Xinjiang Petroleum Geology ›› 2020, Vol. 41 ›› Issue (4): 430-434.doi: 10.7657/XJPG20200407

• RESERVOIR ENGINEERING • Previous Articles     Next Articles

A Modified Multi-Cycle Model for Predicting Productions of Oil and Gas Fields

WANG Jianliang1a,1b(), LIU Rui1a, FENG Lianyong1a, YU Xiangchun2   

  1. 1. China University of Petroleum, a.School of Economics and Management; b.Research Center for China’s Oil and Gas Industry Development, Beijing 102249, China;
    2. Zhundong Oil Production Plant, Xinjiang Oilfield Company, PetroChina, Fukang, Xinjiang 831511, China
  • Received:2019-10-14 Revised:2020-05-08 Online:2020-08-01 Published:2020-08-05

Abstract:

Life-cycle models are the main methods for production prediction in oil and gas fields, and the number of life (production) cycles in these models has significant influences on forecast results. Previous studies usually determine the number of production cycles based on the trend of production curve or important events occurring at a certain time, which tends to result in an inaccurate forecast result. The generalized Weng’s model is chosen as a base model since it is one of the most widely-used life-cycle models, a modified multi-cycle generalized Weng’s model is then established to quantitatively determine the number of cycles in oil and gas fields’ production prediction, aiming at improving the prediction performance of the model. The modified model is used to predict the production of Daqing oilfield and the results show that the modified model can present a better fit than a single-cycle model and conventional multi-cycle models. Meanwhile, the modified model can give similar forecast results to those models with more production cycles, avoiding the addition of forecast time, which has proved the validity of the modified model and provided a new idea for production prediction in oil and gas fields.

Key words: oil and gas field, production prediction, single-cycle model, multi-cycle model, generalized Weng’s model, Daqing oilfield

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