Everything about Reservoir Engineering totally explained
Reservoir engineering is a branch of
petroleum engineering, typically concerned with maximizing the economic recovery of
hydrocarbons from the subsurface.
Of particular interest to reservoir engineers is generating accurate
reserves estimates for use in financial reporting to the
SEC and other regulatory bodies. Other job responsibilities include numerical reservoir modeling, production forecasting, well testing, well drilling and workover planning, economic modeling, and PVT analysis of reservoir fluids.
Reservoir engineers also play a central role in field development planning, recommending appropriate and cost effective reservoir depletion schemes such as waterflooding or gas injection to maximize hydrocarbon recovery.
Types
Reservoir engineers often specialize in two areas:
- Surveillance (or production) engineering, for example monitoring of existing fields and optimization of production and injection rates. Surveillance engineers typically use analytical and empirical techniques to perform their work, including decline curve analysis, material balance modeling, and inflow/outflow analysis.
- Simulation modeling, for example the conduct of reservoir simulation studies to determine optimal development plans for oil and gas reservoirs.
Further Information
Get more info on 'Reservoir Engineering'.
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