Capturing Complex Dynamic Behaviour in a Material Balance Model

Sometimes, a simple and quick material balance method is<br>preferred to using a numerical simulation model. This<br>preference can be justified when preparing the development<br>plan and production optimization for a collection of<br>hydrocarbon reservoirs (lean and rich gas condensate, oil rim<br>and gas cap), some connected to an aquifer, and the reservoirs<br>cannot be modelled separately.