Production Forecasting

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Optimize your resources

Shreem Petrochem specializes in oil well production forecasting and optimization, helping operators maximize recovery while minimizing operational risks. Our team combines historical production data, reservoir characteristics, and well performance metrics to predict future output accurately. Using industry-standard software such as Eclipse, CMG, and OFM, we simulate reservoir behavior, evaluate decline trends, and test enhanced oil recovery scenarios. Methodologies include decline curve analysis, material balance modeling, reservoir simulation, and real-time data integration from SCADA and IoT sensors. Optimization strategies focus on adjusting production rates, artificial lift parameters, and injection schedules to enhance recovery efficiency. By integrating predictive analytics with geological, petrophysical, and operational data, Shreem Petrochem provides actionable insights for well interventions, reservoir management, and field development planning. Our approach ensures informed decision-making, reduced downtime, and improved profitability across oil and gas assets.

Our Services

Eclipse

Eclipse reservoir simulation requires comprehensive input data for accurate modeling. Key inputs include reservoir properties such as porosity, permeability, and fluid saturations, along with geological structures and fault definitions. Production and injection well data, pressure and temperature history, and PVT (Pressure-Volume-Temperature) properties of hydrocarbons are essential. Additional inputs like relative permeability, capillary pressures, and operational constraints enable precise forecasting, reservoir management, and optimization of oil and gas production strategies

HC - PVT HISTORY

At Shreem Petrochem, PVT (Pressure-Volume-Temperature) data is crucial for understanding fluid behavior in reservoirs. PVT properties include formation volume factor, viscosity, gas-oil ratio, and bubble point pressure, which influence production forecasting and reservoir simulation. These properties are obtained from laboratory analysis of reservoir fluid samples through separator tests, constant-composition expansion, and differential liberation experiments. Integrating PVT data with reservoir models ensures accurate predictions of fluid flow, well performance, and optimized hydrocarbon recovery.

Declining Curve

At Shreem Petrochem, decline curve analysis (DCA) is used to forecast oil and gas well production. Methods include exponential, hyperbolic, and harmonic decline models. Key inputs required are historical production rates, cumulative production, and production time. By analyzing trends in well performance, DCA helps estimate reserves, predict future output, and optimize production strategies. Integrating DCA with reservoir properties and operational data enables informed decision-making for efficient field development and enhanced hydrocarbon recovery.

Well Perforamce Metrics

Well performance metrics are essential to monitor and optimize hydrocarbon production. Key metrics include production rates (oil, gas, water), flowing and bottomhole pressures, drawdown, productivity index, water cut, and gas-oil ratio. These parameters, combined with historical production data and reservoir characteristics, help assess well efficiency, identify underperforming wells, and plan interventions. Monitoring and analyzing these metrics enable our team to enhance recovery, reduce downtime, and optimize field development strategie

Industry-Standard Software

To deliver reliable and accurate results as well as to ensure the highest quality of results tailored to our clients’ needs, we utilize industry-standard simulation software, including

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Petrel

A comprehensive platform for subsurface interpretation and modelling, facilitating seamless integration of geological and engineering data. Integrated platform for subsurface data interpretation and static modelling.

Eclipse

The industry-reference reservoir simulator offering a complete range of numerical solutions for accurate prediction of dynamic reservoir behaviour. Proven black oil and compositional simulator for complex reservoir simulations.

CMG Suite

A collection of advanced reservoir simulation tools designed for modelling complex geological formations and fluid behaviours, and an advanced tools for thermal, compositional, unconventional, and chemical EOR simulations.

T-Nav

A robust simulator known for its efficiency in handling large-scale reservoir models and complex simulation scenarios. High-performance parallel simulation engine for large-scale dynamic models and real-time field development analysis.

Other Services

In addition to core reservoir simulation, we also offer a wide range of geoscientific services, including

Well log interpretation and petrophysical analysis

Seismic data integration and inversion

Structural and stratigraphic mapping

Volumetric estimation and uncertainty analysis

Reservoir surveillance and decline curve analysis

Field development planning and optimization

Support for reserve audits and technical documentation

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Why Choose Us?

Our team comprises seasoned reservoir engineers, technologist and geoscientists dedicated to delivering tailored solutions that address the unique challenges of each reservoir. We leverage state-of-the-art technologies and methodologies to ensure our clients receive accurate, actionable insights that drive success.​

By incorporating these industry-standard tools into our workflows, Shreem Petrochem ensures that our reservoir simulation services are both reliable and customized to meet the specific requirements of our clients.

Solutions

Reservoir Simulation Overview

Reservoir simulation models subsurface behavior, optimizing oil and gas extraction by predicting fluid flow, pressure, and reservoir performance over time. It enables efficient resource recovery, reduces costs, supports risk management, and informs critical economic and environmental decisions in the industry.

Reservoir Simulation Training

Reservoir simulation training builds expertise in fluid flow analysis, reservoir behavior, and modern recovery methods. Participants gain practical skills in Petrel, CMG, Eclipse, and other platforms, supporting optimal production and decision-making. Detailed course information is available on our training page for further exploration.

Geoscience

Geoscience and modelling integrate geological, geophysical, and reservoir data to create accurate subsurface models, predicting fluid flow, supporting exploration, development, and production planning. This enhances understanding of reservoir behavior, reduces exploration risks, and improves resource management in oil and gas operations

Subsurface Consulting & Modeling

Subsurface consulting integrates geology, geophysics, and reservoir engineering to evaluate, model, and optimize hydrocarbon recovery efficiently.

Production Forecast & Optimize

Reservoir simulation reporting tools analyze model results, visualize performance, validate scenarios, and finalize development optimization strategies.

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