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Reservoir simulation is an area of reservoir engineering in which computer models are used to predict the flow of fluids (typically, oil, water, and gas) through porous media. The creation of models of oil fields and the implementation of calculations of field development on their basis is one of the main areas of activity of engineers and oil ...
Reservoir simulation models are created by reservoir engineers and use finite difference methods to simulate the flow of fluids within the reservoir, over its production lifetime. Sometimes a single "shared earth model" is used for both purposes. More commonly, a geological model is constructed at a relatively high (fine) resolution.
Reservoir engineering is a branch of petroleum engineering that applies scientific principles to the fluid flow through a porous medium during the development and production of oil and gas reservoirs so as to obtain a high economic recovery. The working tools of the reservoir engineer are subsurface geology, applied mathematics, and the basic ...
Reservoir simulation is an area of reservoir engineering in which computer models are used to predict the flow of fluids (typically, oil, water, and gas) through porous media. The amount of oil & gas recoverable from a conventional reservoir is assessed by accurately characterising the static recoverable volumes and history matching that to ...
A reservoir can only be developed and produced once; therefore, making a mistake by selecting a site with poor conditions for development is tragic and wasteful. Using geological models and reservoir simulation allows reservoir engineers to identify which recovery options offer the safest and most economic, efficient, and effective development ...
The black-oil equations are a set of partial differential equations that describe fluid flow in a petroleum reservoir, constituting the mathematical framework for a black-oil reservoir simulator. [1] The term black-oil refers to the fluid model, in which water is modeled explicitly together with two hydrocarbon components, one (pseudo) oil ...
A stochastic simulation is a simulation of a system that has variables that can change stochastically (randomly) with individual probabilities. [1] Realizations of these random variables are generated and inserted into a model of the system. Outputs of the model are recorded, and then the process is repeated with a new set of random values.
The Petrel 2007.1 release expands the application's seismic-to-simulation scope with greater capabilities for exploration workflows. Petrel software now handles larger-scale seismic surveys and regional scale 2D lines. Fracture modeling and dual porosity capabilities support carbonates and unconventional gas workflows.