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Issue:ISSN 1006-5539
          CN 51-1183/TE

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    Your Position :Home->Past Journals Catalog->2023 Vol.4

    Evaluation of economic benefits of heavy oil development in Tahe Oilfield
    Author of the article:QIN Fei1, WANG Xiwen2, DING Baodong1, CAO Chang1, GAO Chenhao2, GUO Jixiang2
    Author's Workplace:1. Petroleum Engineering Technology Research Institute, Sinopec Northwest Oilfield Company, Urumqi, Xinjiang, 830011, China; 2. Institute of Unconventional Oil and Gas Science and Technology, China University of Petroleum (Beijing), Beijing, 102249, China
    Key Words:Tahe Oilfield; Wellbore fluid viscosity reduction; Economic evaluation; Heavy oil development
    Abstract:Tahe Oilfield reservoir is characterized by“two super and three high”(super deep, super thick, high gum asphaltene, high salinity, high hydrogen sulfide), which makes production and development very difficult. After many years of production practice in Tahe Oilfield, several kinds of wellbore viscosity reduction technology have been tested and applied on the basis of dilution and viscosity reduction technology, but the economic benefits after application are still unclear. In order to improve the project economics of heavy oil field development projects and improve the scientific understanding of the applied technology, an economics evaluation model using the ratio of input versus output as the evaluation index was established to analyze the economic benefits on a typical block of Tahe Oilfield after the application of wellbore fluid viscosity reduction technology. This was done by comparing the characteristics of wellbore fluid after application of viscosity reduction technology with the frontline production data of Tahe Oilfield. Through the evaluation and discussion of the application effect and economic benefits of wellbore fluid viscosity reduction technology in Tahe Oilfield, it is shown that the application effect and economic benefits of heating using mineral insulated cable and watersoluble and oil-soluble chemical viscosity reduction are relatively significant. The study findings provide valuable references for the effective development of heavy oil reserves.
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