Scribd Logo
Upload

Welcome to Scribd!

  • Presentation Simres

    Uploaded by

    Onesiforus Tappang
    14 views14 pages
    The document outlines a plan for reservoir development from 2016-2036. It includes details on the reservoir properties, aquifer modeling, proposed well locations, and evaluation of different development scenarios. Scenario modeling shows that 5 well development (Case 5) results in the highest recovery factor and net present value, recovering 59.1% of the original oil in place. An economic analysis estimates the project would have an internal rate of return of 89% and payback period of 4 years.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document outlines a plan for reservoir development from 2016-2036. It includes details on the reservoir properties, aquifer modeling, proposed well locations, and evaluation of different development scenarios. Scenario modeling shows that 5 well development (Case 5) results in the highest recovery factor and net present value, recovering 59.1% of the original oil in place. An economic analysis estimates the project would have an internal rate of return of 89% and payback period of 4 years.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    14 views14 pages

    Presentation Simres

    Uploaded by

    Onesiforus Tappang
    The document outlines a plan for reservoir development from 2016-2036. It includes details on the reservoir properties, aquifer modeling, proposed well locations, and evaluation of different development scenarios. Scenario modeling shows that 5 well development (Case 5) results in the highest recovery factor and net present value, recovering 59.1% of the original oil in place. An economic analysis estimates the project would have an internal rate of return of 89% and payback period of 4 years.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 14

    PLAN OF

    DEVELOPMENT “
    Model of
    Reservoir

    Conclusion Well

    OUTLINE

    Economy Case

    Result
    RESERVOIR MODEL

    Field Development 2016-2036


    Length 2000ft, Width 2000ft, Thickness
    200ft
    Top reservoir @6000ft
    Bottom Reservoir @6200ft
    GOC @6000ft WOC @6150ft

    Initial Pressure : 2500 psi


    Oil gravity : 35 API
    Type Fluid : Heavy oil + gas
    Litology : Consolidated sandstone
    AQUIFER

    Aquifer fetkovich
    Bottom drive
    WELL

    Maldiv1 Mekk2 Praha3 Home5


    Etihad4
    01-01- 01-03- 01-06- 01-12-
    01-09-
    2016 2016 2016 2016
    2016
    X=1220 X=676 X=261 X=459
    X=1348
    Y=1322 Y=291 Y=961 Y=1814
    Y=488
    Base Case

    Case 6
    Case
    Case 3

    Case 5
    FOIP & FOPT FWCT

    OOIP 12693783 STB


    FGPR, FWPR & FOPR

    1 sumur produksi Np = 4696700 STB


    BASE CASE WCT = 0.578 RF = 37%
    FOIP & FOPT FWCT

    FGPR, FWPR & FOPR

    Well RF
    Maldi 16.8%
    v
    Mekk 17.3%
    Praha 16.6%
    CASE 6 3 Sumur Produksi Np = 6435137 STB
    WCT = 0.77 RF = 50.7%
    FWCT FGPR, FWPR & FOPR

    FOIP & FOPT

    Well RF
    Maldi 14.5%
    v
    Mekk 13.8%
    Praha 15.7%
    CASE 3 4 Sumur Produksi Np= 7392935 STB
    WCT = 0.93 RF = 58.2% Etihad 14.2%
    FOIP & FOPT FWCT

    FGPR, FWPR & FOPR

    Well RF
    Maldi 12.3
    v
    Mekk 11.7
    Praha 11.7
    Etihad 10.9
    CASE
    CASE 55 5 Sumur Produksi Np = 7505369 STB
    WCT = 0.93 RF = 59.1% Home 12.5
    RESULT
    FOPT
    FWCT
    Case RF Water Well
    cut
    Base case 37% 57% 1
    Case 6 50.7% 77% 3
    Case 3 58.2% 93% 4
    Case 5 59.1% 93% 5

    FOPR FWPR
    FWPT
    ECONOMIC
    Discount
    rate 10% POT
    FTP 5% T Q(STB) T Q(MSTB) 0.94
    Goverment 85.00% 1 1,036,199 11 128,918
    7
    Share
    contractor
    2 1,167,927 12 114,501
    share
    15.00%
    3 1,085,109 13 101,470
    Tax 40% 4 14
    Oil Price 50 $/bbl 5
    837,602
    15
    91,141 Result
    607,068 81,687
    Operating PIR
    Cost
    20 $/bbl 6 455,703 16 51,867 ROR
    1.60
    Capital 14000000 $ 7 358,102 17 48,107 89%
    8 18
    4
    Non Capital 23000000 $ 279,846 45,078
    Depresiasi 5 years 9 232,250 19 42,632
    10 193,852 20 40,880
    CONCLUSION
    BYE-BYE

    You might also like