The paper describes the reservoir management experiences of Kerisi field after seven years of production. Kerisi field is located in Block B of South Natuna Sea and comprises five separate reservoirs in three geological zones.Forty seven percent of the reservoir hydrocarbons are located in the Upper Gabus Massive West (UGMW) reservoir; optimum production from this formation is expected to be reached by injecting gas at the gas cap. The source of injected gas is from all five Kerisi reservoirs and the nearby Hiu field. The liquid hydrocarbon production from UGMW and the production/injection of Kerisi -Hiu produced gas in this formation is of high importance to the future development stage of Kerisi -Hiu field.The initial reservoir management strategy was to optimize oil value with injection while meeting gas sales requirements. Both gas sales commitments and injection targets were honored with high Kerisi -Hiu production and the strong performance from other gas fields.With time, other gas fields became depleted faster than expected. Thus, it was decided to reduce gas injection rate in UGMW and produce more Kerisi and Hiu gas to increase gas sales volumes. The reduced of injection rates improved short term economic of the fields, but the effect to reservoir and long term economic benefit still needs evaluation. This paper will (1) show the impact of varying injection rate at UGMW to the overall Kerisi -Hiu field future production, include oil, gas, condensate, and LPG, (2) discuss an updated -improved reservoir management strategy, and (3) present an economic evaluation of the updated reservoir management strategy for the Kerisi -Hiu fields.The purpose of the paper is to share lessons learned in the evaluation of historical performance, data acquisition and monitoring, static and dynamic modeling, history matching, prediction of future performance, and the dynamics of reservoir management strategy which support future profitable opportunities.
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