New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirs
Nearly abandoned heavy oil reservoirs present significant challenges for effective reserve utilization using conventional development methods. In-situ combustion technology emerges as a promising solution to enhance recovery from such reservoirs, although its widespread adoption is hindered by high...
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| Format: | Article |
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Editorial Department of Petroleum Reservoir Evaluation and Development
2024-06-01
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| Series: | Youqicang pingjia yu kaifa |
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| Online Access: | https://red.magtech.org.cn/fileup/2095-1426/PDF/1720587867247-1446780625.pdf |
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| author | ZHENG Yiqiong, ZHANG Tao, LIU Haiying, RUAN Conghui, ZOU Shuai |
| author_facet | ZHENG Yiqiong, ZHANG Tao, LIU Haiying, RUAN Conghui, ZOU Shuai |
| author_sort | ZHENG Yiqiong, ZHANG Tao, LIU Haiying, RUAN Conghui, ZOU Shuai |
| collection | DOAJ |
| description | Nearly abandoned heavy oil reservoirs present significant challenges for effective reserve utilization using conventional development methods. In-situ combustion technology emerges as a promising solution to enhance recovery from such reservoirs, although its widespread adoption is hindered by high investment costs and economic inefficiencies. This study employs a break-even model and sensitivity analysis within a volume-cost-benefit framework to explore the equilibrium between oil production costs and revenues under varying oil price scenarios from a multidimensional operational perspective. This approach clarifies the critical economic indices of fire-flooding operations and aims to optimize production operations and decision-making effectiveness. The findings reveal significant gaps in pre- and post-operation understanding of the reservoir, where inputs often surpass outputs, coupled with a lack of clear control strategies. These factors contribute to the low cost-effectiveness of in-situ combustion and insufficient grasp of sustained development and operational risks, ultimately impacting investment decisions in reservoir development. The study not only directs improvements in operational efficiency for in-situ combustion but also offers technical support and introduces new management strategies for the effective development of nearly abandoned heavy oil reservoirs. |
| format | Article |
| id | doaj-art-1316beb8a45f42049ec5c2e6a4c653ba |
| institution | OA Journals |
| issn | 2095-1426 |
| language | zho |
| publishDate | 2024-06-01 |
| publisher | Editorial Department of Petroleum Reservoir Evaluation and Development |
| record_format | Article |
| series | Youqicang pingjia yu kaifa |
| spelling | doaj-art-1316beb8a45f42049ec5c2e6a4c653ba2025-08-20T02:03:05ZzhoEditorial Department of Petroleum Reservoir Evaluation and DevelopmentYouqicang pingjia yu kaifa2095-14262024-06-0114350450910.13809/j.cnki.cn32-1825/te.2024.03.020New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirsZHENG Yiqiong, ZHANG Tao, LIU Haiying, RUAN Conghui, ZOU Shuai01. Research Institute of Exploration and Development, Xinjiang Oilfield Company, PetroChina, Karamay, Xinjiang 834000, China;2. School of Economics and Management, China University of Petroleum（East China）, Qingdao, Shandong 266580, ChinaNearly abandoned heavy oil reservoirs present significant challenges for effective reserve utilization using conventional development methods. In-situ combustion technology emerges as a promising solution to enhance recovery from such reservoirs, although its widespread adoption is hindered by high investment costs and economic inefficiencies. This study employs a break-even model and sensitivity analysis within a volume-cost-benefit framework to explore the equilibrium between oil production costs and revenues under varying oil price scenarios from a multidimensional operational perspective. This approach clarifies the critical economic indices of fire-flooding operations and aims to optimize production operations and decision-making effectiveness. The findings reveal significant gaps in pre- and post-operation understanding of the reservoir, where inputs often surpass outputs, coupled with a lack of clear control strategies. These factors contribute to the low cost-effectiveness of in-situ combustion and insufficient grasp of sustained development and operational risks, ultimately impacting investment decisions in reservoir development. The study not only directs improvements in operational efficiency for in-situ combustion but also offers technical support and introduces new management strategies for the effective development of nearly abandoned heavy oil reservoirs.https://red.magtech.org.cn/fileup/2095-1426/PDF/1720587867247-1446780625.pdf|nearly abandoned heavy oil reservoir|in-situ combustion technology|beneficial enhancement|quantitative cost benefit analysis|decision optimization |
| spellingShingle | ZHENG Yiqiong, ZHANG Tao, LIU Haiying, RUAN Conghui, ZOU Shuai New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirs Youqicang pingjia yu kaifa |nearly abandoned heavy oil reservoir|in-situ combustion technology|beneficial enhancement|quantitative cost benefit analysis|decision optimization |
| title | New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirs |
| title_full | New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirs |
| title_fullStr | New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirs |
| title_full_unstemmed | New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirs |
| title_short | New strategies of beneficial development of in-situ combustion in nearly abandoned heavy oil reservoirs |
| title_sort | new strategies of beneficial development of in situ combustion in nearly abandoned heavy oil reservoirs |
| topic | |nearly abandoned heavy oil reservoir|in-situ combustion technology|beneficial enhancement|quantitative cost benefit analysis|decision optimization |
| url | https://red.magtech.org.cn/fileup/2095-1426/PDF/1720587867247-1446780625.pdf |
| work_keys_str_mv | AT zhengyiqiongzhangtaoliuhaiyingruanconghuizoushuai newstrategiesofbeneficialdevelopmentofinsitucombustioninnearlyabandonedheavyoilreservoirs |