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The key engine of MatBal is a pseudo-steady state correlation between cumulative offtakes/intakes and formation pressure dynamics. (see MatBal Pressure @model ).

It does not require new data acquisition at well site and makes use of existing dynamic data records.

There are two major engines of MatBal:

MatBal Pressure @modelMatBal Flow @model
Formation pressure model onlyPressure and flowrate model


Objectives

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Check if the field is under volume-constrained production (PSS) 
Assess drainage volume
Assess reservoir compressibility
Check if water and gas propagation match uniform sweep model
Verify oil/gas FVF

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Petroleum Industry / Upstream /  Production / Subsurface Production / Field Study & Modelling / Production Analysis

MatBal Pressure @model ] [ MatBal Flow @model ]