Abstract: A method, apparatus and program product utilize an analytical reservoir simulator to perform inflow simulation for a node during nodal analysis in a multi-well petroleum production system. By doing so, time-lapse nodal analysis may be performed of a transient production system in a multi-well context, often taking into account production history and the transient behavior of a reservoir system. Moreover, in some instances, an interference effect from different wells in a multi-well production system may be considered, and in some instances nodal analysis may be performed simultaneously for multiple wells. Multi-layer nodal analysis may also be performed in some instances to account for the pressure loss in a wellbore between multiple layers.

Abstract: A system and method for controlling an advancing water front in a reservoir toward a wellbore is provided. The system has a production control unit. The production control unit has a reservoir unit for producing a reservoir model and a production path unit for producing a production path model that determines at least one pressure parameter about the wellbore during a life of the wellbore. The production control unit has a production optimizer unit for producing a well plan that optimizes a function of the wellsite. The production control unit may be for controlling an advancing fluid front in the reservoir with at least one control device, and wherein a production path is constructed based on the well plan.

Abstract: A system and method for performing an adaptive drilling operation is provided. The method involves obtaining data prior to drilling, constructing a base model with a base model unit from data obtained prior to drilling, constructing an overburden posterior model with an overburden model unit using the base model and data obtained from overburden drilling, constructing a reservoir posterior model with a reservoir model unit using the overburden posterior model and the data obtained from reservoir drilling and updating drilling operation based on the models.

Abstract: A method, apparatus and program product utilize an analytical reservoir simulator to perform inflow simulation for a node during nodal analysis in a multi-well petroleum production system. By doing so, time-lapse nodal analysis may be performed of a transient production system in a multi-well context, often taking into account production history and the transient behavior of a reservoir system. Moreover, in some instances, an interference effect from different wells in a multi-well production system may be considered, and in some instances nodal analysis may be performed simultaneously for multiple wells. Multi-layer nodal analysis may also be performed in some instances to account for the pressure loss in a wellbore between multiple layers.

Abstract: A system and method for controlling an advancing water front in a reservoir toward a wellbore is provided. The system has a production control unit. The production control unit has a reservoir unit for producing a reservoir model and a production path unit for producing a production path model that determines at least one pressure parameter about the wellbore during a life of the wellbore. The production control unit has a production optimizer unit for producing a well plan that optimizes a function of the wellsite. The production control unit may be for controlling an advancing fluid front in the reservoir with at least one control device, and wherein a production path is constructed based on the well plan.

Abstract: A method is disclosed for modeling a first reservoir while drilling a wellbore into a corresponding second reservoir, the first reservoir having a plurality of stations, comprising: determining a plurality of values of net present value corresponding, respectively, to the plurality of stations of the first reservoir; and drilling the wellbore into the corresponding second reservoir in accordance with the plurality of values of net present value.

Abstract: A system and method for performing an adaptive drilling operation is provided. The method involves obtaining data prior to drilling, constructing a base model with a base model unit from data obtained prior to drilling, constructing an overburden posterior model with an overburden model unit using the base model and data obtained from overburden drilling, constructing a reservoir posterior model with a reservoir model unit using the overburden posterior model and the data obtained from reservoir drilling and updating drilling operation based on the models.

Abstract: A method is disclosed for modeling a first reservoir while drilling a wellbore into a corresponding second reservoir, the first reservoir having a plurality of stations, comprising: determining a plurality of values of net present value corresponding, respectively, to the plurality of stations of the first reservoir; and drilling the wellbore into the corresponding second reservoir in accordance with the plurality of values of net present value.