Determination of Technical and Economic Limits for Horizontal Well in Waterflooding Reservoir
Han De-jin
Abstract
Han De-jin
Abstract
Based on real situation of horizontal well development at home and abroad, the variation of horizontal well production is analyzed. And the deduced equations of economic limitation for both well production and OOIP controlled by horizontal wells in early stage of such a development. These equations can be integrated and used to distinguish the economic benefit by horizontal drilling process and make an optimized design of it.
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Based on real situation of horizontal well development at home and abroad, the variation of horizontal well production is analyzed. And the deduced equations of economic limitation for both well production and OOIP controlled by horizontal wells in early stage of such a development. These equations can be integrated and used to distinguish the economic benefit by horizontal drilling process and make an optimized design of it.
Key concepts: Petroleum engineering, Directional drilling, Geology, Drilling, Production (economics), Oil production, Horizontal and vertical, Oil in place