Integrated Waterflood Asset Management

Book excerpt: Waterflooding is one of the most important methods of improving recovery from oil reservoirs. With the economic uncertainty of various enhanced oil recovery techniques (due to oil price instability) waterflooding optimization is more significant than ever. This book provides a thorough understanding of the practical approach to waterflood asset management. It uses multidisciplinary integrated teams and resource management practices to enhance hydrocarbon recovery and maximize profitability. Satter and Thakur are co-authors of PennWell Books' bestseller, Integrated Reservoir Management: A Team Approach. Readers Will Learn: the fundamentals of waterflood management and multidisciplinary technology; the team approach to management through real-life examples; and the integration of engineering, geology and geophysics with operations, research, economics, and legal/environmental processes for effective waterflood asset management.