Sometimes it is desirable to work with values of the liquid compressibility rather than the formation or relative volume factors. The isothermal compressibility, or the bulk modulus of elasticity of a liquid, is defined by Eq. (2.1):
The compressibility, c, is written in general terms since the equation applies for both liquids and solids. For a liquid oil, c will be given a subscript of co to differentiate it from a solid. Because dV/dp is a negative slope, the negative sign converts the oil compressibility, co, into a positive number. Because the values of the volume V and the slope of dV/dp are different at each pressure, the oil compressibility is different at each pressure, being higher at the lower pressure. Average oil compressibilities may be used by writing Eq. (2.1) as
The reference volume V in Eq. (2.33) may be V1, V2, or an average of V1 and V2. It is commonly reported for reference to the smaller volume—that is, the volume at the higher pressure. The following expressions determine the average compressibility of the fluid of Table 2.2 between 5000 psig and 4100 psig
between 4100 psig and 3400 psig
and between 3400 psig and 2695 psig
A compressibility of 13.03 × 10–6 psi–1 means that the volume of 1 million barrels of reservoir fluid will increase by 13.03 bbls for a reduction of 1 psi in pressure. The compressibility of undersaturated oils ranges from 5 to 100 × 10–6 psi–1, being higher for the higher API gravities, for the greater quantity of solution gas, and for higher temperatures.
Spivey, Valko, and McCain presented a correlation for estimating the compressibility for pressures above the bubble-point pressure.22 This correlation yields the compressibility in units of microsips (1 microsip = 10–6/psi). The correlation involves the following equations:
The correlation gives good results for the following ranges of data:
11.6 ≤ ρo,API ≤ 57.7 °API
0.561 ≤ γg,SP ≤ 1.798 (air = 1)
120.7 ≤ pb ≤ 6658.7 psia
414.7 ≤ p ≤ 8114.7 psia
12 ≤ Rsob ≤ 1808 SCF/STB
70.7 ≤ T ≤ 320 °F
3.6 ≤ co ≤ 50.3 microsips
Villena-Lanzi developed a correlation to estimate co for black oils.23 A black oil has nearly all its dissolved gas removed. The correlation is good for pressures below the bubble-point pressure and is given by
where
T = °F
The correlation was developed from a database containing the following ranges:
31.0(10)–6 < co (psia–1) < 6600(10)–6
500 < p (psig) < 5300
763 < pb (psig) < 5300
78 < T (°F) < 330
1.5 < Rsob, gas-oil ratio (SCF/STB) < 1947
6.0 < ρo, API (°API) < 52.0
0.58 < γg < 1.20
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