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    Form 1. Volumetric Prospect Assesment: A. Prospect Description Units

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    bidyut_iitkgp
    This document provides a volumetric assessment of the Omega oil prospect. Key details include: - The prospect is located in a remote salt basin with a Cenomanian reservoir at a depth of around 4,700 feet. - The minimum estimated recoverable oil is 50 million barrels, the likely estimate is 89 million barrels, and the maximum is 145 million barrels. - The chances of the overall assessment being adequate are estimated at 56%.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Form 1. Volumetric Prospect Assesment: A. Prospect Description Units

    Uploaded by

    bidyut_iitkgp
    30 views2 pages
    This document provides a volumetric assessment of the Omega oil prospect. Key details include: - The prospect is located in a remote salt basin with a Cenomanian reservoir at a depth of around 4,700 feet. - The minimum estimated recoverable oil is 50 million barrels, the likely estimate is 89 million barrels, and the maximum is 145 million barrels. - The chances of the overall assessment being adequate are estimated at 56%.

    Original Description:

    Omega Form1 OFU

    Original Title

    Omega Form1 OFU

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    This document provides a volumetric assessment of the Omega oil prospect. Key details include: - The prospect is located in a remote salt basin with a Cenomanian reservoir at a depth of around 4,700 feet. - The minimum estimated recoverable oil is 50 million barrels, the likely estimate is 89 million barrels, and the maximum is 145 million barrels. - The chances of the overall assessment being adequate are estimated at 56%.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    30 views2 pages

    Form 1. Volumetric Prospect Assesment: A. Prospect Description Units

    Uploaded by

    bidyut_iitkgp
    This document provides a volumetric assessment of the Omega oil prospect. Key details include: - The prospect is located in a remote salt basin with a Cenomanian reservoir at a depth of around 4,700 feet. - The minimum estimated recoverable oil is 50 million barrels, the likely estimate is 89 million barrels, and the maximum is 145 million barrels. - The chances of the overall assessment being adequate are estimated at 56%.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
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    FORM 1.

    VOLUMETRIC PROSPECT ASSESMENT


    UNITS: Oil Field Units (OFU)

    A. PROSPECT DESCRIPTION
    1. TITLE Omega
    2.NUMBER
    5.LOCATION Remote salt basin
    7.RESERVOIR NAME Cenomanian
    10.SEAL Overlying shale
    12.OTHER

    3.ASSESSORS MIT/class
    4.DATE
    6a.SURF. EL 91
    6b.WATER DEPTH
    8.LITHOLOGY Sandstone
    9.AGE 91-95ma
    11.SOURCE Overlying shale, deeper source?

    B.TRAP VOLUME

    MIN

    LIKELY

    MAX

    1.GROSS VOLUME (1000 acre-ft or 1 km2m)=B2xB6


    or from depth-vol data
    or mult. Res. Option G
    2.CLOSURE AREA (1000 acres or 1km2)
    3.GROSS RESERVOIR THICKNESS (ft or m)
    4.CLOSURE HEIGHT (ft or m)
    5.GEOMETRY CORRECTION
    a.Thickness/height= B3/B4 MIN.52ML2.56MAX4.01
    b.Trap length/width 2 c.Shape domed
    or flat
    6.CORRECTED AVG. RESERVOIR THICKNESS(ft or m)
    = B5 x (B3 or B4,whichever is smaller)

    203

    399

    606

    LOG?

    MEAN*

    6.6
    50
    97
    .66

    9.0
    300
    117
    .42

    11.7
    550
    137
    .42

    33

    49

    58

    .40
    .20
    .74

    .55
    .25
    .82

    .70
    .30
    .90

    .55
    .25
    .82

    0.1
    .63

    1.0
    .73

    1.0
    .83

    0.7
    .73

    .30

    .55

    .80

    .55

    145

    165

    185

    165

    .50

    .65

    .80

    .65
    0.1

    403

    C.RESERVOIR PROPERTIES
    1.AVERAGE NET/GROSS (ratio)
    2.AVERAGE POROSITY (fraction)
    3.AVERAGE HC SATURATION (fraction, 1 Sw)
    a.Avg. permeability 1000 md b.Avg. grain size.35mm
    4.HC FILL (fraction of trap volume)
    5.OIL SHRINKAGE (stock-tank vol / reservoir vol)
    (a.Avg. depth 4700 x b.Temp. gradient 2F/100)
    + c.Surface temp 60F = d.Reservoir temp 154F
    e.Pressure grad N f.Oil grav 40 g.Gas grav.75
    h.Oil solution GOR .650 (1000ft3/bbl or m3/m3)
    6.OIL RECOVERY (fraction of oil in place)
    a.ML O.I.P. C2xC3xC5x(7758 or 1.0) = .10 bbl/acre-ft
    (or frac. of rock)
    b.ML recoverable oil C6xC6a= 638 bbl/acre-ft
    (or frac. of rock)
    7.OIL FRACTION OF HC VOLUME
    8.FREE GAS VOLUME FACTOR (1000ft3/bbl or m3/m3)
    (Use applicable data under CS)
    9.FREE GAS RECOVERY (Fraction of gas in place)
    10.FREE FAS FRACTION OF HC VOLUME (1-C7)

    D.UNRISKED MEAN ASSESSMENTS (RECOVERABLE)


    1.OIL (106bbl or 106m3) = B1 x C1 x C2 x C3 x C4 x C5 x C6 x C7 x (7.758 or 1.0)
    2.FREE GAS (109ft3 or 106m3) = B1 x C1 x C2 x C3 x C4 x C8 x C9 x C10 x (7.758 or 1.0)
    3.DISSOLVED GAS (109ft3 or 106m3) = C5h x D1

    89
    15
    58

    E.CHANCES OF ADEQUACY (DECIMAL FRACTIONS)


    1.TRAP,SEAL,TIMING1.0 2.RESERVOIR, POROSITY,PERMEABILITY0.7 3.SOURCE,MATURATION,
    MIGRATION0.8 4.PRESERVATION,HC QUALITY,RECOVERY1.0 5.OVERALL0.56

    F.RISKED MEAN ASSESSMENTS (RECOVERABLE)


    1.OIL (106 bbl or 106m3) = D1 x E8
    2.FREE GAS (109ft3 or 106m3) = D2 x E8
    3.DISSOLVED GAS (109ft3 or 106m3) = D3 x E8
    *Mean of nonlog distribution = (MIN + ML + MAX) / 3 = ML for symmetrical

    50
    8.3
    32.5

    Mean of symmetrical log = ML + 0.06 (MAX ML)

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