ORIGINAL OIL IN PLACE EXAMPLE CALCULATIONS

AREA (acres) THICKNESS (ft) POROSITY (dec) WATER SAT (dec) Reservoir Oil in Place (bbls) Original Oil in Place Surface Volume (bbls) Gross Ultimate Recovery (bbls) Recovery Factor (dec) FVFO (B0) Area Conversion Factor (bbls/acre-ft)
640 30 0.15 0.20 17,874,432.00 14,895,360 4,468,608 0.30 1.2 7758
160 20 0.10 0.30 1,737,792.00 1,448,160 434,448