PVTflex

PVTflexTM fluid properties modeling and tuning software exploits laboratory experimental data on reservoir fluids to give engineers a tool for preprocessing critical reservoir fluid data. PVTflex software enables handling the data more efficiently in production optimization software and tuning both equations of state (EoS) models and black- oil correlations. The resulting dataset provides a wealth of information about the behavior of the reservoir fluid at various pressures and temperatures.

A thorough understanding of reservoir fluid characteristics is imperative for all areas of petroleum and reservoir engineering. The successful management and asset value of any oil and gas operation depends largely on having the capacity to accurately predict gas/oil/water phase behavior and fluid properties. Sophisticated software programs specifically designed for pressure/volume/temperature (PVT) modeling and analysis are used throughout the industry to provide engineers critical information about fluid characteristics. While correlation-based models are widely used for black-oil fluids, EoS-based models have proved to be more accurate for near-critical fluids such as gas condensate and volatile oil.