Reserves estimation and production allocation with MFM

Falcone, G. (2009) Reserves estimation and production allocation with MFM. In: Multiphase Flow Metering. Series: Developments in petroleum science (54). Elsevier: Amsterdam, pp. 303-313. ISBN 9780444529916 (doi: 10.1016/S0376-7361(09)05410-7)

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Abstract

Publisher Summary: This chapter discusses the effects of metering error on reserves estimation and production allocation. The metering uncertainty is particularly important for small discoveries or marginal fields, where the impact of wrongly predicting the ultimate reserves and recovery factor (RF) can severely decrease the overall field profitability. The ultimate recovery from a field is usually expressed in terms of its RF, defined as the ratio of the recoverable volume to the hydrocarbons originally in place (HOIP) over the course of a field's economic life. Reserves are usually estimated according to a probabilistic approach, where a differentiation is made between proven, probable and possible reserves. The necessary pressure–volume–temperature (PVT) calculations required to report and compare all measurements at the same pressure and temperature reference conditions are also presented in the chapter.

Item Type:Book Sections
Additional Information:Authors: Falcone, G., Hewitt, G.F., and Alimonti, C.
Status:Published
Glasgow Author(s) Enlighten ID:Falcone, Professor Gioia
Authors: Falcone, G.
College/School:College of Science and Engineering > School of Engineering > Systems Power and Energy
Publisher:Elsevier
ISSN:03767361
ISBN:9780444529916

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