👉 The reserves fluid, also known as the oil-in-water (O/W) phase or sometimes referred to as the residual oil, is a component found in oil reservoirs. It consists primarily of water mixed with a small amount of oil that remains after the majority of the oil has been extracted and removed from the reservoir. This fluid is crucial as it can act as a lubricant, reducing friction between rock surfaces and facilitating the flow of oil towards production wells. The presence of reserves fluid can significantly influence the efficiency of oil extraction and recovery, as it affects the reservoir's pressure and flow characteristics. Understanding and managing reserves fluid is essential for optimizing oil production and ensuring sustainable reservoir management.