Petroleum Reservoir Management Considerations and Practices
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.
- 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.
1. Petroleum Reservoir Lifecycle
2. Operating Arrangements and Reservoir Development Objectives
3. Reservoir Management Requirements
4. Signiﬁcance of Reservoir Health and Its Impact on Reservoir Performance
5. Reservoir Management Policy Framework
6. Oilﬁeld Water Management
7. General Reservoir Management Practices, Aberrations, and Consequences
8. Reservoir Development and Management: Important Lessons Learned
9. Proactive Reservoir Management
10. Pricing of Crude Oil