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Remaining Gas ReservesGR0.5109 m318 % from EUGR0.10 B$Current RFORFO28%Current RFGRFG12%Oil Depletion78%Gas Depletion82%Initial oil reserves per wellVOui250,000m3/wellCurrent oil reserves per wellVOuc50,000m3/wellSummary Date16.03.2004
Summary Date16.03.2004
Estimated Cash ValueInitial Oil-In-PlaceSTOIIP25.4106 m3
Initial Gas-In-PlaceSTGIIP6.35109 m3
Estimated Ultimate Oil Recovery

EUOR

9.4106 m3
EUORF = 37 % from STOIIP3.30 B$Estimated Ultimate Gas RecoveryEUGR2.8109 m3
EUGRF = 44 % from STGIIP0.56 B$Remaining Oil Reserves OR2.1106 m322 % from EUOR0.73 B$

OILGAS

OIL + GAS
Cash Value
Cash Value
Initial Oil-In-PlaceSTOIIP25.4106 m3

Initial Gas-In-PlaceSTGIIP6.35109 m3



Estimated Ultimate Oil Recovery

EUOR

9.4106 m3
EUORF = 37 % from STOIIP3.30 B$Estimated Ultimate Gas RecoveryEUGR2.8109 m3EUGRF = 44 % from STGIIP0.56 B$
3.86 B$
Remaining Oil Reserves OR2.1106 m322 % from EUOR0.73 B$Remaining Gas ReservesGR0.5109 m318 % from EUGR0.10 B$
0.83 B$

Current RFO

RFO28%

Current RFG

RFG12%



Oil Depletion


78%

Gas Depletion


82%



Initial

oil

Recoverable Oil reserves per well

VOui250,000m3/well

Initial

gas

Recoverable Gas reserves per well

VGui250,000m3/well
Current oil




Residual Recoverable Oil reserves per well

V
Ouc
Our50,000m3/well
Current gas


Residual Recoverable Gas reserves per well

V
Guc
Gur50,000m3/well



Drainable Oil






Drainable Gas








Non-drainable Oil






Non-drainable Gas








Profitable Oil






Profitable Gas








Non-profitable Oil






Non-profitable Gas








Incremental Oil






Incremental Gas









Connecting equations:

STOIIP = EUOR + Non-recoverable Oil ReservesSTGIIP = EUGR +  Non-recoverable Gas
EUOR = OR + Recovered OilEUGR = GR + Recovered Gas
OR = Drainable Oil + Non-drainable OilGR = Drainable Gas + Non-drainable Gas
Drainable Oil = Profitable Oil + Non-profitable OilDrainable gas = Profitable Gas + Non-profitable Gas
Incremental Oil Recovery = Non-drainable Oil + Non-profitable OilIncremental gas = Non-drainable Gas + Non-profitable Gas


See also

...

Petroleum Industry (Oil & Gas Industry) / Petroleum Asset / Petroleum Asset Summary

...