Percentage of recoverable hydrocarbon reserves recovered by a given time moment t:
(1) | {\rm DF}(t) = \frac{{\rm V_{recovered \ reserves}}(t)}{{\rm V_{recoverable \ reserves}}} |
It always ranges 0 \leq {\rm DF} \leq 100 \% and is related to Recovery Factor (RF) as:
(2) | {\rm DF}(t) = \frac{[\rm RF}(t)}{EUR} |
where EUR is Estimated Ultimate Recovery.
The Depletion Factor concept splits naturally into two categories:
Oil Recovery Factor (RFO) | Gas Recovery Factor (RFG) | ||||||
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Q↑OQO↑ | cumulative oil production | Q↑GQG↑ | cumulative gas production | ||||
VSTOIIPVSTOIIP | STOIIP | VSTGIIPVSTGIIP | STGIIP |
See Also
Petroleum Industry / Upstream / Production / Subsurface Production / Field Study & Modelling / Production Analysis