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Volumetric Reserves

Estimates
Instructional Objectives
You will be able to
Calculate volume of oil- and gas-in-
place
Calculate initial oil and gas reserves
Calculate the remaining reserves
What are Reserves?
Oil and gas trapped beneath the earths
surface that can be recovered under
existing economic conditions and with
current technology.
Reserves Uncertainty
Cumulative
Production
True Ultimate
Recovery
Wells
Completed
Time
Abandonment At
Economic Limit
Increasing
Recovery
Range of
Recovery Estimates
II I III
Volumetric Estimate of
Oil Reserves
Original oil in place (OOIP)


Original oil reserves = N
pa
= N x E
R

Original solution gas in place = N x R
si

oi wi B / ) S 1 ( Ah 7758 N | =
Inputs to Volumetric Reserves
GRC
0 150
SPC
MV -160 40
ACAL
6 16
ILDC
0.2 200
SNC
0.2 200
MLLCF
0.2 200
RHOC
1.95 2.95
CNLLC
0.45 -0.15
DT
us/f 150 50
001) BONANZA 1
10700
10800
10900
h
Calculate
|
, Sw
Reservoir Area and Volume
Oil Producing Well
Water
Water
Oil Zone
Net Oil Pay Isopach Map
0
Well #2
45
Well #1
21
Well #5
64
Well #3
55
Well #4
49
Dry Hole #1
0
Dry Hole #2
2
20
40
50
60
Determination of Reservoir
Bulk Volume
Ah = Reservoir Bulk Volume
A = area for the reservoir, lease,
unit, or an individual wells
drainage area
h = net hydrocarbon thickness
Calculating Reservoir
Bulk Volume
Computer Mapping Programs
Traditional Methods
Trapezoidal Rule


Pyramidal Rule


n avg n n
b
A h A A A A h V A + + + + + A = ) 2 ... 2 ( 5 . 0 1 1 2
( )
(

+ + E = EA = + + 1 1
3
n n n n
b b
A A A A
h
V V
Exercise 1
Calculate original oil In place and oil
reserves for an oil reservoir without
either a gas-cap or water influx
Exercise 1
Calculate original oil In place and oil
reserves for an oil reservoir without
either a gas-cap
or water influx
Exercise 1
Solution
Ah = 119,250 acre-ft
OOIP = 148,177,000 STB

Exercise 1
Solution
Reserves = 20.74 MMstb
Solution gas in place = 66.7 Bscf

Exercise 1
Solution
OOIP = 904,600 STB
Remaining Reserves = 8.74
MMstb

Volumetric Estimate of
Gas Reserves
Original gas in place (OGIP)


Original gas reserves = OGIP x R.F.
gi wi B / ) S 1 ( Ah 7758 OGIP
Oil Reservoir With a Gas Cap
Oil Producing Wells
Oil
Zone
Gas Cap

Oil
Zone
Volumetric Dry Gas Reservoirs
Gas Zone
Water
Sealing
Fault
A. Cross Section
B. Map View
Fault Fault
Gas
Reservoir
0
20
40
60
Dry Gas Reservoirs With
Water Influx
Water
Water
Gas Zone
Recovery Factors for Gas
Reservoirs
Analogy
Volumetric dry gas reservoirs


Gas reservoir with water influx

(
(

|
|
.
|

\
|

+ =
v
v
gi
gr
ga
gi
v
E
E 1
S
S
B
B
E 1 . F . R
ga
gi
B
B
1 . F . R =
Exercise 2
Calculate original gas In place,
gas recovery factor and gas
reserves in a volumetric dry gas
reservoir
Solution

Exercise 2
G = 10.5 Bscf
Exercise 2
Solution
R.F. = 53.1%
Gp = 5.58 Bscf
Exercise 3
Calculate total original gas in
place and oil reserves for an oil
reservoir with a gas cap
Exercise 3
Solution
OOIP = 130,334,000 STB
Original solution gas-in-place = 78.2 Bscf
Solution

Exercise 3
OGIP = 22.1 Bscf (gas-cap)
Total OGIP = 100.3 Bscf
Oil reserves = 45,617,000 STB
Exercise 3
Solution
Calculate total original gas in
place and oil reserves for an oil
reservoir with a gas cap
Exercise 4
Calculate gas reserves and
recovery factor for a gas
reservoir with water influx
Exercise 4
Solution
Gp = 8.2 Bscf
R.F. = 78.1%
Exercise 4
Solution
R.F. = 68.1%
Nomenclature
Nomenclature
References
Summary
OOIP = 7758 Ah |(1 - S
wi
)/B
oi

Oil reserves = OOIP x R.F.
OGIP = 7758 Ah |(1 - S
wi
)/B
gi

Gas reserves = OGIP x R.F.
Remaining reserves = Reserves at
original conditions - cumulative
production