Percentage of total hydrocarbon reserves recovered:
\rm RF = \frac{V_{recovered \ reserves}}{V_{total \ reserves}} |
It is related to Depletion Rate (DR) as:
\rm RF = EUR \cdot DR |
where EUR is Estimated Ultimate Recovery.
Petroleum Industry / Upstream / Production / Subsurface Production / Field Study & Modelling / Production Analysis
[ Depletion Rate ]