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Part II: Reservoir Simulation  191


       corporate managements and financial institutions the information they need to
       make informed decisions.


                         19.5  Validity  of Model Predictions


             The  validity of  model  predictions  was  studied  by  Saleri  [1993]  who
       compared  actual field performance with predicted performance. Figure  19-2



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             Figure  19-2. Quality  of field performance match (after Saleri,
             1993; reprinted by permission  of the Society  of Petroleum
             Engineers).
       illustrates his results. The overall match of field performance, such as total rate
       and pressure performance, is reasonable. The field match is somewhat deceptive
       however, because the validity of individual well performance forecasting varies
       widely. Indeed, the match of water and gas performance for about half of the
       wells was deemed a "bust" by the author. This is not unusual in a model study,
       Saleri arrived at the following conclusions:
             4 "Barring major  geologic and/or reservoir  data limitations, fieldwide
             cumulative production forecast accuracies would tend to range from  10%
             to 40%." [Saleri,  1993]
             4*  "Well  performance  forecasts  are  bound  to  be  less  successful than
             fieldwide predictions."  [Saleri,  1993]
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