Reservoir simulation

Condensate Banking Analysis Optimizes Reservoir Development in Permian Basin

This paper presents a specialized workflow that aims to quantify the severity of condensate banking and subsequently optimize reservoir development strategies for a deep formation in the Permian Basin.

Fig. 1—Flow chart of the integrated simulation workflow.
Fig. 1—Flow chart of the integrated simulation workflow.
Source: URTeC 4044947.

In the context of unconventional reservoir development, the issue of condensate banking—a factor contributing to reduced productivity in gas condensate reservoirs when the reservoir pressure falls below the dewpoint pressure—poses a constant concern. Before implementation of any mitigation strategies, it is prudent to assess the potential of condensate banking in the future, based on the limited early production data. A specialized workflow was devised for a deep formation in the Permian Basin. This workflow aims to quantify the severity of condensate banking and subsequently optimize reservoir development strategies.

Introduction

Well A represents a single appraisal well situated within deep formations of the Permian Basin.

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