f History Matching and Flow Rate Optimization of Caratinga Field

Reconciling high-resolution geologic models to dynamic data such as RFT data (re-formation test pressure), permanent pressure down-hole sensors, and TFR (formation test pressure) data is one of the most challenging and time-consuming aspects of the workflow for geoscientists and engineers. The large amount of data collected overwhelms traditional methods and calls for new solutions. A second problem is to optimize oil recovery and profit, given a configuration of wells. The conventional wisdom is to inject the most and open-up production wells the completely. However, as we show in this paper, that is not always the optimal production strategy