Optimized Development Planning for a Virgin Reservoir

The Challenge:

Our client sought to enhance the development strategy for a virgin reservoir.

Key objectives included:

  • Establishing dynamic signposts to guide future development.
  • Identifying new infill drilling opportunities
  • Performing sensitivity analysis and quantifying uncertainties in reserve forecasts to support informed decision-making.

Flowgrids’ Solution:

To tackle these challenges, Flowgrids implemented an integrated reservoir modeling approach:

  • Comprehensive Data Review & Quality Assurance – Ensuring accuracy and consistency in existing datasets.
  • 3D Earth Model Validation – Quality-checked and validated the client’s existing reservoir model for accuracy.
  • 3D Fluid Flow Model Development – Building a dynamic model tailored to the field’s characteristics and volumetrics.
  • Dynamic Simulation & Infill Drilling Opportunity Identification – Using dynamic simulations to pinpoint optimal locations for new wells and forecasting the reservoir production potential.
  • Uncertainty Analysis – Running a thorough risk assessment using the method of design of experiments to validate the feasibility of new drilling opportunities.

Value Delivered to the Client:

  • Enhanced Reservoir Production forecasts – Comprehensive production forecasts provided deeper insights into the reserves and reservoir deliverability.
  • Optimized Reservoir Management – Improved understanding of optimal number of infill drills, well types, placement, and completions in the virgin reservoir enabled smarter operational strategies.
  • Cost Savings & Risk Mitigation – More precise reserve forecasts and uncertainty analysis helped the client reduce costs on infill drilling and future development.

By integrating innovative technology and customized workflows, Flowgrids provided the client with a smarter, more efficient approach to reservoir development—maximizing value while minimizing risks of developing the virgin reservoir.