The Life cycle of Reservoir
By Shaker Mahmoud The lifecycle of the reservoir Each petroleum field investment has numerous stages from first discovery until abandonment in purpose to exploit the hydrocarbons and get them to market. There are five stages of oil or gas field development project in the oil and gas industry. Field discovery (Where is the oil or gas?) Hydrocarbons are existed beneath earth in reservoir rocks here the Geoscientists and petroleum engineers work together to locate them via utilizing seismic wave's technology to get a picture of subsurface and build a 3D geological model to identify potential reservoirs , then drill exploratory well in the location that they think will produce oil Evaluation or appraisal (The amount of reserves?) This stage is close to exploration and begins once discovery has been found the traces of petroleum so the team must appraise and evaluate the interest area by building 3D reservoir simulation models in order to know how much oil or gas is available? The type ...