, Hyun Woong Jang, Daoyong Yang","doi":"10.2118/215832-pa","DOIUrl":"https://doi.org/10.2118/215832-pa","url":null,"abstract":"\u0000 One frequently used enhanced heavy oil recovery technique is gas injection, during which heavy oil viscosity is reduced due to diffusion of gaseous components and heavy oil swelling in porous media. Effective diffusivities of gas components are generally assumed to be constants, while no attempts have been made to determine both the concentration-dependent effective diffusivity in porous media saturated with heavy oil and the preferential contribution of each component in a binary/ternary gas mixture. In this study, a pragmatic and robust technique has been proposed to determine the concentration-dependent effective diffusivity of each gas component by reproducing the experimental measurements during pressure decay tests for CO2-C3H8-heavy oil systems in porous media. Experimentally, CO2 and C3H8 are utilized to diffuse into sandpacks fully saturated with heavy oil. Under a constant temperature within a thermostatic chamber, the pressures of the aforementioned gas(es)-heavy oil systems are consistently tracked and saved while gas samples are taken at the start and end of the diffusion tests for gas chromatography analyses. Theoretically, a mass transfer model is formulated to determine effective gas diffusivity in heavy oil as a concentration-dependent function by incorporating Fick’s second law and the modified Peng-Robinson equation of state (PR EOS). The concentration-dependent effective diffusivity for each gas component is ascertained when the measured pressure profiles and gas compositions are matched well to their correspondingly calculated values with minimum deviations. Compared to either a constant assumption or a linear concentration-dependent relation with respect to diffusivity, an exponential concentration-dependent relation leads to more accurately reproducing the measured pressure profiles. Compared with pure CO2, its effective diffusivity in a binary (i.e., CO2 and C3H8) gas system is found to be larger, indicating that C3H8 accelerates the CO2 mass transfer into heavy oil under the same circumstances. Furthermore, this study confirms that a larger tortuosity of a porous medium leads to a longer diffusion path with less contact between gas and liquid phases and that a lower concentration of a gaseous component yields a lower effective diffusivity.","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89482789","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Experimental Evaluation of Blends Containing Lineal Alkylbenzene Sulfonates for Surfactant Flooding in Carbonate Reservoirs 含直线型烷基苯磺酸盐共混物对碳酸盐岩表面活性剂驱油效果的实验评价
4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-06-09 DOI: 10.2118/215828-pa
A. Somoza, B. Rodríguez-Cabo, I. Barrio, M. F. García-Mayoral, A. Soto
{"title":"Experimental Evaluation of Blends Containing Lineal Alkylbenzene Sulfonates for Surfactant Flooding in Carbonate Reservoirs","authors":"A. Somoza, B. Rodríguez-Cabo, I. Barrio, M. F. García-Mayoral, A. Soto","doi":"10.2118/215828-pa","DOIUrl":"https://doi.org/10.2118/215828-pa","url":null,"abstract":"Summary About one-half of the proven conventional oil reserves are in carbonate reservoirs. However, conducting surfactant flooding in these reservoirs presents several challenges, including formation heterogeneities, surfactant retention, high temperature and salinity, and oil-wet/mixed-wet conditions. Linear alkylbenzene sulfonates (LASs) are low-cost anionic surfactants that tend to precipitate in high-salinity environments and show high adsorption values in carbonate material. In this paper, the possibility of using petrochemical LASs of different alkyl chain lengths and isomer content to extract oil from carbonate reservoirs was tested using blends with the ionic liquid cocosalkylpentaethoximethylammonium methylsulfate (C1EG). Phase behavior, stability in the presence of divalent ions, and interfacial tension (IFT) measurements were the criteria used to design several optimal formulations containing 36–45% LASs. The structure-performance relationship was further assessed via static adsorption and wettability tests. LASs enriched in isomers with the benzenesulfonic group in external positions of the alkyl chain resulted in lower IFT but significantly higher adsorption, so those surfactants were discarded for the application. Additional oil recoveries achieved with tested formulations ranged from 36.7% to 43.5% of the residual oil in place. The longer the alkyl chain length, the higher the oil recovery. The main mechanism associated with improved oil recovery is IFT reduction. The use of a cost-effective ionic liquid derived from natural raw materials, the stability of the blends, the low adsorption of the chemical, and a significant oil recovery ensure the overall feasibility of the proposal.","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135101222","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Real-Time Rock-Properties Estimation for Geosteering: Statistical Rock-Physics-Driven Inversion of Seismic Acoustic Impedance and LWD Ultradeep Azimuthal Resistivity 地质导向的实时岩石性质估计:统计岩石物理驱动的地震声阻抗和随钻超深方位电阻率反演
IF 2.1 4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-06-01 DOI: 10.2118/214407-pa
F. Ciabarri, C. Tarchiani, Gioele Alberelli, F. Chinellato, M. Mele, Junio Alfonso Marini, M. Nickel, H. Borgos, G. Dahl
{"title":"Real-Time Rock-Properties Estimation for Geosteering: Statistical Rock-Physics-Driven Inversion of Seismic Acoustic Impedance and LWD Ultradeep Azimuthal Resistivity","authors":"F. Ciabarri, C. Tarchiani, Gioele Alberelli, F. Chinellato, M. Mele, Junio Alfonso Marini, M. Nickel, H. Borgos, G. Dahl","doi":"10.2118/214407-pa","DOIUrl":"https://doi.org/10.2118/214407-pa","url":null,"abstract":"\u0000 This work describes a statistical rock-physics-driven inversion of seismic acoustic impedance (AI) and ultradeep azimuthal resistivity (UDAR) log data, acquired while drilling, to estimate porosity, water saturation, and facies classes around the wellbore. Despite their limited resolution, seismic data integrated with electromagnetic resistivity log measurements improve the description of rock properties by considering the coupled effects of pore space and fluid saturation in the joint acoustic and electrical domains.\u0000 The proposed inversion does not explicitly use a forward model, rather the correlation between the petrophysical properties and the resulting geophysical responses is inferred probabilistically from a training data set. The training set is generated by combining available borehole information with a statistical rock-physics modeling approach. In the inversion process, given colocated measurements of seismic AI and logging-while-drilling (LWD) electromagnetic resistivity data, the pointwise probability distribution of rock properties is derived directly from the training data set by applying the kernel density estimation (KDE) algorithm. A nonparametric statistical approach is used to approximate nonsymmetric volumetric distributions of petrophysical properties and to consider the characteristic nonlinear relationship linking water saturation with resistivity. Given an a priori facies classification template for the samples in the training set, it is possible to model the multimodal, facies-dependent behavior of the petrophysical properties, together with their distinctive correlation patterns. A facies-dependent parameterization allows the effect of lithology on acoustic and resistivity responses to be implicitly considered, even though the target properties of inversion are only porosity and saturation.\u0000 To provide a realistic uncertainty quantification of the estimated rock properties, a plain Bayesian framework is described to account for rock-physics modeling error and to propagate seismic and resistivity data uncertainties to the inversion results. In this respect, the uncertainty related to the scale difference among the well-log data and seismic is addressed by adopting a scale reconciliation strategy. The main feature of the described inversion lies in its fast implementation based on a look-up table that allows rock properties, with their associated uncertainty, to be estimated in real time following the acquisition and inversion of UDAR data. This gives a robust, straightforward, and fast approach that can be effortlessly integrated into existing workflows to support geosteering operations.\u0000 The inversion is validated on a clastic oil-bearing reservoir, where geosteering was used to guide the placement of a horizontal appraisal well in a complex structural setting. The results show that the proposed methodology provides realistic estimates of the rock-property distributions around the wellbore to depths of investigation","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73673236","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
A Novel 2.5D Deep Network Inversion of Gravity Anomalies to Estimate Basement Topography 一种新的2.5维重力异常深度网络反演方法估算基底地形
IF 2.1 4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-06-01 DOI: 10.2118/211800-pa
Zahra Ashena, Hojjat Kabirzadeh, J. W. Kim, Xin Wang, Mohammed Ali
{"title":"A Novel 2.5D Deep Network Inversion of Gravity Anomalies to Estimate Basement Topography","authors":"Zahra Ashena, Hojjat Kabirzadeh, J. W. Kim, Xin Wang, Mohammed Ali","doi":"10.2118/211800-pa","DOIUrl":"https://doi.org/10.2118/211800-pa","url":null,"abstract":"\u0000 A novel 2.5D intelligent gravity inversion technique has been developed to estimate basement topography. A deep neural network (DNN) is used to address the fundamental nonuniqueness and nonlinearity flaws of geophysical inversions. The training data set is simulated by adopting a new technique. Using parallel computing algorithms, thousands of forward models of the subsurface with their corresponding gravity anomalies are simulated in a few minutes. Each forward model randomly selects the values of its parameter from a set of predefined ranges based on the geological and structural characteristics of the target area. A DNN model is trained based on the simulated data set to conduct the nonlinear inverse mapping of gravity anomalies to basement topography in offshore Abu Dhabi, United Arab Emirates. The performance of the trained model is assessed by making predictions on noise-free and noise-contaminated gravity data. Eventually, the DNN inversion model is used to estimate the basement topography using pseudogravity anomalies. The results show the depth of the basement is between 7.4 km and 9.3 km over the Ghasha hydrocarbon reservoir. This paper is the 2.5D and improved version of the research (SPE-211800-MS) recently presented and published in the Abu Dhabi International Petroleum Exhibition & Conference (31 October–3 November 2022) proceedings.","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81711103","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
A Practical and Innovative Workflow to Support the Numerical Simulation of CO2 Storage in Large Field-Scale Models 一个实用的和创新的工作流程,以支持二氧化碳储存的数值模拟在大型现场尺度模型
IF 2.1 4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-06-01 DOI: 10.2118/215838-pa
Marcos Vitor Barbosa Machado, M. Delshad, K. Sepehrnoori
{"title":"A Practical and Innovative Workflow to Support the Numerical Simulation of CO2 Storage in Large Field-Scale Models","authors":"Marcos Vitor Barbosa Machado, M. Delshad, K. Sepehrnoori","doi":"10.2118/215838-pa","DOIUrl":"https://doi.org/10.2118/215838-pa","url":null,"abstract":"\u0000 Numerical simulation of the CO2 storage process in porous media, such as in hydrocarbon (gas or oil) depleted reservoirs and in saline aquifers, has been the most indicated tool due to its ability to represent CO2 capacity and the different trapping mechanisms that retain CO2 in the subsurface. Given the complexity of the physicochemical phenomena involved, the modeling needs to incorporate multiphase flow, complex representation of fluids, rock, and rock-fluid interaction properties. These include CO2 reactions with aqueous species and with reservoir rock minerals, in addition to the structural and stratigraphic aspects of the reservoir heterogeneity. These phenomena need to be represented on suitable temporal and spatial scales for accurate predictions of their impacts. Currently, many studies are focused on simulating submodels or sectors of the reservoir, where using finer grids is still practical. This level of grid refinement can be prohibitive, in terms of simulation times, for modeling the entire reservoir. To address this challenge, we propose a new and practical workflow to simulate CO2 storage projects in large field-scale models. When the proposed workflow is applied in both synthetic and real field cases, simulation time is reduced by up to 96% compared to that of the fine-grid model, preserving the same results in representing the aforementioned mechanisms. The workflow is based on classical and standard approaches to handle the high simulation time, but in this study, they are structured and sequenced in three steps. The first one considers the most relevant mechanisms for CO2 storage, ranked from a high-resolution sector model. With the mechanisms prioritized in the previous step, a single-phase upscaling of petrophysical properties can be applied in the field-scale model, followed by adopting a grid with dynamic sizing. The proposed methodology is applied to saline aquifer models in this study, but it can be extended for storage in depleted hydrocarbon reservoirs.","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":2.1,"publicationDate":"2023-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78746613","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Special Connections for Representing Multiscale Heterogeneities in Reservoir Simulation 储层模拟中多尺度非均质性表征的特殊联系
4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-05-18 DOI: 10.2118/200572-pa
Manuel Gomes Correia, Gonçalo Oliveira, Denis José Schiozer
{"title":"Special Connections for Representing Multiscale Heterogeneities in Reservoir Simulation","authors":"Manuel Gomes Correia, Gonçalo Oliveira, Denis José Schiozer","doi":"10.2118/200572-pa","DOIUrl":"https://doi.org/10.2118/200572-pa","url":null,"abstract":"Summary The significant quantities of oil contained in fractured karst reservoirs in Brazilian presalt fields add new challenges to the development of upscaling procedures to reduce time on numerical simulations. This work aims to represent multiscale heterogeneities in reservoir simulators based on special connections between matrix, karst, and fracture mediums, both modeled in different grid domains within a single porosity flow model. The objective of this representation is to strike a good balance between accuracy and simulation time. Therefore, this work extends the approach of special connections developed by Correia et al. (2019) to integrate both karst and fracture mediums modeled in different grid domains and block scales. The transmissibility calculation between the three domains is a combination of the conventional formulation based on two-point flux approximation schemes and the matrix-fracture fluid transfer formulation. The flow inside each domain is governed by Darcy’s equation and implicitly solved by the simulator. For proper validation and numerical verification, we applied the methodology to a simple case (two-phase and three-phase flow) and a real case (two-phase flow). For the simple case, the reference model is a refined grid model with (1) an arrangement of large conduits (karsts), which are poorly connected; (2) a well-connected and orthogonal system of fractures; and (3) a background medium (matrix). The real case is a section of a Brazilian presalt field, characterized as a naturally fractured carbonate reservoir. The reference is the geological model. The simulation model consists of a structural model with different gridblock sizes according to the scale of the heterogeneities—small-scale karst geometries, medium-scale matrix properties, and larger-scale fracture features—interconnected by special connections. The results for both cases show a significant performance improvement regarding a dynamic matching response with the reference model, within a suitable simulation time and maintaining the dynamic resolution according to the representative elementary volume of heterogeneities, without using an unstructured grid. In comparison to the reference model, for the simple case and the real case, the simulation time was reduced by 42% and 87%, respectively. The proposed method contributes to a multiscale flow simulation solution to manage heterogeneous geological scenarios using structured grids while preserving the high resolution of small-scale heterogeneities and providing a good relationship between accuracy and simulation time.","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135718162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Proved Reserves Revisions: How Reliable Are They? 探明储量修正:有多可靠?
4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-05-15 DOI: 10.2118/210476-pa
Enrique Morales, John Lee
{"title":"Proved Reserves Revisions: How Reliable Are They?","authors":"Enrique Morales, John Lee","doi":"10.2118/210476-pa","DOIUrl":"https://doi.org/10.2118/210476-pa","url":null,"abstract":"Summary This paper incorporates the findings of our previous publication (Morales and Lee 2022) and identifies, isolates, and quantifies elements in the annually disclosed proved reserves revisions that should not be considered technical or economic revisions. This has resulted in significantly different technical and economic revisions compared to those simplistically and directly derived using a common interpretation of the Financial Accounting Standards Board (FASB) Topic 932-235-50-5 (a) definition. We have assessed the reliability and comparability of the updated technical revisions when used to judge the reasonable certainty of the underlying proved reserves. We have carried out the analysis separating the proved reserves into developed and undeveloped. To derive a realistic data set to generate the updated technical and economic revisions, we reviewed more than 1,000 annual reports (10K and 20F Forms) and more than 600 comment letters from 141 companies filing annual reports to the Securities and Exchange Commission (SEC) during the period 2010–2020, extracting the information related to annual reserves changes and explicitly focusing on the disclosed revisions of previous estimates (RPE). We present evidence showing that the approach followed is robust and more reliable than the simple approach where technical revisions are estimated by simply subtracting the disclosed revisions due to price effects from the disclosed revisions in annual reports. The root causes for the significant differences between the simplistic approach and the one presented in this paper are mainly due to (1) including annual reserves changes due to nontechnical or economic factors as technical revisions, (2) using different interpretations of SEC and FASB regulations, and (3) not providing critical disaggregation information needed to estimate technical, economic, or other types of revisions correctly. Without proper consideration of these issues, the derived technical and economic revisions from disclosed data can be significantly distorted, affecting any conclusions derived. The annual average changes in technical revisions during a representative period, if correctly estimated, can provide an indication of both overstated and understated certainty of proved reserves estimates, which can impact a company’s relative valuation, asset impairment, internal depreciation, profit/loss, standardized measure, unit development costs, and other indicators based on proved reserves, making the reliability of the technical revisions and their actual upward or downward movements of paramount importance. We also highlight the significant different root causes driving the major differences between developed and undeveloped reserves in their annual technical revisions. The results indicate that for some companies that provide most of the information required for proper analysis, the certainty level of their disclosed developed and undeveloped proved reserves points toward an appar","PeriodicalId":22066,"journal":{"name":"SPE Reservoir Evaluation & Engineering","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134989164","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
RTA-Assisted Numerical History-Matching Workflow rta辅助的数值历史匹配工作流
IF 2.1 4区 工程技术
SPE Reservoir Evaluation & Engineering Pub Date : 2023-05-01 DOI: 10.2118/210224-pa
H. Hamdi, C. Clarkson, A. Ghanizadeh
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