Petroleum Reservoir Management

Considerations and Practices
1. Auflage 2021
ISBN: 978-0-367-51922-3
Verlag: CRC Press

Buch, Englisch, 442 Seiten, Format (B × H): 161 mm x 240 mm, Gewicht: 828 g

Petroleum reservoir management considerations and practices are deeply rooted in the optimization of development objectives, requisite investments, operational costs, and philosophy in addition to the dynamics of timely decision-making. Petroleum Reservoir Management: Considerations and Practices highlights the key reservoir management topics and issues that engage the attention of exploration and production companies over the life cycle of an oilfield.

This is the only book to exclusively address petroleum reservoir management based on actual field development experience. It emphasizes the role of good project management, the value of a quantitative assessment of reservoir health, the importance of using good practices, and the need for true collaboration among various team players to maximize the benefits. The book expands the scope of reservoir management from field operations to boardroom discussions about capital financing to product pricing criteria, mechanisms, and strategies.

FEATURES

- Reviews subsurface and surface management issues

- Discusses project and price management factors critical to the oil industry

- Describes macromanagement issues covering the reservoir life cycle from production to pricing

- Includes the role and significance of teamwork, open communication, and synergy in reservoir management

This book is aimed at professionals and graduate students in petroleum and reservoir engineering, oil and gas companies, and environmental engineering.

Zielgruppe

Professional Practice & Development

Autoren/Hrsg.

Pathak, Ashok

Fachgebiete

• Technische Wissenschaften Maschinenbau | Werkstoffkunde Technische Mechanik | Werkstoffkunde
• Technische Wissenschaften Technik Allgemein Technik: Allgemeines
• Technische Wissenschaften Energietechnik | Elektrotechnik Technologien für Fossile Energieträger
• Technische Wissenschaften Verfahrenstechnik | Chemieingenieurwesen | Biotechnologie Verfahrenstechnik, Chemieingenieurwesen

Inhaltsverzeichnis

Chapter 1 - Petroleum Reservoir Lifecycle
1.1 Introduction
1.2 Life Cycle
1.3 Phasing of Development
1.4 Thermal Recovery
1.5 Nonthermal Methods
1.6 Hydrocarbon Resource and Reserves
1.7 Reserves Categorization
1.8 Role of Uncertainty and Risk on Development Projects
1.9 Summary of Reserve Estimation Methods
1.10 Reservoir Management and Development Planning
Chapter 2 - Operating Arrangements and Reservoir Development Objectives
2.1 Introduction
2.2 Oil and Gas Reserves Ownership and Control
2.3 State Ownership of Oil and Gas
2.4 Oil and Gas Ownership Rights in the Seawaters
2.5 Value of Vision and Mission Statements of E&P Companies
2.6 Private and Public Sector Oil Companies
2.7 Examples of Vision and Mission Statements of Oil Companies
2.8 Public Sector NOCs
2.9 Private Sector, Large Size Public Limited IOCs
2.10 Private Sector, Small Size Public Limited Companies
2.11 General Comments on the Vision, Mission, and Values of the Companies
2.12 Effect of Operating Company’s Strengths on Reservoir Management
2.13 Commercial Agreements
2.14 Reservoir Development Objectives & Early Planning Considerations
Chapter 3 - Reservoir Management Requirements
3.1 Introduction
3.2 Significance of Crude Oil
3.3 Oil and Gas Business Environment
3.4 International Monetary System
3.5 Reservoir Management Framework
3.6 Reservoir Management Requirements
3.7 Reservoir Management Framework
3.8 Impact of Reservoir Management
Chapter 4 - Significance of Reservoir Health and Its Impact on Reservoir Performance
4.1 Introduction
4.2 Reservoir Drive Mechanisms
4.3 Reservoir Fluid Types and Phase Changes
4.4 Concept of Reservoir Health and the Need for Quantitative Measures
4.5 Reservoir Health Indicators (RHIs)

4.6 Factors Affecting Production Rate
4.7 Significance of Pressure Maintenance to Reservoir Health
4.8 Corrective Measures for Restoration of Reservoir Health
4.9 Assessment of Health by Reservoir/Well Health Indicators
4.10 Impact of Poor Health on Reservoir Management
Chapter 5 - Reservoir Management Policy Framework
5.1 Introduction
5.2 Elements of Reservoir Management
5.3 Typical Governance Model of an E&P Company
5.4 Reservoir Management Policy Issues
5.5 Management Controls on Business Activities and Results
5.6 Significance of Best Practices
Chapter 6 - Oilfield Water Management
6.1 Introduction
6.2 Produced Water Management
6.3 Composition of Produced Water
6.4 Produced Water Quality
6.5 Produced Water Handling
6.6 Injection Water Management
6.7 Produced Water Disposal
6.8 Environmental Concerns
6.9 Water Management Process
Chapter 7 - General Reservoir Management Practices, Aberrations, and Consequences
7.1 Introduction
7.2 Planning
7.3 Implementation
7.4 Experimentation
7.5 Reservoir Characterization
7.6 Reservoir Simulation
7.7 Realistic Production Forecasting
7.8 Production below the Bubble Point
7.9 Venting or Flaring of the Produced Associated Gas
7.10 Disposal of Produced Water
7.11 Slippage in Pressure Maintenance (Water Injection) Program
7.12 Data Management
7.13 System Downtime, Outages, and Failures
7.14 Database Management
7.15 Integrated Planning
7.16 Field Development Planning
7.17 Design and Execution of the FDP
7.18 Development Strategy and Options
7.19 Offshore Drilling Systems
7.20 Offshore Production Systems
7.21 Techno-Economic Optimization of the FDP
7.22 Alignment of business goals with the FDP
7.23 Field Development Challenges
7.24 Reservoir Monitoring
7.25 Role of Oil and Gas Processing Facilities
7.26 Facility Constraints and Management
7.27 Project Management Slippages
7.28 Urban Planning for Surface and Subsurface Management
7.29 Reservoir Management Execution
7.30 The Link between Reservoir Management and Organization
Chapter 8 - Reservoir Development and Management- Important Lessons Learned
8.1 Introduction
8.2 Reservoir Development and Management
8.3 Safety First
8.4 Project Management
8.5 Business Contracts
8.6 Reservoir Assessment
8.7 Production Forecasting
8.8 Role of Best Practices
8.9 Data to Decision-making
8.10 Water Management
8.11 Reserve Estimation
8.12 Production Target Setting
8.13 Production Optimization
8.14 Value of Peer Reviews
8.15 Keep It Simple and Measured
8.16 Teamwork
Chapter 9 - Proactive Reservoir Management
9.1 Introduction
9.2 Use of Drones in the Oil and Gas Industry
9.3 Maintenance Policies
9.4 Smart Oil and Gas Wells
9.5 Digital Fields
Chapter 10 - Pricing of Crude Oil
10.1 Introduction
10.2 The Global Oil Markets
10.3 Shipping Agreements
10.4 Market Structures
10.5 Factors Affecting Oil Prices
10.6 Role of OPEC
10.7 Crude Oil Classifications
10.8 Benchmark Crude Oils
10.9 Pricing Strategies
10.10 Pricing Criteria
10.11 Crude Oil Blending Opportunities

Über Autor(innen)

Ashok K. Pathak is a veteran petroleum engineer by qualification with more than four decades of professional experience as a reservoir engineer in various positions in ONGC and KOC. Reservoir development and management are his core areas of expertise where he built a reputation for himself to provide simple and practical solutions. In his long association with national and international oil companies/consultants, he provided technical leadership and successfully navigated various complex reservoir studies and projects for value creation. Several new path-breaking projects were executed under his stewardship at times when old mindsets were proving a barrier to enhance oil production, reserve growth, and cost optimization.

Building and developing young people on the way has been one of Ashok Pathak’s passions. Transiting through his roles of engineer, manager, specialist, and adviser he played a cameo to coach and mentor his colleagues with mantras of self-discipline, commitment, and excellence. He believes that assurance is an important ingredient of performance and success comes not just by chance. It is the result of a structured and organized process intertwined with hard work. He endorses systems, processes, and procedures as long as they promote transparency, efficiency, quality, and cost savings.

He has a master’s and a bachelor’s degree in Petroleum Engineering from the Indian School of Mines.