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Brief: Our Client required a model to enable #forecasting of #field recoveries from planned #redevelopment. ā
ā¢ Belltree #Advisory team developed fully history matched material balance model for two complex #onshore water-flooded fields.ā
ā¢ #bMarkā¢ Recovery Factor (RF%) benchmarking assessed if recoveries from the material balance models were reasonable vs analogues ā
ā¢ Ultimately, Results were found to be on trend with a number of other onshore #Egyptian assets. ā
ā¾ About #bMarkā¢
bMarkā¢ software is a powerful tool that provides technical assurance in planned #redevelopment projects by benchmarking the recoveries from #materialbalance models against #analogues. This allows engineers to assess whether the expected recoveries are reasonable, which can greatly improve the accuracy and reliability of the models. Book yourself a demo here: Belltree
By using bMark’s RF% #benchmarking feature, engineers can compare the performance of their models against historical data from similar #reservoirs. This helps to identify any potential discrepancies or inconsistencies in the models, allowing engineers to make adjustments and improvements to ensure that the planned #redevelopment project is technically sound. In addition, bMarkā¢ allows engineers to quickly and easily assess the #feasibility of different strategies and scenarios.
Overall, bMarkā¢Ā software is an invaluable tool for engineers working on planned redevelopment projects. which can help to maximizeĀ #recoveryĀ rates and optimize the performance ofĀ #oilandgasĀ fields. REQUEST A DEMO, HERE šØ Start Trial
