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The AAPG/Datapages Combined Publications Database
AAPG Special Volumes
Abstract
Chapter from:Reservoir
Characterization
-Recent Advances
Edited by Reservoir
Characterization
in the
Reservoir
Management
Process (as Reflected in the Department of Energy's
Reservoir
Management Demonstration
Program)
Chapter 1
The Role of Reservoir
Characterization
in the
Reservoir
Management Process (as Reflected in the Department of Energy's
Reservoir
Management
Demonstration Program)
BDM Petroleum Technologies
Bartlesville, Oklahoma, U.S.A.
Mark A. Young
Michael P. Madden
BDM-Oklahoma
Bartlesville, Oklahoma, U.S.A
E. Lance Cole
Petroleum Technology Transfer Council
Sand Springs, Oklahoma, U.S.A.
ABSTRACT
reservoir
recovery and profitability result from guidance by an
effective
reservoir
management plan. Success in developing the most appropriate
reservoir
management plan requires knowledge and consideration of (1) the
reservoir
system,
including rocks, fluids, and rock-fluid interactions, as well as wellbores and associated
equipment and surface facilities; (2) the technologies available to describe, analyze, and
exploit the
reservoir
; and (3) the business environment under which the plan will be
developed and implemented.
Reservoir
management plans de-optimize with time as
technology and the business environment change or as new
reservoir
information becomes
available.
Reservoir
characterization
is essential for planning appropriately scaled
reservoir
management plans.
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