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	Eastex Petroleum Consultants Inc.
DEVMODEL DEVMODEL is a program used to assist in production forecasting for different field development scenarios and to project waterflood recovery and production profiles for different waterflood patterns and models. DEVMODEL is comprised of four models: Oil Field Development Model (FDM); Dry Gas Field Development Model (DGM); and Wet Gas Field Development Model (WGM) and Pattern Waterflood Development Model (WDM) The FDM, DGM and WGM models are very handy tools for planning the development, or continuing the development, of oil and gas fields. It will forecast gas, oil and water production profiles into the future and determine economic recovery and the NPV of the oil and gas. When planning the development of a field, the economic number of wells required to adequately recover the oil can be determined. Sensitivity runs can be made with increasing numbers of wells until the NPV of an incremental well does not cover the cost of drilling the well. The same can be done when planning the size of the facilities. The models can also evaluate the benefit of accelerating the rate of recovery. The WDM model can be used to determine the optimum waterflood pattern for a given reservoir. The sensitivities associated with any pattern can also be evaluated. The WDM model also includes a facility to history match a developed waterflood. Overall, DEVMODEL is quite versatile and should be able to model most field development scenarios. This program is still in development. The most current beta version can be downloaded here: Devmodel_Install.zip NOTE: There is an issue in the install routine that places a couple of library files in the wrong directory. This can easily be corrected by copying the files “5Spot.LIB” and “7Spot.LIB” from “….\Libraries\” to “….\Library\” in the install directory. The “…\Libraries\” directory can be deleted. Please contact don@eastexpetroleum.com for more info concerning this program and to forward any comments on how to make the program more useful.