MUNI

PROJECT :
PLAN OF DEVELOPMENT
FOR SNARK FIELD
 01 INTRODUCTION

02 RESERVOIR DESCRIPTION

03 HISTORY MATCH

WATER FLOODING
WORK PLAN 04 DESCRIPTION

05 DEVELOPMENT PLAN

06 ECONOMICS STUDIES

07 CONCLUSION
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INTRODUCTION
SNARK, like mature fields, presents complexities in geology and production.

Addressing the increasing global demand for hydrocarbons is paramount.

As new discoveries decline, adopting enhanced recovery techniques is crucial.

Propose a comprehensive development plan for the SNARK field, optimizing recovery
potential.

Unlock untapped reserves, maximize recovery rates, and extend economic viability.

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RESERVOIR DESCRIPTION
The reservoir is divided into regions (west, center,
northeast, east), and it is intersected by three main
faults. The field accommodates five producers (1 in the
FIGURE 1: Reservoir description with faults and blocks
west and 4 in the center).

The SNARK field, currently in primary recovery,

features intricate geological layers with 12 reservoir
strata. Seismic data suggests a connected aquifer,
mainly from the south FIGURE 2: Reservoir description with layers
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RESERVOIR DESCRIPTION
Permeability and porosity distributions are integral to the
reservoir's heterogeneity. Future production will be estimated
through an ECLIPSE simulation, starting with a base case
model calibrated to past production

A 3D model (24X25X12) incorporates the aquifer

analytically. Five strategically placed producers may
FIGURE 3 : Permeability Distribution
transition to injectors near the aquifer. Up to two infill wells
can be drilled later, adapting to reservoir dynamics.
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 HISTORY MATCHING
History matching is a crucial process involving the development of one or more sets of numerical
models representing a reservoir, aligning them with observed and measured data.
Throughout this model calibration, it's essential to recognize that reservoir models are
interpretations rather than a direct representation of reality, inherently containing errors and
approximations.

The primary goal of history matching is to facilitate decision-making, and its significance lies in the
context of aiding decision processes.
Moreover, the uncertainty associated with model inputs is considerable and often underestimated,
while observable data consistently includes errors, regardless of their scale.
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 Fault Transmissibility
Multiplier = 0
DATA HM
We performed history matching
using the data provided in the table Aquifer initial volume de 1
to refine and validate our reservoir x 10^9 (stb)
model.

Aquifer PI de 10

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 HISTORY MATCHING
For the upcoming reservoir forecast in our Plan of Development (POD), we will utilize the
Bottom Hole Pressure (BHP) data
Limit BHP
Prod1 874 psi
Prod2 897 psi
Prod3 940 psi
Prod4 990 psi
Producer 911 psi
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 WATER FLOODING DESCRIPTION

Water Flooding is the most common method of secondary recovery. Reasonsare:

Water is an efficient agent for displacing oil of light to medium gravity.

Water is relatively easy to inject into oil-bearing formations.

Water is generally available and inexpensive.

Waterflooding involves relatively lower capital investment and operating costs, leading
to favorable economics
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WATER FLOODING DESCRIPTION

9
DEVELOPMENT PLAN

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 CONSTRAINTS
Existing producing wells by the last measured bottomhole pressure (from history)

New wells by WBHP=1200 psi

Economic constraints for all the producers (min oil rate = 250 bbls/day, max wct=95%)

-Maximum Field oil production capacity = 10 000 bbls/day

-Maximum field liquid production capacity :35000 bbls/day

-Maximum field water injection capacity: 25000 bbls/day

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 CRITERIA FOR CHOOSING NEW WELLS
Reservoir Characteristics
Operational Constraints
Injection Date Selection

Injection Quantity Optimization

Well Location and Pattern

Pressure Maintenance Objectives

Economic Considerations

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RESULTS BASE CASE

OIL CUM
59.333.460
STB

14
RESULTS BASE CASE

RF=22,9%

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 OUR BEST CHOICE
Well Group I,J interception of Perforated intervalls Well Diameter and Control mode and
reservoir skin limit

INJ1 Center I=16 , J =11 From layer 1 to 12 rw=0,625 feet and BHP Target OR UPPER
S=2 limit = 1200

INJ2 WEST I=3 , J =17 From layer 1 to 12 rw=0,625 feet and BHP Target OR UPPER
S=2 limit = 1200

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RESULTS DEV CASE

OIL CUM
129.966.960
STB

14
RESULTS DEV CASE

RF=50,2%

15
RESULTS DEV CASE

RF=80,4%

15
 ECONOMICS STUDIES
The drilling of a new well (injector or producer) is 10 MM$

-Oil price 80 $/bbls

The operational opex is 20$/bbls

The discount rate of 10%,

The Net Present

Value (NPV or VAN) The Net Present Value (NPV) is the difference between the
value of the discounted future cash flows and the amount of initial capital
invested 16
 BASE CASE
OIL PRODUCTIO CUMULATIVE 2008 55.042.832 STB

OIL PRODUCTIO CUMULATIVE 2023…… 59.333.460 STB

OIL PRODUCTION 2008-2023………. 4.290.628 STB

An N°An Prod (STB) Vente Opex CF CF Act Van

2024 16 0 0 0 0 0 174.622.320
$

2025 17 0 0 0 0 0 174.622.320
+123-456-7890 www.reallygreatsite.com $ City
123 Anywhere St., Any

17
 DEVELOPMENT CASE
OIL PRODUCTIO CUMULATIVE 2008 55.042.832 STB

OIL PRODUCTIO CUMULATIVE 2040 129.966.960 STB

OIL PRODUCTION 2008-2040 74.924.128 STB

An N°An Prod (STB) Vente Opex CF CF Act Van

2040 32 963528 77082240 19270560 57811680 2738102,27 2.015.124.394
$

+123-456-7890 www.reallygreatsite.com 123 Anywhere St., Any City

18
 CONCLUSION
This in-depth analysis of SNARK field development informed crucial decisions. The
introduction of two injector wells led to a substantial increase in field production,
resulting in a noteworthy economic impact.

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