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Natural Oil Depletion


The EUR during the natural oil depletion can be assessed with the following formula:


(1) EUR_{ND} = \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  p_{wf}  is flowing bottom-hole pressure,  p_i – initial formation pressure,  B_o – formation volume factor for oil,   Q_o – cumulative oil production,  V_o – STOIIP,  s_{wi} – initial water saturation in oil pay.



The total compressibility of oil saturated formation

(2) c_t = \frac{1}{V_{\phi}} \frac{\partial V_{\phi}}{\partial p} = c_r + s_{wi} c_w + (1-s_{wi})c_o

and can be split into rock, water, oil components:

(3) c_t = c_r + s_{wi} c_w + (1-s_{wi})c_o

For low compressible oil, the total compressibility can be assumed constant c_t = \rm const and the volume reduction can be related to pressure decline as:

(4) \frac{\delta V_\phi}{V_\phi} = c_t \, \delta p = c_t \, (p_i - p_{wf \, min})
(5) \delta V_\phi = Q_o \, B_o

and

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

hence

(7) \frac{Q_o \, B_o \, (1-s_{wi})}{V_o} = c_t \, (p_i - p_{wf \, min})

and

(8) EUR = \frac{Q_o}{V_o} = \frac{ (p_i - p_{wf \, min}) \, c_t}{(1-s_{wi})\, B_o}


For the naturally flowing wells the production bottom hole pressure can be assessed as:

(9) p_{wf} = p_s + \rho_g \, g\, h + \bigg( 1- \frac{\rho_g}{\rho_o} \bigg) \, p_b


where  p_s – tubing-head pressure defined by the production gathering system,  h – is the true vertical depth at formation top,  \{ \rho_o, \, \rho_g \} – oil and gas densities,  p_b – bubble-point pressure.



Natural Gas Depletion


The Expected Ultimate Recovery during the natural gas depletion can be assessed with the following formula:


(10) EUR_{GD} = \frac{Q_g}{V_g} = 1- \frac{p_{wf}}{p_i}


See also


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

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