Estimation of Oil Recovery Factor for the Bouri field in Libya

Abstract

Accurately estimating Recovery is pivotal to optimizing production strategies and maximizing economic returns in mature fields such as the Bouri Field. This study employs three methodologies: Volumetric, Material Balance Equation (MBE) utilizing MBAL software, and Decline Curve Analysis (DCA) to evaluate Recovery Factor with minimized estimation errors. Each method offers unique insights into reservoir characteristics, production history, and fluid dynamics, contributing to a comprehensive assessment of potential enhancements in oil recovery. By integrating these approaches, this study aims to identify the most effective strategy for predicting future production profiles and optimizing field development. Comparative analysis of results and evaluation of the uncertainties associated with each method will provide robust recommendations for achieving maximum oil-recovery efficiency at Bouri Field.