Underdeveloped Oil Fields in Upper
Pennsylvanian and Lower Permian Carbonate Reservoirs of Southeastern New Mexico:
Initial Development Missed Major
Reserves
Upper Pennsylvanian and Lower Permian carbonate
reservoirs in the Permian Basin of southeastern New Mexico, U.S.A. are
significant reservoirs for oil and gas. The 400 fields that have produced from
these reservoirs have yielded a cumulative production of 490 million bbls oil (MMBO;
78 million m3) and 3.2 trillion ft3 (91 billion m3)
gas. Sixteen of these fields have been identified that were underdeveloped at
some stage in their history. Although initially underdeveloped, subsequent
redevelopment of these 16 fields added significantly to
reserves
and production.
Mathematical analysis of production decline curves was used to estimate
reserves
developed during initial drilling of these fields and during subsequent discrete
phases of redevelopment. For the 16 fields studied, redevelopment accounted for
a total of 65% of developed
reserves
and varied from 16% to 99%. Redevelopment
in these fields was generally in undrilled portions of the fields, and not in
bypassed pay zones. The fields are formed by stratigraphic traps but most were
initially thought to be structural traps and were initially developed on
structural culminations. Because initial development was based on the premise of
structural entrapment, the majority of
reserves
in these fields remained
unproduced until redevelopment. Redevelopment generally resulted in a fivefold
to tenfold increase in numbers of producing wells and productive acreage.
Because 91% of Upper Pennsylvanian and lower Wolfcampian fields have less than
10 producing wells and because exploratory prospects have generally been drilled
on structures, it would appear that significant
reserves
may remain undeveloped
in already discovered fields.