There is a strong global demand for oil and gas resources, and forecasts indicate robust growth in oil demand in the coming years. Meeting this demand necessitates the exploitation of unconventional resources and enhancing the recovery of existing oil and gas fields. Field trials indicate that traditional gas injection in shale wells has low sweeping efficiency. Emerging technologies play an exceedingly significant role in solving the challenges of gas EOR in shale and tight formations. Among these advancements, smart or intelligent well technology has emerged as a promising solution to enhance field development outcomes. This study focuses on improving gas flooding efficiency in the Bakken formation by utilizing smart completions to reduce the gas–oil ratio (GOR) and increase oil recovery. An economic assessment of gas re-injection is conducted, considering both gas storage and enhanced oil recovery, with analysis incorporating capital expenditures, operating costs, and revenue from increased production. Reservoir simulations were employed to determine the most effective gas injection scenarios for maximizing recovery and storage efficiency. Simulation results demonstrate that 20% of perforated laterals account for 80% of the injected gas. To address this challenge, this work proposes using smart completions to segregate lateral sections, thereby optimizing gas injection efficiency, and unlocking additional oil in tight formations. Segregating horizontal laterals for gas re-injection using smart completion technology can achieve gas injection efficiencies of up to 0.25 barrels per Mcf of gas injected, with lower incremental gas production. The optimal injection rate is between 1 MMcfd and 3 MMcfd, with an injection period ranging from one to three years. It was also found that injecting gas into the toe section results in high bottom hole pressure but lower oil recovery due to reduced gas injection efficiency. From an economic perspective, the project yielded favorable outcomes, with a positive net present value (NPV) at a 7% discount rate. Even at lower oil prices (USD 50 per barrel), the Internal Rate of Return (IRR) was calculated to be 170%, indicating strong potential profitability.
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