Oil well location

hi everybody. i am new at reservoir engineering. my question is how can i decide new well location, with the help of 4 other wells data drilled at the same formation. from these wells i have permeability, water saturation, porosity and formation thickness values. which of these parameters are most important while deciding a new well location. i need to drill my new well between two of that 4 wells. Tks

tumba,

I suggest you to post this question in the Reservoir section of this forum. It is: Forum - Petroleum Industry Zone - Reservoir.

agree with DAH7542
the exploration point of view is very different from the reservoir development point of view, if your well is a development well and if the 4 wells you mentioned are producing wells... if not .. there are other answer