The general Schilthuis material balance equation was developed in and is as follows:
Equation (3.7) can be rearranged and solved for N, the initial oil in place:
If the expansion term due to the compressibilities of the formation and connate water can be neglected, as they usually are in a saturated reservoir, then Eq. (7.1) becomes
Example 7.1 shows the application of Eq. (7.2) to the calculation of initial oil in place for a water-drive reservoir with an initial gas cap. The calculations are done once by converting all barrel units to cubic feet units and then a second time by converting all cubic feet units to barrel units. It does not matter which set of units is used, only that each term in the equation is consistent. Problems sometimes arise because gas formation volume factors are reported either in ft3/SCF or in bbl/SCF. Typically, when applying the material balance equation for a liquid reservoir, gas formation volume factors are reported in bbl/SCF. Use care to ensure that the units are correct.
Example 7.1 Calculating the Stock-Tank Barrels of Oil Initially-in-Place in a Combination Drive Reservoir
Given
Volume of bulk oil zone = 112,000 ac-ft
Volume of bulk gas zone = 19,600 ac-ft
Initial reservoir pressure = 2710 psia
Initial formation volume factor = 1.340 bbl/STB
Initial gas volume factor = 0.006266 ft3/SCF
Initial dissolved GOR = 562 SCF/STB
Oil produced during the interval = 20 MM STB
Reservoir pressure at the end of the interval = 2000 psia
Average produced GOR = 700 SCF/STB
Two-phase formation volume factor at 2000 psia = 1.4954 bbl/STB
Volume of water encroached = 11.58 MM bbl
Volume of water produced = 1.05 MM STB
Formation volume factor of the water = 1.028 bbl/STB
Gas volume factor at 2000 psia = 0.008479 ft3/SCF
Solution
In the use of Eq. (7.2),
Bti = 1.3400 × 5.615 = 7.5241 ft3/STB
Bt = 1.4954 × 5.615 = 8.3967 ft3/STB
We = 11.58 × 5.615 = 65.02 MM ft3
Bw = 1.028 × 5.615 = 5.772 ft3/STB
BwWp = 1.028 × 5.615 × 1.05 = 6.06 MM res ft3
Assuming the same porosity and connate water for the oil and gas zones,
Substituting in Eq. (7.2) with all barrel units converted to cubic feet units,
The calculation will be repeated using Eq. (7.2), with Bt in barrels per stock-tank barrel, Bg in barrels per standard cubic foot, and We and Wp in barrels.
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