Reservoir Evaluation and Volumetric Analysis of Rancho Field, Niger Delta, Using Well Log and 3D Seismic Data

Exploration and exploitation for hydrocarbon are associated with a lot of complexities, it is therefore necessary to integrate available geologic models for accurate hydrocarbon prospecting and risk analysis. This study is aimed at determining the structural, petrophysical and volumetric parameters for reservoir evaluation within the Rancho field. 3D seismic data was used for evaluating the hydrocarbon potential of the field. A suite of well logs but not limited to gamma ray logs (GR), deep resistivity log (DRES), neutron log (NPHI) and density log (RHOB) from four (4) wells were employed in characterising dynamic properties of the reservoirs. The GR log was used in lithology identification while the resistivity log was used in identifying probable hydrocarbon bearing sands. A correlation exercise was carried out to identify lateral continuity and discontinuity of facies across the wells. Thereafter petrophysical parameters were analysed from the suite of wire line logs. Major faults were mapped on the 3D seismic data and identified hydrocarbon bearing sand tops from the well logs were mapped as horizons on the seismic section, maps were generated and volumetric analysis was done. Nine (9) hydrocarbon sands (Sands A - I) were identified within the study area. The well log revealed an alternation of sand and shale layers as well as shale layers increased in thickness with depth, while the sand bodies reduced in thickness with depth which characterized the Abgada Formation of the Niger Delta. The effective porosities of the sands range from 21% - 31%, the permeability ranges from 28% - 44%, 70% - 80% for the net to gross, volume of shale range from 14% - 40% and hydrocarbon saturation ranges from 63% - 82%. Twelve (12) faults were mapped within the study area and the structural styles revealed a fault assisted closures. The volumetric analysis showed that Sand F had Stock Tank Oil Initially In Place (STOIIP) of 5,050,000,000 bbls of oil and Sand G had STOIIP of 17,870,000,000 bbls, these sands are proposed to be developd because of the volume of oil in them and area covered by the reservoir, calculated Gross Rock Volume (GRV) of 29.5 km3 and 104.5 km3 respectively.