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| Development Optimization for a Typical Carbonate Reservoir in the Middle East |
| Wei Chenji, Yang Jian, Liu Shuangshuang, Li Zhengzhong, Lou Yuankeli |
| PetroChina Research Institute of Petroleum Exploration & Development |
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Abstract Belt and Road initiative is a very important strategy for Chinese companies to cooperate with foreign ones.The Middle East is a region that contains abundant oil and gas resources. Meanwhile, many countries in the Middle East support and join in the Belt and Road initiative. Since oil and gas resources are of vital significance for Chinese industry,the cooperation in oil and gas with countries in the Middle East is an important part in ‘Belt and Road’ initiative. CNPC began its overseas business from the year 1993 and now it keeps cooperating with many countries in the Middle East. UAE has a large amount of oil and gas reserves and after evaluation, CNPC became the shareholder of ADNOC Onshore and gained 8% of the stocks.In order to improve the development effect, ADNOC appointed several international oil companies as asset leaders for four assets. As a reward, each asset leader can have more income and less tax. As a result, CNPC decided to compete for NEB asset leader with other international oil companies. After analyzing the current development plan, our group conducted the optimization scheme for NEB asset that can help improve the current situation and enhance oil recovery.The optimization scheme is divided into three steps. First is the establishment of effective drainage system.Second is to control water cut and GOR. Third is to enhance oil recovery factor based on first two steps. After discussion with the research group of ADNOC, they admitted that our strategy can solve the problems. Finally, CNPC obtained the asset leader, and has more impact on UAE oil and gas industry since then.
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Published: 17 November 2022
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2019, Vol. 26 
