Mature fields

Use of Modern Reservoir Characterization in Mature Fields To Unravel Hidden Reserves

This paper discusses the successful, fully integrated, 3D Earth modeling (EM) and dynamic reservoir simulation of the Hollin Formation in the Lago Agrio Field within an operator’s first producer field in Ecuador.

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This paper discusses the successful, fully integrated, 3D Earth modeling (EM) and dynamic reservoir simulation of the Hollin Formation in the Lago Agrio Field within an operator’s first producer field in Ecuador. Early feedback of reservoir heterogeneity helped in understanding key reservoir issues and developing the methods undertaken to solve various problems. The implementation of cutting-edge reservoir-modeling techniques contributed to improving production rates and enhancing recovery.

Available Data

Lago Agrio has features of a mature field: more than 43 years of production history, 75% of extracted official reserves P1 and P2 (quantified by the operating company), and a declination from plateau production of 31%, along with a steady decline of the field. New drilling and the workover of existing wells during the reservoir productive life have not been able to increase production.

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