Accounting for stimulation treatments in modeling of oil reservoirs development using the material balance method

CRMP is a mathematical model based on material balance equation. It can be used for solving different practical oil reservoirs engineering problems. The important limitation of this model is related with the fact, that the model cannot take into account the information about various stimulated treatments that frequently are performed in oil wells. In this article a new modeling method is presented. The method includes a new CRMP model modification that is free of the limitation mentioned above and an algorithm for determining the parameters values of the modified model. The forecasts accuracy of the modified models is shown by the numerical experiments results.