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Estimation Remaining Reserves Amount of Crude Oil and Gas on the Well X by using Volumetric Method

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Published under licence by IOP Publishing Ltd
, , Citation Eddy Ibrahim et al 2020 J. Phys.: Conf. Ser. 1485 012044 DOI 10.1088/1742-6596/1485/1/012044

1742-6596/1485/1/012044

Abstract

Volumetric is one method of calculating oil and gas reserves in reservoirs that have been used in the oil industry until now. Data sources which become the main requirements in using this method are basic data such as log data, core rocks or side terraces, area estimates, Rf and fluid properties. This method is used to obtain a forecast of the remaining reserves of Well X for future use. Based on the data limitations in Well X there is only Logging (thickness) data whose range is between 650 m and 700 m, the recovery factor is assumed to be 100% and the area of distribution of wells in one block is 13 km2. From the results of calculations using the volumetric method, the remaining reserves in well X are 320,853.63 STB and the remaining natural gas is 1,801,539.11 SCF.

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10.1088/1742-6596/1485/1/012044