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If a new well is not the only well in the reservoir, the completion engineer should ascertain:
Identify anomalies, steep declines, slow declines (<10% per year), low
indicated reserves, well interference, flush production.
6. Review operating costs.
Breakdown costs according to well operations, production processing, water disposal,
personnel needs.
7. Review reservoir pressure and effects on well performance.
Prepare isobar maps, decline trends.
8. Prepare rate, GOR, and water-cut maps ( Figure 1 ).
Plot cumulative production as a circle that is scaled in proportion to total reservoir
production around each well.
Is workover economic?
Will it be economic in the future?
Is redrilling a new well another option for recovering reserves?
What is cost of abandonment?
9. If the well is located on an offshore platform or at a remote location, can several wells be
scheduled for workovers simultaneously to distribute rig costs of moving and to minimize deferral of
production?