Welcome

Introduction

Welcome to the website for Fanchi, J: Integrated Reservoir Asset Management.

The primary objective of Integrated Reservoir Asset Management is to introduce people with diverse technical backgrounds to reservoir management. Modern reservoir management relies on asset management teams composed of people from a variety of scientific and engineering disciplines. In addition to geologists, geophysicists, and reservoir engineers, asset management teams can include chemists, physicists, biologists, production engineers, flow assurance engineers, drilling engineers, facilities engineers, mechanical engineers, electrical engineers, and environmental engineers. This book is designed to present concepts and terminology for topics that are often encountered by members of reservoir asset management teams and professionals. It can be used as an introduction to reservoir management for science and engineering students, practicing scientists and engineers, continuing education classes, industry short courses, or self-study.

Integrated Reservoir Asset Management is an update of the material in Shared Earth Modeling (2002). Shared Earth Modeling was originally the compilation of material that I taught in reservoir characterization courses for geoscientists and petroleum engineers at the Colorado School of Mines. The change in title from Shared Earth Modeling to Integrated Reservoir Asset Management recognizes the technical diversity now found on modern asset management teams and changes the focus from the shared earth model to reservoir management. Exercises have been added that let the reader apply a flow simulator (IFLO) as part of a case study that is used to illustrate and integrate the material in the book. The flow simulator was provided with Principles of Applied Reservoir Simulation, 3rd Edition (Elsevier, 2006).

Integrated Reservoir Asset Management is organized as follows. Chapter 1 presents an overview of reservoir management. Information about fluids that may be contained in reservoirs is provided in Chapter 2. Chapter 3 reviews geological principles used to characterize the subsurface environment, and Chapter 4 introduces two key reservoir parameters (porosity and permeability). Chapters 5-9 describe methods used to acquire information about the subsurface environment. Chapter 10 reviews rock-fluid interaction relationships that are needed for a realistic formulation of multi-phase fluid flow equations. Chapter 11 discusses how to distribute properties throughout the reservoir, and Chapter 12 presents fluid displacement concepts. An introduction to fluid flow equations used in reservoir simulation presented in Chapter 13. Data management is discussed in Chapter 14. Chapter 15 introduces modern reservoir flow modeling workflows, and Chapter 16 describes a variety of reservoir management applications, including some that are relevant to sustainable energy systems. A Valley Fill Case Study is used to show the reader how the information in each chapter can be applied as part of an integrated reservoir management study. Exercises are provided at the end of each chapter.

Two sets of units are commonly found in the petroleum literature: oilfield units and metric units (SI units). Units used in the text are typically oilfield units. The process of converting from one set of units to another is simplified by providing frequently used factors for converting between oilfield units and metric units in Appendix A. A flow simulator (IFLO) is used in several exercises. The user’s manual for the flow simulator is provided in Appendix B. Solutions to exercises are given in Appendix C.

My colleagues in industry and academia and students in multidisciplinary classes helped me identify important and relevant topics that cross disciplinary lines. I am, of course, responsible for the final selection of topics. I would especially like to thank Kathy Fanchi and Chris Fanchi for their efforts in the preparation of this manuscript.

John R. Fanchi, Ph.D.
September 2009