Adumbrative Heterodox Dictum of Wellbore Aggregates From Sapient Recovery Factor Penchants For Honed Field Praxis
Abstract Puissant field planning is increasingly becoming a sophisticated quandary with less emphasis on parametric synergy with reservoir spasmodic acuity. This conundrum leads to inaccurate harbinger of the required number of wells to be drilled for future field development programs from existing production and reservoir data particularly at pressures above the bubble point which is a major sobriety as orchestrated in most recent simulators. The aim of this erudition is to compendiously carry out astute predictive heterodox principles of wellbore aggregates from critical recovery factor parameters for savvy field planning. The main objectives are to glean and develop new propinquities for differential pressures (ΔP), rock compressibilities (Co) and oil formation volume factors (Bo) for predicting the number of wells to be drilled and recovery factors (RF) by equating the simulated results and the theoretical model (Ezekwe, 2010). To elucidate, metaphorize and ruminate new models. Reservoir and economic data was carefully simulated using FAST-FEKETE Evolution software for initial 40 future oil wells. Average results were mathematically correlated with recovery factor model to produce new correlations to quickly re-jig field planning efficiency. Results of matched and validated compressibility factors, differential reservoir pressures and oil formation volume factors were correlated with field data from Ezekwe (2011) model. Results of compressibility factor showed increasing similar 3rd order polynomial converging correlation for both models but gave slight divergence with increasing number of wells and RF. Results of differential pressures gave linearly increasing correlation with number of wells and RF while the new model had a cross-over point at 6435.64 psi for 2 wells but slightly increased divergently with number of wells and RF. Results of oil FVF gave a good similar regression (R2) of 0.999 while both models showed decreasing 3rd order polynomial correlation comparison with number of wells but with slight divergent disparity with increased RF. To further validate the potency of this study, detailed comprehensive paired sample test gave standard deviation, standard error of mean and degree of freedom of 0.00356, 0.0012 and 8 for compressibility factors; 324.7, 102.68 and 9 for differential pressure while the oil formation volume factor gave 0.0067, 0.0021 and 9. The predictions obtained by the new model showed appreciable degree of consistency and accuracy with number of wells and RF. This is perhaps largely hinged on the capacity to cogently infuse field data with theoretical and simulated models effectively. This study has clearly shown that no special technique or rigorous computational procedures is required to plan future number of wells to be drilled in a field or perhaps estimate the required RF. Sequel to this, further research is encouraged to inculcate more correlations based on comprehensive field validation studies to improve the efficacy of this model.