Oilfield services company Schlumberger has launched a new well and reservoir analysis software OFM to enable early detection and diagnosis of production problems
According to the company, OFM well and reservoir analysis software offers production surveillance views and production forecasting tools to manage and improve oil and gas field performance throughout the entire life cycle.
“Waterflood patterns can also be defined from production and reservoir data using the OFM streamline option. When combined with pressure data and PVT algorithms, reservoir volumes can be determined and further diagnostics can be carried out with different diagnostic plots,” added Schlumberger.
Waterflooding is the use of water injection to increase the production from oil reservoirs.
A company official said, “OFM software allows upstream business to view, relate and analyse reservoir and production data with comprehensive workflow tools, such as interactive base maps with production trends, bubble plots, diagnostic plots, decline curve analysis and type curve analysis.”
The OFM application also allows to connect to data quickly, wherever it may be located — spreadsheets, databases or other repositories. It also acts as a single point of analysis for reservoir and production engineers to collaborate and manage more wells in less time, noted the official.
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