Reservoir Engineering & Characterization

29 June 2024

Cost: $5,000.00 - $100,000.00

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Description of Service

We Deliver Value At Every Stage Of Reservoir Development

NuTech provides development solutions to optimize field development, end-to-end.

We integrate dynamic field data along with our reservoir characterization to provide history matching and forecasting solutions. This typically involves the creation of fit for purpose dynamic models. Dynamic modeling is a rigorous industry best practice methodology capable of capturing complex reservoir behavior. It is the foundation of a structured approach to sound decision making that integrates all known engineering data for the benefit of reservoir development.

Our models include conventional and unconventional reservoirs to determine the location, well type, hydraulic stimulation and completion specifics that generate an optimal development plan. The models are also used to determine the impact of changing the field recovery process such as the application of secondary recovery and/or EOR processes including CO2 injection and storage.

Our forecasts are the main input to economical modeling which then highlights the development plan with the best return on capital.

The current capabilities are:

Conventional and unconventional 3D dynamic reservoir modeling including hydraulic fracturing
Parent-child interference modeling with GOHFER-Petrel-CMG integration
Black oil or compositional modeling to accurately simulate CO2 injection

Quick Stats:

10'S Of Thousands Wells analyzed in our data library. And counting.
1,600 Mapped and processed logs available immediately from our area studies.
8,000 Wolfcamp wells analyzed.
1,500 Eagle Ford wells analyzed.
30 Percent of wells processed have been unconventional.
256 Completed 3D reservoir characterization studies.
40,000 Core samples used to develop our petrophysical models.

What You Will Get From Purchasing This Professional Service. Deliverables

End-to-end reservoir engineering solutions.

Duration To Complete Service. How Long Before Service Is Completed

1-8 weeks

About NUTECH

The intel gathered and shared by our unique, integrated process and one-of-a-kind team of experts informs the entire life cycle of an asset. Having analyzed nearly 100,000 wells for more than 500 clients in every major play in the world, no one can provide a clearer picture of an asset’s value.

A privately-owned, comprehensive global oilfield services company, NuTech was founded in 1998 by ex-Schlumberger and Numar/Halliburton executives who pioneered Nuclear Magnetic Resonance research and development.

Skills and Expertise

Upstream Oil & Gas
Core Analysis Facilities Production Operations Services Geomechanics Reservoir Completions Drilling Geology Geophysics Petrophysics Simulation Well Testing Coiled Tubing Log Analysis Formation Evaluation Enhanced Oil Recovery (EOR) Hydraulic Fracking Artificial Lift Wireline Data Mud logging Project Management