%0 Journal Article
%T Optimum Development of a Saturated Oil Field
%A David Abiodun Ogunlade
%A John Perkins
%A Favour Nakawooya
%A Froylan Cannon Gracias
%J Journal of Analytical Sciences, Methods and Instrumentation
%P 1-24
%@ 2164-2753
%D 2022
%I Scientific Research Publishing
%R 10.4236/jasmi.2022.121001
%X This project investigated the potential optimal development strategy for a
saturated reservoir, with a gas cap. It assessed the viability of three production
methods<span><span><span style=\"font-family:;\" \"=\"\">¡ª<span>solution gas drive (primary depletion), water
flooding and gas injection, using varying injector well numbers. This project also
undertook sensitivity analysis in the field, concluding that </span></span></span></span><span><span><span style=\"font-family:;\" \"=\"\">the </span></span></span><span><span><span style=\"font-family:;\" \"=\"\">development of another appraisal well would vastly improve the accuracy of
NPV calculation. Furthermore, this project ascertained an optimized recovery method,
based on numerical production simulations and economic modelling, of initial solution
gas drive re<span>covery, until reservoir pressure
equals the bubble point pressure, at which </span><span>point three water flooding injectors should be employed, developed at six-month</span> intervals to maximise production while limiting CAPEX and OPEX as much as possible.</span></span></span>
%K Enhanced Oil Recovery Carbon Dioxide Storage
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=119190