Assuming you are a Reservoir Engineer responsible in resource assessment study of the Reservoir A in Field K9, offshore

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Assuming You Are A Reservoir Engineer Responsible In Resource Assessment Study Of The Reservoir A In Field K9 Offshore 1 (137.12 KiB) Viewed 26 times

Assuming you are a Reservoir Engineer responsible in resource assessment study of the Reservoir A in Field K9, offshore Sarawak. K9 is a newly discovered field by the company. Your development subsurface team is requested to estimate the resources and reserves volume of Reservoir A. Determine the total petroleum initially in place (PIIP) and probable reserves of this reservoir and justify your assumptions used in this estimation. According to the outcome from the resource assessment study, the Reservoir A in Field K9 is categorized under Contingent Resources which the field is also classified as sub- commercial. Discuss the possible factors that lead to the sub-commercially of this field. Provide possible solutions on how to increase the chance of commerciality of the field. Kindly refer the Resource Classification Framework below as your reference for your discussion. Average Porosity = 14% Average Sw= 60% Reservoir Area = 13,500 acres Bo = 1.4 bbl/stb Reservoir height = 30 ft Drive mechanism: Weak Water Drive PRODUCTION RESERVES 2P 3P Proved COMMERCIAL DISCOVERED PIIP TOTAL PETROLEUM INITIALLY-IN-PLACE (PIP) SUB-COMMERCIAL UNDISCOVERED PIIP IC Low Estimate Probable Possible CONTINGENT RESOURCES I 2C UNRECOVERABLE PROSPECTIVE RESOURCES Best Estimate UNRECOVERABLE Range of Uncertainty 3C I High Estimate Increasing Chance of Commerciality I Not to scale (20 marks)