Weatherford's MatBal product provides analysis, evaluation and prediction of the response of hydrocarbon reservoir systems using fundamental material balance principles. The ease with which material balance principles can be applied results in an efficient and cost-effective alternative to more complex and expensive simulation techniques.
What is new for version 2011?
Tabular relative permeability tables for fractional flow
Condensate reservoir-modeling capabilities
Improved solver for transmissibility between reservoirs
How does this tool help improve job performance?
Engineers
Production engineers can:
Estimate the volume of fluids initially present in the reservoir
Estimate the type and size of the aquifer
Examine the effects of changes resulting from produced and injected fluids
Reservoir engineers can perform each stage of a material balance study quickly and efficiently including:
Building an appropriate material balance model
Matching to historical data
Generating production forecasts
Collaborators
Production and reservoir engineers work with practical reservoir descriptions to develop optimum exploitation strategies
