Reservoir Engineering is the Petroleum Engineering Discipline which is concerned with the reservoir and oil accumulation oil as a whole. With the help of other petroleum professionals, such as drilling engineers, production engineers, and geologists, reservoir engineers attempt to optimize oil production from the reservoir or field in its entirety. Typical tasks performed by reservoir engineers working on oilfields include estimating the original oil-in-place, or STOOIP (Stock Tank Oil Originally In-Place), analyzing current production rate and pressure trends from the wells and the reservoir, forecasting future performance from these trends, and determining the Estimated Ultimate Recovery, or EUR, of a well, reservoir, or field.
There may be several methods available for performing the aforementioned tasks. Where multiple methods exist, we will discuss the more common methods available to the practicing reservoir engineer. In addition, we will discuss the assumptions inherent in each method.
By the end of this lesson, you should be able to:
To Read | Read the Lesson 4 online material | Click the Introduction link below to continue reading the lesson 4 material |
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To Do | Lesson 4 Problem Set | Submit your solutions to the Lesson 4 Problem Set assignment in Canvas |
Please refer to the Calendar in Canvas for specific time frames and due dates.
If you have questions, please feel free to post them to the Course Q&A Discussion Board in Canvas. While you are there, feel free to post your own responses if you, too, are able to help a classmate.