Chapter 20. Reservoir Management
20.1 Introduction
Reservoir management is a term which can be described as consisting of operational plans or strategies, based on analyses of current geologic, reservoir, and production data, designed to optimize the development and exploitation of a reservoir with the goal of achieving the maximum efficient and economic recovery of its hydrocarbons. The most important ingredient necessary for the creation of sound reservoir management strategies is the collection and analyses of key geologic, reservoir, and performance data.1 For this reason, this book has emphasized in previous chapters, the importance of collection and analyses of basic geologic, rock, fluid properties and reservoir production data, the ...
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