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A waterflooding core model was established, simulated, and verified by the method proposed in this paper. It is found that using time-varying permeability curves for simulation, the highest oil recovery factor (61.58%) can be obtained with injected water volume up to 2000 PV, and the purpose of improved oil recovery (IOR) can be achieved by high water injection volume, but the increment is only approximately 10%. Besides, a waterflooding model of an inverted five-spot reservoir unit based on the X oilfield was also established, simulat
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