Key Technical Features for MatBal^® Software

• Full history matching and reservoir production forecasting capabilities
• History matching using linear regression (straight line fits to the classic material balance equations) or non-linear regression
• Reservoir production forecasting at reservoir or well level, production can be controlled using a choice of rate or pressure schedules at reservoir, well or manifold level
• Suitable for oil, condensate, dry/wet gas, and volatile oil reservoirs
• Choice of aquifer geometries and models
• Tabular PVT data for each reservoir
• Well modeling based on inflow performance relationships (IPRs) and vertical flow performance (VFP) tables
• Well modeling and PVT data can be imported from WellFlo^®, alternatively, this data can be supplied from other applications
• Integration with ReO^® and ReO Forecast™ for asset wide production forecasting and optimization

The application has an up-to-date, easy-to-use interface designed to streamline all stages of a material balance analysis.

The program is integrated with other Weatherford production engineering products. PVT data, well models and performance information can be directly imported from WellFlo software. The application is also integrated with ReO Forecast software to form part of an application suite that allows the modeling of hydrocarbon production systems from reservoir to delivery point through full field surface network optimizer.