FGLR

Incorrect. Formation GLR represents the volume of gas produced per unit volume of liquid (typically oil).

Correct. Formation GLR represents the volume of gas produced per unit volume of liquid (typically oil).

Incorrect. While related to the gas and liquid content, Formation GLR specifically quantifies the volume of gas produced per unit volume of liquid.

Incorrect. Formation GLR focuses on the relationship between gas and liquid production, not the total volume.

Incorrect. Reservoir pressure significantly impacts Formation GLR.

Incorrect. Reservoir temperature influences gas solubility, affecting Formation GLR.

Incorrect. Production rate can lead to gas expansion, altering Formation GLR.

Correct. Wellhead pressure is not a direct factor influencing Formation GLR. Formation GLR is determined by reservoir conditions.

Incorrect. A high Formation GLR indicates more gas production, requiring specialized processing facilities.

Incorrect. High Formation GLRs typically lead to higher processing costs.

Correct. High Formation GLRs require specialized equipment and strategies for efficient gas separation and transportation.

Incorrect. While FGLR provides insights, it doesn't necessarily simplify reserve estimations.

Incorrect. Well testing is a crucial method for measuring FGLR.

Incorrect. Continuous monitoring of production data provides valuable information about FGLR.

Correct. Seismic surveys primarily focus on reservoir structure and hydrocarbon presence, not direct FGLR measurement.

Incorrect. Laboratory analysis of fluid samples can contribute to understanding FGLR.

Correct. FGLR data informs decisions about well completion methods and production strategies.

Incorrect. While FGLR is relevant to production, it doesn't directly address environmental risks.

Incorrect. FGLR primarily focuses on production aspects, not market price predictions.

Incorrect. FGLR is a key input for reservoir simulations, enhancing their accuracy.

**Analysis:**

• The high FGLR of 1000 scf/bbl indicates a significant amount of gas associated with oil production. This suggests a gas-rich reservoir and requires careful planning to manage the large volume of gas produced alongside the oil.
• High FGLR will demand substantial investments in gas handling facilities, processing equipment, and transportation infrastructure to efficiently separate and transport the gas.
• The high gas production may impact profitability due to increased processing and transportation costs. The company needs to analyze the market demand and gas price to assess the economic viability of gas production.

**Suggestions:**

• **Gas Handling Facilities:** Invest in appropriate gas separation equipment (e.g., separators, scrubbers) to handle the high gas volume efficiently. Consider options for gas reinjection into the reservoir or processing for sale as natural gas.
• **Pipeline Infrastructure:** Build or adapt pipeline infrastructure to transport both oil and gas. If possible, consider connecting to existing gas pipelines for transportation and sales.
• **Gas Processing and Sales:** Evaluate the potential market for the produced gas and explore options for processing it into marketable products (e.g., liquefied natural gas, natural gas liquids). Consider potential partnerships with gas processing companies or pipelines.
• **Economic Analysis:** Conduct a thorough economic feasibility study considering the costs of gas handling, processing, and transportation, as well as potential revenue from gas sales. This analysis will guide decisions on whether gas production is economically viable.