A geological model was built for the Sadi reservoir, located at the Halfaya oil field. It is regarded as one of the most significant oilfields in Iraq. The study includes several steps, the most essential of which was importing well logs from six oil wells to the Interactive Petrophysics software for conducting interpretation and analysis to calculate the petrophysical properties such as permeability, porosity, shale volume, water saturation, and NTG and then importing maps and the well tops to the Petrel software to build the 3D-Geological model and to calculate the value of the original oil in place. Three geological surfaces were produced for all Sadi units based on well-top data and the top Sadi structural map. The reservoir has been divided into 85 sublayers in the vertical direction and 170*143 grid cells in the x-y direction, totalling 2,066,350 grid cells. The Sequential Gaussian Simulation technique is used to fill 3D grid cells with property values in locations far from wells after upscaling the well log data, then distributed across all reservoir zones. The standard original oil in place has been calculated, uncertainty evaluation was used to obtain more accurate results. Model Risk Analysis employs Monte Carlo Simulation to generate the pessimistic, most likely, and optimistic reserve values (P90, P50, and P10). The uncertainty was affected by the oil formation volume factor, oil depth, petrophysical model (porosity, water saturation, and NTG), and reservoir geometric structure (horizons and zones).
Abstract
Objective of this research focused on testing the impact of internal corporate governance instruments in the management of working capital and the reflection of each of them on the Firm performance. For this purpose, four main hypotheses was formulated, the first, pointed out its results to a significant effect for each of corporate major shareholders ownership and Board of Directors size on the net working capital and their association with a positive relation. The second, explained a significant effect of net working capital on the economic value added, and their link inverse relationship, while the third, explored a significant effect for each of the corporate major shareholders ownershi
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