Gas condensate fields are quite lucrative fields because of the highly economic value of condensates. However, the development of these fields is often difficult due to retrograde condensation resulting to condensate banking in the immediate vicinity of the wellbore. In many cases, adequate characterization and prediction of condensate banks are often difficult leading to poor technical decisions in the management of such fields. This study will present a simulation performed with Eclipse300 compositional simulator on a gas condensate reservoir with three case study wells- a gas injector (INJ1) and two producers (PROD1 and PROD2) to predict condensate banking. Rock and fluid properties at laboratory condition were simulated to reservoir conditions and a comparative method of analysis was used to efficiently diagnose the presence of condensate banks in the affected grid-blocks. Relative Permeability to Condensate and gas and saturation curves shows condensate banks region. The result shows that PROD2 was greatly affected by condensate banking while PROD1 remained unaffected during the investigation. Other factors were analyzed and the results reveal that the nature and composition of condensates can significantly affect condensate banking in the immediate vicinity of the wellbore. Also, it was observed that efficient production from condensate reservoir requires the pressure to be kept above dew point pressure so as to minimize the effect and the tendency of retrograde condensation.
Keywords: Condensate Banking, Phase Production, Relative Permeability, Relative Saturation, Retrograde Condensation