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Summary Date16.03.2004
OILGAS

OIL + GAS
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 Recoverable Oil reserves per well

VOui250,000m3/well

Initial Recoverable Gas reserves per well

VGui250,000m3/well



Residual Recoverable Oil reserves per well

VOur50,000m3/well

Residual Recoverable Gas reserves per well

VGur50,000m3/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 oilSTGIIP = 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 = 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

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