Transcription of Field development and portfolio evaluation - Forsiden
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Field development and portfolio evaluation 2014-08-04 Classification: Open How to achieve acreages? Discoveries from exploration Buying at an open marked 2014-08-04 2 Classification: Open 3 Business case 1 Business case 4 Business case 8 Business case 10 Business cases Business case 2 Business case 3 Business case 5 Business case 6 Business case 7 Business case 9 Business case 11 Corporate needs to have a common process to make the right choices HQ Corporate s challenge to select the best opportunities Overview - Reservoir and Formation evaluation Resources and reserves Static information / Recourses (in place) STOIIP = GRV * Porosity * So * N/G / Bo Dynamic information / Reserves (producible) Produced volumes = STOIIP * Recovery Factor GRV = Gross Rock volume So = Oil saturation N/G = Net out of Gross volume Bo = Formation volume factor or shrinkage factor Dynamic parameters - equations Darcys law Q = -K A (Pb Pa) / viscosity * L Production Index PI = QT/(PG P) The productivity index (PI) takes into account the reservoir characteristi
Resources and reserves Static information / Recourses (in place) STOIIP = GRV * Porosity * So * N/G / Bo volume Dynamic information / Reserves (producible) ...
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