This document is a thesis submitted by Carlos Rafael Conde Rondon to the Robert Gordon University in partial fulfillment of the requirements for a Master of Science degree in Petroleum Production Engineering. The thesis assesses mis-matches between a black oil reservoir simulation model and actual field production history for the Costanero Field in Venezuela through computer-assisted history matching. Specifically, it aims to reduce deviations between the model and historical production data for one of four reservoir variables. The results showed that the model reasonably matched the reservoir behavior and that water cut deviations were lowest. A correlation analysis revealed strongly correlated input parameters within two regions, and a Hessian analysis removed parameters for one region. The new approach required 47% less computational effort than conventional history