NUMERICAL APPROACH TO ANALYSE INCREMENTAL OIL

ABSTRACT

Technically, the performance of any successful enhanced oil recovery (EOR) project is given by the amount of incremental oil achieved from it. This paper adapted the Simpson rule and trapezoidal rule in predicting the incremental oil from successful enhanced oil recovery processes (Olaoye & Taiwo, 2022). Incremental oil values of Enhanced Oil Recovery projects have been obtained in the past using the Trapezoidal rule and Simpsons rule, with both former posing approximates the area under a curve with a straight line segment. This has substantially undermined the accuracy and significance of the incremental oil values obtained by these methods. In this work, Simpson Rule and Trapezoidal Rule were applied to the respective rate-time data and the concept of finite difference was introduced to account for the error term. Experimental data was used for the analysis ( Olaoye, Taiwo, & olafuyi, 2022). Result showed a more accurate predictions of Incremental oil by the as compared to Trapezoidal rule and Decline curve. Since, incremental oil values rightly measures the success of any EOR project by estimating accurate volumes of oil produced via such displacement mechanism, it imply that adopting the Natural trapezoidal and Simpson Rule will aid better estimations of the economic values of projects and effective management decision making (Olaoye, Taiwo, & olafuyi, 2022).