Popis: |
Considering the imminent end of the ‘easy oil’ era, the increasing demand for energy and the global push towards the energy transition, oil and gas companies are more than ever interested in sustainable ways to develop marginal and complex hydrocarbon fields economically, through the application of technology and maximization of data analysis. In small partially appraised fields where the cost of drilling an appraisal well could derail the project economics, it becomes necessary to sweat the limited data available for reservoir modelling. The uncertainty analysis must be robust enough to ensure that the adopted field development strategy would yield a positive net present value despite the wide uncertainties associated with the field. The conventional workflow for subsurface uncertainty modelling involves defining the uncertainty ranges of static and dynamic reservoir parameters based on a single reservoir model concept. This paper focuses on a marginal field case study where the multi scenario modelling approach was adopted. This approach considered alternate reservoir geologic concepts based on different interpretations of the reservoir architecture, taking full cognizance of the available data, reservoir uncertainties and regional geology knowledge. Field Alpha is located onshore of Niger Delta in Nigeria. The geologic setting consists mainly of multi-storey, complex channel-belt systems, incising through Shoreface deposits. The reservoir of interest is an elongated structure with only two well penetrations located at the opposite distal part of the structure. The key reservoir uncertainties are reservoir structure, architecture, connectivity, and property distribution. Two possible distinct architecture were interpreted based on regional correlation and seismic. This paper focuses on how the interpretations and other information informed a robust development strategy that yielded significant (30 %) reduction in development cost and positive net present value. |