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LaTeX Math Block
anchorFKDT3
alignmentleft
r_e = 0.28 \ \frac{ \sqrt{

\Big( \frac{k_{\perp 2}}{k_{\perp 1}}  \Big)^{1/2} D_{\perp 1} ^2

+
\Big( \frac{k_{\perp 1}}{k_{\perp 2}}  \Big)^{1/2} D_{\perp 2} ^2

} }

{ \Big( \frac{k_{\perp 2}}{k_{\perp 1}}  \Big)^{1/4} +  \Big( \frac{k_{\perp 1}}{k_{\perp 2}}  \Big)^{1/4}}


where 

LaTeX Math Inline
body{\bf D} = \{ D_{\perp 1}, D_{\perp 2} \}
 – dimensions of the grid cell around well in transversal plane to the well axis. 


Strictly speaking, the above formula is  only valid in case well penetrates through the whole length of grid cell 

LaTeX Math Inline
body\bf D
 perpendicular to the cell faces.

There are many modifications and generalization of the Peaceman formula approximation but in the most practical cases it works very well when sufficiently fine LGR is applied.

...

In particular case of isotropic permeability 

LaTeX Math Inline
bodyk_{\perp 1} = k_{\perp 2}
 the Peaceman effecxtive  effective radius is given by:

LaTeX Math Block
anchorLPQ27
alignmentleft
r_e = 0.28 \ \sqrt{D_{\perp 1} ^2+ D_{\perp 2} ^2} 

...

LaTeX Math Block
anchorre_simple
alignmentleft
r_e = 0.4 \ D_{\perp}


Obviously, there There is a natural limit to the degree of LGR for Peaceman approach.when LGR is capable to support Peaceman approximation.

This can be illustrated on the case of isotropic permeability and square grid.

Formula The formula 

LaTeX Math Block Reference
anchorre_simple
 assumes that external boundary of drainage area is greater than well radius which introduces a natural limitation to applicability of the Peaceman formula for of Peaceman approximation for pressure calculations in near-well reservoir zone with 
LaTeX Math Inline
body D_{\perp} < 2.5 \, r_w


This is, for example, the case in SPT where time lag between pressure response to the flow variation is so small (seconds) that it dictates very small grid size around wellbore and Peaceman approximation can not be properly applied. 


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Reference



Peaceman revisited