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The EUR during the natural oil depletion can be assessed with the following formulaequation (see NDR @model for derivation):

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anchor7Q1OY
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{\rm EUR}_O =  \frac{Q_O}{V_O} =  \frac{ (p_i - p_{wf}) \, c_t}{(1-s_{wi})\, B_o} =

 \frac{ (p_i - p_{wf}) }{(1-s_{wi})\, B_o} \, \big( c_r + s_{wi} c_w + (1-s_{wi})c_o \big)

where 

The STOIIP

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bodyV_O
is related to reservoir oil volume
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bodyV_o
as:

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bodyp_{wf_ \, {\rm min}}

minimal flowing bottom-hole pressure

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bodyp_i

initial formation pressure

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bodyB_o

formation volume factor for oil,

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bodyQ_o

cumulative oil production

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bodyV_o

STOIIP

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bodys_{wi}

initial water saturation in oil pay

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bodyc_t

total compressibility

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titleEUR Deduction

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V_O = V_o/B_o

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body

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V_o = s_o \, V_\phi = (1-s_{wi}) \, V_\phi

so that

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V_o = B_o \, V_O = (1-s_{wi}) \, V_\phi \quad \Rightarrow \quad V_\phi = \frac{B_o \, V_O}{1-s_{wi}} 

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bodyQ_O

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\delta V_\phi = B_o \, Q_O 

and this can be related to total compressibility

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bodyc_t
as:

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anchorct
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where

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c_t

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The pressure reduction

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body\delta p
due to pore volume reduction caused by offtakes is going to be a difference between initial formation pressure
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bodyp_i
and minimal bottom-hole flowing pressure
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bodyp_{wf, \, {\rm min}}
:

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\delta p = p_i - p_{wf}

For low compressible oil, the total compressibility can be assumed constant

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bodyc_t = \rm const
and
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anchorct
becomes:

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\frac{1-s_{wi}}{(p_i - p_{wf \, min})} \cdot {\rm EUR_O} = c_t = \rm const

and

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{\rm EUR}_O =  \frac{ (p_i - p_{wf \, min}) \, c_t}{(1-s_{wi})}



For the naturally flowing wells the bottom hole pressure under flowing conditions can be roughly assed by homogeneous multiphase pipe flow model assessed as:

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Petroleum Industry / Upstream /  Production / Field Development Plan / Recovery Methods

Waterflood Recovery (WF) ]

NDR @model ]