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You are a well testing engineer in an oil and gas exploration and production company. Your company is considering buying a new lease in which

You are a well testing engineer in an oil and gas exploration and production company. Your company is considering buying a new lease in which water flooding project has been in implementation for an unreported period of time. Injection and production rates are set at 2000 STB/D and 1000 STB/D, respectively. Your company thinks that the field has been undergoing water injection for a long period of time and you are concerned with the possibility that the field would not produce a significant amount of oil after the purchase. In order to analyze the status of the field, your company measured the well-flowing pressure of the producer as 2500 psia. Assume that injected and produced fluids have the same properties. a) Considering the well pattern of the field shown below, how would you analyze the pressure trends of the injector and producer wells? What would you suggest about the state of the water flooding project (what is the current flow period)? b) In addition, there are concerns about the integrity of the injection wells in terms of the possibility of encountering high pressures in the vicinity of the bursting pressure of the formation at a future date. What do you

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