Publisher's Synopsis
Entering the 21st century, petroleum exploration has entered into a new phase that emphasizes both structural reservoir and lithostratigraphic reservoir exploration. In some basins, the exploration of the lithostratigraphic reservoir is in progress. After more than one hundred years in use, petroleum products play an important role in our daily lives. For some countries, oil has become the backbone of their economies. The discovery of gas and oil fields has helped to become a prosperous country with the increasing living standard in the World. Optimization of oil production may be performed on different time horizons. Long-term optimization (typically years) is usually conducted by reservoir engineers while short-term optimization (typically days or weeks) is done by production engineers. Long-term objectives focus on finding the best strategy to drain as much oil as possible from reservoirs. This volume Advanced Petroleum Reservoir Simulation: Towards Developing Reservoir Emulators portrays the underlying mathematics and physics behind reservoir simulation and makes it easy to have a range of simulation results along with their respective probability. The chapter's content focuses on oil petroleum production systems and closed-loop reservoir management. For ongoing reservoir management, models may help in improved oil recovery by hydraulic fracturing. Highly deviated or horizontal wells can also be represented. Specialized software may be used in the design of hydraulic fracturing, and then the improvements in productivity can be included in the field model. Also, future improvement in oil recovery with pressure maintenance by re-injection of produced gas or by water injection into an aquifer can be evaluated. Water flooding resulting in the improved displacement of oil is commonly evaluated using reservoir simulation. The book serves the strongest tool for engineers and managers to back up reservoir simulation predictions with real science. The book adds transparency and ease to the process of reservoir simulation in way never witnessed before. This volume will also serve as valuable resource for advanced graduate students and researchers in petroleum or chemical engineering departments.
