Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ii) Given the following data: Volume of bulk oil zone Volume of bulk gas zone Initial reservoir pressure Initial oil FVF Initial gas FVF Initial

image text in transcribed
ii) Given the following data: Volume of bulk oil zone Volume of bulk gas zone Initial reservoir pressure Initial oil FVF Initial gas FVF Initial dissolved GOR Oil produced during the interval Reservoir pressure at the end of the interval Average produced GOR Two-phase FVF at 2000 psia Volume of water encroached Volume of water produced Water FVF Gas FVF at 2000 psia 112,000 acre-ft 19,600 acre-ft 2710 psia 1.340 bbl/STB 0.006266 ft/SCF 562 SCF/STB 20 MM STB 2000 psia 700 SCF/STB 1.4954 bbl/STB 11.58 MM bbl 1.05 MM STB 1.028 bbl/STB 0.008479 ft/SCF Estimate the initial oil-place considering the following: a) Saturated oil reservoir (5 marks] b) Undersaturated oil reservoir (5 marks] ii) Given the following data: Volume of bulk oil zone Volume of bulk gas zone Initial reservoir pressure Initial oil FVF Initial gas FVF Initial dissolved GOR Oil produced during the interval Reservoir pressure at the end of the interval Average produced GOR Two-phase FVF at 2000 psia Volume of water encroached Volume of water produced Water FVF Gas FVF at 2000 psia 112,000 acre-ft 19,600 acre-ft 2710 psia 1.340 bbl/STB 0.006266 ft/SCF 562 SCF/STB 20 MM STB 2000 psia 700 SCF/STB 1.4954 bbl/STB 11.58 MM bbl 1.05 MM STB 1.028 bbl/STB 0.008479 ft/SCF Estimate the initial oil-place considering the following: a) Saturated oil reservoir (5 marks] b) Undersaturated oil reservoir (5 marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions