Said Salim Al-Harthy's report
by
Said Salim Al-Harthy, M.S.E.
University of Texas at Austin, 1995
Supervisor: Ben H. Caudle
This report evaluates the waterflood potential for a small Eastern Oklahoma oil
field using two methods of simulation: the finite difference simulator VIP Simulator and
Streamline Model. This case study approach is employed to demonstrate the
comparison between two methods of simulation on the waterflood potential of the field.
The report also shows how the simulators, when used in conjunction with an
oil and gas economic program, can estimate waterflood recoverable reserves and the
expected profitability of small oil fields.
The proposed Kellyville Dutcher Sand Unit is shown to be very attractive
investment opportunity by both methods of simulation. The Streamline Model showed
recoverable reserves of 1.21 MMSTB of oil and 3.88 MMSCF of gas. The VIP
Simulator predicted recoverable reserves of 1.24 MMSTB of oil and 0.35 MMMSCF
of gas. The expected Net Present Value after twenty years was 3.10 million dollars for
VIP Simulator results and 3.05 Million dollars for the Streamline Model results.
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