Optimizing Field Development with Petrel-14: A Case Study of the Penobscot Field in Nova Scotia, Canada

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Abstract An optimized field development strategy at the initial stages of any oil and gas project plays a crucial role in achieving a maximized hydrocarbon recovery at minimal cost. It encompasses a broad range of disciplines, including subsurface studies, well and production technology specialists, surface facilities engineering, and economics of the project. This research aims to sketch an optimum field development strategy for the exploratory Penobscot field at offshore Nova Scotia of Canada through a comprehensive geological and geophysical study of the subsurface. Penobscot is considered in this research as it part of the public dataset provided by the Nova Scotia Offshore Petroleum Board (CNSOPB), which includes 2D/3D seismic data, well logs, interpretations, velocity models that are all freely available for academic and research use. The Repeat Formation Testing (RFT) which estimates the formation pressure, permeability, and obtains fluid samples, along with the Neutron-Porosity (NP) log which determine the porosity of a formation by measuring the hydrogen content within the formation are analysed to determine porosity, permeability, and water saturation of the reservoir. The hydrocarbon in place (HIP) is estimated based on these parameters, and the reserve volume is cross-checked with the results derived from RFT. The reservoir model building and development strategies are carried out using Petrel-14 software. Finally, based on the details of the subsurface studies three field development strategies are simulated by using an optimum number of producers and also, if required converting some producers into the injection wells for enhanced oil recovery (EOR). The three simulated development strategies of the field are ‘two producers (existing L-30 and B-41 wells)’, ‘two producers and one injector’, and ‘three producers and one injector’. It is found that out of all the field development strategy with ‘three producers and one injector’ gives an oil production of 3.335 × 10 6 m 3 , gas production of 4.592 × 10 9 m 3 , water production of 3.744 × 10 5 m 3 with a recovery rate of 20.84%, in a cumulative period of 5 years. The petroleum profit for this field development strategy is about $ 82784897.2 which is higher than any of the other strategies.
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Optimizing Field Development with Petrel-14: A Case Study of the Penobscot Field in Nova Scotia, Canada | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research Article Optimizing Field Development with Petrel-14: A Case Study of the Penobscot Field in Nova Scotia, Canada A. K Sahu, P Talukdar This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-7288712/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract An optimized field development strategy at the initial stages of any oil and gas project plays a crucial role in achieving a maximized hydrocarbon recovery at minimal cost. It encompasses a broad range of disciplines, including subsurface studies, well and production technology specialists, surface facilities engineering, and economics of the project. This research aims to sketch an optimum field development strategy for the exploratory Penobscot field at offshore Nova Scotia of Canada through a comprehensive geological and geophysical study of the subsurface. Penobscot is considered in this research as it part of the public dataset provided by the Nova Scotia Offshore Petroleum Board (CNSOPB), which includes 2D/3D seismic data, well logs, interpretations, velocity models that are all freely available for academic and research use. The Repeat Formation Testing (RFT) which estimates the formation pressure, permeability, and obtains fluid samples, along with the Neutron-Porosity (NP) log which determine the porosity of a formation by measuring the hydrogen content within the formation are analysed to determine porosity, permeability, and water saturation of the reservoir. The hydrocarbon in place (HIP) is estimated based on these parameters, and the reserve volume is cross-checked with the results derived from RFT. The reservoir model building and development strategies are carried out using Petrel-14 software. Finally, based on the details of the subsurface studies three field development strategies are simulated by using an optimum number of producers and also, if required converting some producers into the injection wells for enhanced oil recovery (EOR). The three simulated development strategies of the field are ‘two producers (existing L-30 and B-41 wells)’, ‘two producers and one injector’, and ‘three producers and one injector’. It is found that out of all the field development strategy with ‘three producers and one injector’ gives an oil production of 3.335 × 10 6 m 3 , gas production of 4.592 × 10 9 m 3 , water production of 3.744 × 10 5 m 3 with a recovery rate of 20.84%, in a cumulative period of 5 years. The petroleum profit for this field development strategy is about $ 82784897.2 which is higher than any of the other strategies. Development strategies Petrel-14 Reservoir model building Repeat formation testing Well log data Full Text Additional Declarations No competing interests reported. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. Our growing team is made up of researchers and industry professionals working together to solve the most critical problems facing scientific publishing. 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It encompasses a broad range of disciplines, including subsurface studies, well and production technology specialists, surface facilities engineering, and economics of the project. This research aims to sketch an optimum field development strategy for the exploratory Penobscot field at offshore Nova Scotia of Canada through a comprehensive geological and geophysical study of the subsurface. Penobscot is considered in this research as it part of the public dataset provided by the Nova Scotia Offshore Petroleum Board (CNSOPB), which includes 2D/3D seismic data, well logs, interpretations, velocity models that are all freely available for academic and research use. The Repeat Formation Testing (RFT) which estimates the formation pressure, permeability, and obtains fluid samples, along with the Neutron-Porosity (NP) log which determine the porosity of a formation by measuring the hydrogen content within the formation are analysed to determine porosity, permeability, and water saturation of the reservoir. The hydrocarbon in place (HIP) is estimated based on these parameters, and the reserve volume is cross-checked with the results derived from RFT. The reservoir model building and development strategies are carried out using Petrel-14 software. Finally, based on the details of the subsurface studies three field development strategies are simulated by using an optimum number of producers and also, if required converting some producers into the injection wells for enhanced oil recovery (EOR). The three simulated development strategies of the field are \u0026lsquo;two producers (existing L-30 and B-41 wells)\u0026rsquo;, \u0026lsquo;two producers and one injector\u0026rsquo;, and \u0026lsquo;three producers and one injector\u0026rsquo;. It is found that out of all the field development strategy with \u0026lsquo;three producers and one injector\u0026rsquo; gives an oil production of 3.335 \u0026times; 10\u003c/em\u003e\u003csup\u003e\u003cem\u003e6\u003c/em\u003e\u003c/sup\u003e \u003cem\u003em\u003c/em\u003e\u003csup\u003e\u003cem\u003e3\u003c/em\u003e\u003c/sup\u003e, \u003cem\u003egas production of 4.592 \u0026times; 10\u003c/em\u003e\u003csup\u003e\u003cem\u003e9\u003c/em\u003e\u003c/sup\u003e \u003cem\u003em\u003c/em\u003e\u003csup\u003e\u003cem\u003e3\u003c/em\u003e\u003c/sup\u003e, \u003cem\u003ewater production of 3.744 \u0026times; 10\u003c/em\u003e\u003csup\u003e\u003cem\u003e5\u003c/em\u003e\u003c/sup\u003e \u003cem\u003em\u003c/em\u003e\u003csup\u003e\u003cem\u003e3\u003c/em\u003e\u003c/sup\u003e \u003cem\u003ewith a recovery rate of 20.84%, in a cumulative period of 5 years. The petroleum profit for this field development strategy is about $ 82784897.2 which is higher than any of the other strategies.\u003c/em\u003e\u003c/p\u003e","manuscriptTitle":"Optimizing Field Development with Petrel-14: A Case Study of the Penobscot Field in Nova Scotia, Canada","msid":"","msnumber":"","nonDraftVersions":[{"code":1,"date":"2025-08-25 17:58:50","doi":"10.21203/rs.3.rs-7288712/v1","editorialEvents":[{"type":"communityComments","content":0}],"status":"published","journal":{"display":true,"email":"[email protected]","identity":"researchsquare","isNatureJournal":false,"hasQc":true,"allowDirectSubmit":true,"externalIdentity":"","sideBox":"","snPcode":"","submissionUrl":"/submission","title":"Research Square","twitterHandle":"researchsquare","acdcEnabled":true,"dfaEnabled":false,"editorialSystem":"","reportingPortfolio":"","inReviewEnabled":false,"inReviewRevisionsEnabled":true}}],"origin":"","ownerIdentity":"8d618e81-73b5-4c82-9c8e-6d66f4074129","owner":[],"postedDate":"August 25th, 2025","published":true,"recentEditorialEvents":[],"rejectedJournal":[],"revision":"","amendment":"","status":"posted","subjectAreas":[],"tags":[],"updatedAt":"2025-11-02T07:08:30+00:00","versionOfRecord":[],"versionCreatedAt":"2025-08-25 17:58:50","video":"","vorDoi":"","vorDoiUrl":"","workflowStages":[]},"version":"v1","identity":"rs-7288712","journalConfig":"researchsquare"},"__N_SSP":true},"page":"/article/[identity]/[[...version]]","query":{"redirect":"/article/rs-7288712","identity":"rs-7288712","version":["v1"]},"buildId":"XKTyCvWXoU3ODBz1xrDgd","isFallback":false,"isExperimentalCompile":false,"dynamicIds":[84888],"gssp":true,"scriptLoader":[]}

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