No abstract

Maximising recovery of hydrocarbons from oil and gas fields represents responsible asset management and is extremely valuable both to the operator and the host country. Doing this successfully involves a complex combination of technical, commercial, organizational and human factors. This was addressed by developing the Reservoir Technical Limits (RTL™) process; the process and its application to oil fields was described in a 2009 SPE paper (109555). The present paper describes subsequent progress in developing RTL™, including a description of a new gas efficiency factor framework for use in volumetric and aquifer-drive reservoirs.