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https://doi.org/10.2118/25353-MS

has been cited by the following article:

• TITLE: Optimum Development of a Saturated Oil Field

  AUTHORS: David Abiodun Ogunlade, John Perkins, Favour Nakawooya, Froylan Cannon Gracias

  KEYWORDS: Enhanced Oil Recovery Carbon Dioxide Storage

  JOURNAL NAME: Journal of Analytical Sciences, Methods and Instrumentation, Vol.12 No.1, March 26, 2022

  ABSTRACT: This project investigated the potential optimal development strategy for a saturated reservoir, with a gas cap. It assessed the viability of three production methods—solution gas drive (primary depletion), water flooding and gas injection, using varying injector well numbers. This project also undertook sensitivity analysis in the field, concluding that the development of another appraisal well would vastly improve the accuracy of NPV calculation. Furthermore, this project ascertained an optimized recovery method, based on numerical production simulations and economic modelling, of initial solution gas drive recovery, until reservoir pressure equals the bubble point pressure, at which point three water flooding injectors should be employed, developed at six-month intervals to maximise production while limiting CAPEX and OPEX as much as possible.