Understanding What Reservoir Property Modeling Is

By Ronald McDonald


The most important thing to remember is that this is something that should be done by the most seasoned of professionals. There are so many complexities to the task that an amateur would surely make some mistake somewhere that would completely throw off the results. Since these results are very valuable and often mean the difference between a successful company that makes a whole lot of money and a company that goes out of business, only those who are truly experienced and know what they are doing are able to do the job of reservoir property modeling.

One of the easiest ways to learn more about this sort of thing is by checking online. There are so many different resources to look at, and it can definitely help to be a good primer before you go diving into the subject. While it might not tell you everything, it is definitely a good place to start so that you don't get overwhelmed later when you try to jump into it cold.

It is helpful to know that if you are hearing about this sort of thing, it is likely in either the oil or gas industry, or might be tied into both. People who work in those industries or are hoping to find a job in one of them might want to prime themselves with knowledge about this practice. That way, they won't go in on the first day of work completely clueless about certain terms and processes.

This might sound like a daunting subject to understand, but it is really not all that difficult. All you need to know is that it is a computer model that shows the makeup of a petroleum reservoir. With that information, the analysts can do a whole lot for the people drilling for oil.

One thing that people who work in these fields love is that it makes their work so much more accurate. A large part of these types of jobs involves analyzing and predicting how much oil they are going to get out of the reservoirs. Some of this is an estimation, but a lot of the guesswork can be taken out of it with good modeling.

Planning out the future of a drilling site can be a very complex process. With the right models, it does not have to be so hard. All you really need to do is look at all the facts in a clear and organized way, and discuss it with everyone in charge so that you can make the decisions like where to put the next well, and how and when to scale up production.

Petrophysics is a study in geology that has to do with the way that rocks interact with water and other liquids. This is something that plays a big role both in these models and the oil and gas industries in general. People have learned a lot about the way these rocks react so that it can benefit these industries.

A big part of these analysts' jobs is to look at the findings of the simulations. However, that is by no means the only thing that they look at. Also examined are the historic findings in the area so that the real-life information can be used alongside it as well.




About the Author: