Definition - What does Reservoir Simulation mean?
Reservoir Simulation is the process of making a replica of a reservoir on computers by using porous media, so as to predict the fluid flow of hydrocarbons in the reservoir. This simulation technique is one of the fields of Reservoir Engineering. The fluids whose flow is determined using the Reservoir Simulation technique are majorly oil, water and gas. Computer softwares such as BOAST, CMG, etc., are used for this simulation process.
Petropedia explains Reservoir Simulation
The development of new oil and gas fields is a major investment issue and thus, a proper prediction for future economical productions has to be made before an organization invests in development of a well. This issue is usually solved by the use of Reservoir Simulation. The purpose of performing Reservoir Simulation is to predict the future flow of oil, water & gas from an anticipated hydrocarbon reservoir. This technique also helps in the rough estimate of production of oil, water or gas from newly discovered oil field and in coal bed methane production.