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The "Aegis" Field (a pseudonym) was a legend in the offshore arena. Discovered decades ago, it had produced over a billion barrels of oil through primary depletion and water flooding. But by the 2010s, the story was changing. Water cuts were soaring above 90%, and production was in a steep decline. With significant oil still in place, the operator faced a critical decision: initiate a costly decommissioning process or find a way to breathe new life into this mature giant. They chose the latter, with reservoir simulation as their guiding light.
The Aegis Field presented a formidable challenge. Its complex faulted structure and varying rock qualities had led to uneven water sweep, leaving behind numerous bypassed oil zones. A traditional infill drilling campaign was considered too risky—drilling a multi-million dollar offshore well into a small, isolated pocket was not economically viable.
The proposed solution was a miscible gas injection EOR scheme, using readily available gas from a nearby field. However, key questions threatened the project:
Where should we inject the gas to maximize contact with the bypassed oil?
How could we control early gas breakthrough, a common pitfall that renders such projects ineffective?
Was the project economically feasible given the high offshore costs?
The project team embarked on building the most detailed reservoir simulation model of the Aegis Field to date. They integrated 30 years of production history, 4D seismic data, and advanced logs from recent wells.
History Matching: The model was first rigorously history-matched, ensuring it could accurately replicate three decades of field performance. This built confidence that the model was a true representation of the subsurface.
EOR Scenario Modeling: With a validated model, engineers simulated dozens of gas injection scenarios. They tested different well locations (including re-using existing producers as injectors), various injection rates, and WAG schemes.
The Breakthrough Insight: The simulation revealed a crucial insight: instead of a few large injectors, a distributed network of lower-rate injectors targeting specific, unswept fault blocks would be far more effective. The model predicted that this approach would significantly improve sweep efficiency and delay gas breakthrough by over 18 months compared to the base-case design.
Guided by the simulation results, the operator approved a phased EOR implementation.
Increased Recovery: The simulation forecast an incremental recovery of 120 million barrels of oil, extending the field's life by 15 years.
Reduced Risk: The "distributed injection" strategy minimized the risk of catastrophic early gas breakthrough, protecting the valuable offshore processing facilities.
Optimized CAPEX: The model identified three existing wells that could be converted to injectors, saving an estimated $150 million in new drilling costs.
Improved NPV: The entire project economics were built on the reliable production forecasts from the simulation, giving management and partners the confidence to sanction the $1.2 billion project.
The success at the Aegis Field is a powerful testament to the value of modern reservoir simulation. It moved the project from a concept plagued by uncertainty to an executable, profitable plan. For operators of other mature offshore assets, this case study offers a clear blueprint: a high-fidelity digital twin, calibrated with rich historical data, is the key to unlocking the next chapter of production. It is no longer just a tool for engineers; it is the strategic compass for maximizing the value of our existing resources.
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