Petroleum Reservoir Management : Considerations and Practices book cover
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Petroleum Reservoir Management
Considerations and Practices



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ISBN 9780367519223
August 20, 2021 Forthcoming by CRC Press
434 Pages 102 B/W Illustrations

 
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Book Description

Petroleum reservoir management practices are rooted in the optimization of costs and benefits specific to reservoirs with respect to their location, geology, reservoir properties, operational activities, and economic considerations. This book covers important reservoir management topics that engage the attention of petroleum companies over the life cycle of an oilfield.  Further, project management issues such as inadequate definition of the projects, periodic changes in the project description/scope and inordinate delays in project completion, are described. It also brings discussion on the crude oil markets, instruments, pricing mechanisms, criteria, and strategies into its ambit.

Features:

  • Exclusive title on petroleum reservoirs management including actual field performance data and experience.
  • Reviews sub-surface and surface management issues.
  • Discusses project and price management critical to oil industry.
  • Describes macro management issues covering the reservoir life cycle from production to pricing.
  • Includes role of teamwork, open communication, and synergy in reservoir management.

The book aims at professionals and graduate students in petroleum and reservoir engineering, oil and gas companies, and environmental engineering.

Table of Contents

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

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Author(s)

Biography

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.