Geological mining data resulted from exploration-prospecting and testing operations at Umid gas condensate field as one of important projects of the State Oil Company of the Azerbaijan Republic (SOCAR) have been systemized and analyzed in the article. There conducted uncertainty analyses of the obtained geophysical and mining data and hydrocarbon reserves on horizons have been estimated. Impact of uncertainties to hydrocarbon reserves of the field have been studied through modern approaches and geological risks have been assessed by usage of new risk matrix. Also, strategy of actions has been proposed in order to mitigate geological risks.
The Vuktyl oil and gas condensate field of the Timan-Pechora province was discovered in 1964. The field is currently in the final stages of development, its hydrocarbon reserves are nearly exhausted. In order to expand the resource base of the field, research was undertaken to estimate the matrix oil reserves in the gas-saturated part of the Vuktyl oil and gas condensate field. At the first stage, the petrophysical model of productive deposits of the studied field was improved using new data.
Methods of minimization of uncertainties and geological risks based on Umid gas‑condensate field
