Page 18 - Principles of Applied Reservoir Simulation 2E

2 Principles of Applied Reservoir Simulation

Table 1-1
Why Simulate?
Corporate Impact
+ Cash Flow Prediction
0 Need Economic Forecast of Hydrocarbon Price
Reservoir Management
4 Coordinate Reservoir Management Activities
4 Evaluate Project Performance
0 Interpret/Understand Reservoir Behavior
4 Model Sensitivity to Estimated Data
0 Determine Need for Additional Data
4 Estimate Project Life
+ Predict Recovery vs Time
4 Compare Different Recovery Processes
4 Plan Development or Operational Changes
4 Select and Optimize Project Design
0 Maximize Economic Recovery

1.1 Consensus Modeling

Reservoir modeling is the application of a computer simulation system
to the description of fluid flow in a reservoir [for example, see Peaeeman, 1977;
Aziz and Settari, 1979; Mattax and Dalton, 1990]. The computer simulation
system is usually just one or more computer programs. To minimize confusion
in this text, the computer simulation system is called the reservoir simulator, and
the input data set is called the reservoir model.
Many different disciplines contribute to the preparation of the input data
set. The information is integrated during the reservoir modeling process, and
the concept of the reservoir is quantified in the reservoir simulator. Figure 1-1
illustrates the contributions different disciplines make to reservoir modeling.