Methods, systems, and computer medium having computer programs stored thereon to optimize reservoir management decisions

Abstract

Embodiments of the invention include systems, methods, and computer-readable mediums for optimizing the placement of wells in a reservoir. Embodiments include, for example, determining for a reservoir a productivity index for each coordinate of a reservoir using reservoir metrics associated with the reservoir, generating a grid pattern of the reservoir using the productivity index with time values extracted for each coordinate, determining a total dynamic productivity index for each coordinate, and determining placement of one or more wells responsive to the total dynamic productivity index and minimum spacing between the one or more wells. Embodiments further include, for example, generating a production analysis report for the reservoir that includes an assessment of well placement and generating a wells placement map using one or more total dynamic productivity index indicators.