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Reservoir Simulation
Reservoir Simulation is an area of reservoir engineering in which computer models are used to predict the flow of fluids (typically, oil, water, and gas) through porous media. Any reservoir simulator consists of n + m equations for each of N active gridblocks comprising the reservoir. These equations represent conservation of mass of each of n components in each gridblock over a timestep Δt from tn to tn+1. Sources: Wikipedia, Petroleum Engineering Handbook.