Publisher's Synopsis
Reservoir management is fundamental to the efficient and responsible means of extracting hydrocarbons, and maximising the economic benefit to the operator, licence holders, and central government. All stakeholders have a social responsibility to protect the local population and environment. The process of managing an oil or gas reservoir begins after discovery and continues through appraisal, development, production and abandonment; there is cost associated with each phase and a series of decision gates should be in place to ensure that an economic benefit exists before progress is made. This book is designed as a guide for non-specialists involved in the process of reservoir management, which is often treated as a task for reservoir engineers alone: it is a task for all the disciplines involved in turning a exploration success into a commercial asset.