Data integration is key in maximizing production while keeping costs to a minimum. CoViz 4D enhances production by integrating all available oilfield data into a single application.
Over the past few decades, global energy consumption has increased dramatically. This has triggered an incremental demand for oil and gas. Experts predict that hydrocarbons may remain the dominant source of energy for the next 50 years. To meet this present and future demand, it is important to make a proper strategy to achieve a maximum reservoir recovery for high investment returns.
Data plays an important role in identifying the reservoir in the subsurface and in making drilling decisions. These data can be integrated to better understand the subsurface geology and simulate the behavior of the reservoir. Engineers can use these data sets to decide how to maximize the rate of recovery while reducing the costs.
How Data Integration Helps Maximize Reservoir Recovery
Access to related subsurface data is important in maximizing the ultimate reservoir recovery. The subsurface data is collected through geoscientific and petrophysical exploration employing different techniques. These data are unique to various geoscientific and engineering disciplines. The data are often collected and stored individually in discipline-specific software with an output format that is often not compatible with each other. Making an effective interpretation from these diverse data sets can be tough and may require a time-consuming process of correlation analysis for different data and models.
Interpretation and Decision Making With Multidisciplinary Data
To initiate the recovery process, asset teams should have a 3D geomodel which they can use to characterize the subsurface. With the help of data integration software, data sets from disparate sources and formats can be imported for evaluation and comparison on a single platform. The data and model can be combined and analyzed together as a single entity to understand the subsurface geological formation and predict hydrocarbon flow over time. With this integration, engineers can evaluate reservoir characteristics, optimum well placement, product optimization, and hydrocarbon recovery volumes.
Monitoring the Recovery
The asset team should be familiar with the data for production monitoring. Data integration software can incorporate the available data from well logs, seismic surveys, and fluid production data to help optimize the production outcomes. Integration of time series data guide the understanding of reservoir behavior over time. Reservoir engineers can analyze the downhole flow parameters over time to predict future production capacity and determine the ways to minimize production loss.
Collaboration for Better Decision-Making
With data integration, asset teams can access the multi-disciplinary data at any time in a single platform. The team members can analyze the correlation with their own data. Any data abnormality can be addressed by combining multiple injection well models together. With simplified collaboration and a wide range of information on hand, engineers can quickly identify the problem or opportunities and make an informed decision on maximizing the recovery in each reservoir.
Integrating Diverse Dataset With CoViz 4D for Maximum Recovery
CoViz 4D is an excellent platform for integrating multidisciplinary data in a single geospatial environment. CoViz 4D enables the integration of existing well paths and pre-existing data to present a comprehensive subsurface model of the oil field. These integrated models can be used to visualize the hydrocarbon reserves and their characteristics over time. The performance of multiple well paths can be compared to identify factors that may be influencing recovery. Engineers can rely on this analysis to evaluate and determine the best recovery method for maximum output.
Reservoir recovery is an extremely data-dependent process—from exploration to the completion phase. Engineers use multi-disciplinary data to evaluate and design an optimum recovery path and continuously monitor recovery progress. CoViz 4D helps in integrating, analyzing, and visualizing this data in one platform. With this data, asset teams can easily analyze the effectiveness and efficiency of their process. This information can be used by engineers to make decisions that maximize reservoir recovery.
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