Abstract

Jidong oilfield belongs to complex fault block reservoir, and the development has now entered into high water-cut stage. when using Well pattern encryption technology to stabilize production, it is necessary to study the feasibility of Well pattern encryption to ensure a better economic benefit. In this paper, we use theoretical analysis method, consider the influence of oil price on the calculation, improve the economic limit Well pattern density calculation formula, calculate the economic limit Well pattern density under different recovery rates, make recovery rate prediction for different Well pattern density scenarios by combining with Sherkachov's formula, and use the curve intersection method to determine the Well pattern density at the break-even point, so as to determine the economic feasibility of Well pattern encryption. The example calculations show that the use of well network encryption alone does not meet the development requirements of the Liu 90 South block and has no significant economic benefits, so a combination of two-three methods is needed to further improve the recovery rate. Numerical simulation prediction results show that the two-three combination method can improve the recovery rate by 14.54%, accumulate 28.88×104t of oil increase and increase revenue by 678,245,000 yuan.

Highlights

  • Jidong oilfield is a complex block oilfield and is in the high water content development stage

  • Subsequent development adjustments usually take the form of well network encryption to improve the development level and economic efficiency

  • Where: flim is the economic limit Well pattern density, Port/km[2]; N is the geological reserves of crude oil, tons; Ea is the given recovery rate, %; Ro is the degree of crude oil recovery, %; Rinj is the injection and extraction wells ratio; fnow is the original Well pattern density, Port/km[2]; A is the oil-bearing area of the reservoir, Km2

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Summary

Introduction

Jidong oilfield is a complex block oilfield and is in the high water content development stage. Subsequent development adjustments usually take the form of well network encryption to improve the development level and economic efficiency. A large number of practices show that too small a Well pattern density leads to insufficient well control reserves, which will affect the development level of the field; too large a Well pattern density leads to high drilling investment, making the Well pattern encryption measures not economically efficient. It is important to study the feasibility of Well pattern encryption to develop a reasonable development adjustment plan for complex block oil fields. 2. Applying Sherkachov formula to determine the relationship between well pattern density and recovery

Sherkachev formula
Method for determining the economic limit Well pattern density
Example calculations
Findings
Conclusion
Full Text
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