Simulate reservoirs effectively to extract the maximum oil, gas and profit, with this book and free simlation software on companion web site.

The hottest, most important topic to reservoir engineers is reservoir simulation. Reservoir simulations are literally pictures of what a reservoir of oil or gas looks, or should look, like under the surface of the earth. A multitude of tools is available to the engineer to generate these pictures, and, essentially, the more accurate the picture, the easier the engineer can get the product out of the ground, and, thus, the more profitable the well will be. Completely revised and updated throughout, this new edition of a GPP industry standard has completely new sections on coalbed methane, CO2 sequestration (important for environmental concerns), Co2 Flood, more sophisticated petrophysical models for geoscientists, examples of subsidence, additional geomechanical calculations, and much more. What makes this book so different and valuable to the engineer is the accompanying software, used by reservoir engineers all over the world every day. The new software, IFLO (replacing WINB4D, in previous editions), is a simulator that the engineer can easily install in a Windows operating environment. IFLO generates simulations of how the well can be tapped and feeds this to the engineer in dynamic 3D perspective. This completely new software is much more functional, with better graphics and more scenarios from which the engineer can generate simulations. This book and software helps the reservoir engineer do his or her job on a daily basis, better, more economically, and more efficiently. Without simulations, the reservoir engineer would not be able to do his or her job at all, and the technology available in this product is far superior to most companies’ internal simulation software. It is also much less expensive ($89.95 versus hundreds or even thousands of dollars) than off-the-shelf packages available from independent software companies servicing the oil and gas industry. It is, however, just as, or more accurate than these overpriced competitors, having been created by a high-profile industry expert and having been used by engineers in the real world with successful and profitable results. This reference is THE industry standard to successfuly modelling reservoirs, obtaining maximum supply and profiting from oil and gas reservoirs Includes dowloadable software of the new IFLO reservoir simulation software, that can save your company thousands of dollars This edition has been updated to included new sections on environmentally important issues such as CO2 sequestration, coalbed methane, CO2 Flood The third edition also provides more sophisticated petrophysical models, examples of subsidence and additional geomechanical calculations

Presents numerical methods for reservoir simulation, with efficient implementation and examples using widely-used online open-source code, for researchers, professionals and advanced students. This title is also available as Open Access on Cambridge Core.

Fundamentals of Applied Reservoir Engineering introduces early career reservoir engineers and those in other oil and gas disciplines to the fundamentals of reservoir engineering. Given that modern reservoir engineering is largely centered on numerical computer simulation and that reservoir engineers in the industry will likely spend much of their professional career building and running such simulators, the book aims to encourage the use of simulated models in an appropriate way and exercising good engineering judgment to start the process for any field by using all available methods, both modern simulators and simple numerical models, to gain an understanding of the basic 'dynamics' of the reservoir –namely what are the major factors that will determine its performance. With the valuable addition of questions and exercises, including online spreadsheets to utilize day-to-day application and bring together the basics of reservoir engineering, coupled with petroleum economics and appraisal and development optimization, Fundamentals of Applied Reservoir Engineering will be an invaluable reference to the industry professional who wishes to understand how reservoirs fundamentally work and to how a reservoir engineer starts the performance process. Covers reservoir appraisal, economics, development planning, and optimization to assist reservoir engineers in their decision-making. Provides appendices on enhanced oil recovery, gas well testing, basic fluid thermodynamics, and mathematical operators to enhance comprehension of the book’s main topics. Offers online spreadsheets covering well test analysis, material balance, field aggregation and economic indicators to help today’s engineer apply reservoir concepts to practical field data applications. Includes coverage on unconventional resources and heavy oil making it relevant for today’s worldwide reservoir activity.