Fundamentals of Applied Reservoir Engineering introduces early career reservoir engineers and those in other oil and gas disciplines to the fundamentals of reservoir engineering. Given that modern reservoir engineering is largely centered on numerical computer simulation and that reservoir engineers in the industry will likely spend much of their professional career building and running such simulators, the book aims to encourage the use of simulated models in an appropriate way and exercising good engineering judgment to start the process for any field by using all available methods, both modern simulators and simple numerical models, to gain an understanding of the basic 'dynamics' of the reservoir -namely what are the major factors that will determine its performance. With the valuable addition of questions and exercises, including online spreadsheets to utilize day-to-day application and bring together the basics of reservoir engineering, coupled with petroleum economics and appraisal and development optimization, Fundamentals of Applied Reservoir Engineering will be an invaluable reference to the industry professional who wishes to understand how reservoirs fundamentally work and to how a reservoir engineer starts the performance process.
- Covers reservoir appraisal, economics, development planning, and optimization to assist reservoir engineers in their decision-making.
- Provides appendices on enhanced oil recovery, gas well testing, basic fluid thermodynamics, and mathematical operators to enhance comprehension of the book's main topics.
- Offers online spreadsheets covering well test analysis, material balance, field aggregation and economic indicators to help today's engineer apply reservoir concepts to practical field data applications.
- Includes coverage on unconventional resources and heavy oil making it relevant for today's worldwide reservoir activity.
Chapter 1. Introduction
Chapter 2. Basic Rock and Fluid Properties
Chapter 3. Well-Test Analysis
Chapter 4. Analytical Methods for Prediction of Reservoir Performance
Chapter 5. Numerical Simulation Methods for Predicting Reservoir Performance
Chapter 6. Estimation of Reserves and Drive Mechanisms
Chapter 7. Fundamentals of Petroleum Economics
Chapter 8. Field Appraisal and Development Planning
Chapter 9. Unconventional Resources
Chapter 10. Producing Field Management
Chapter 11. Uncertainty and the Right to Claim Reserves
Richard Wheaton is currently a Senior Lecturer in Petroleum Engineering , University of Portsmouth. He has 33 years of experience in the oil and gas industry. He joined BG Group (then British Gas) in 1980 starting as a Senior Scientist (Reservoir Engineering) in the Research Division and becoming a Research Project Leader developing an 'in-house' compositional reservoir simulator. He has held posts as a Principle Petroleum Engineer, Reservoir Engineering Manager, Chief Reservoir Engineer, Chief Petroleum Engineer and as Head of Corporate Reserves. In the last three years, he has been a Special Advisor to the Chief Executive. Dr. Wheaton's areas of expertise include reservoir engineering, reservoir modelling, development planning, reserves and resource estimation, project evaluation. He has worked extensively on both conventional oil, gas and condensate fields and on unconventional (coal seam and shale gas) and has worked on worldwide projects (Kazakhstan, Russia, Egypt, Trinidad, Vietnam, India, Australia, US, Brazil, Bolivia, UK) over the last 22 years.