Material Balance Parameters

Parameter Definition Unit Source

N Stock tank oil initially in place (STOIIP) stb Volumetric Estimate

Np Cumulative oil produced stb Production Data

G Gas initially in place (GIIP) scf Volumetric Estimate

Gp Cumulative gas produced scf Production Data

Cumulative GOR
Rp scf / stb Production Data
cumulative gas produced Gp
 
cumulative oil produced Np

Rsi Initial solution gas-oil ratio scf / stb PVT Analysis

R Producing GOR gas producing rate scf/d scf / stb Production Data

oil producing rate stb/d

m initial gas cap volume dimensionless Volumetric Estimate

initial oil volume

Parameter Definition Unit Source

Bg Gas formation volume factor rb / scf PVT Analysis

Bo Oil formation volume factor rb / stb PVT Analysis

Bw Water formation volume factor rb / stb Lab / correlation

Wp Cumulative water produced stb Production Data

We Water influx stb Mathematical Model

Swc Average connate water saturation Fraction Petrophysical Data

cf Pore volume compressibility psi-1 Core Analysis /

Correlation
cw Water compressibility psi-1 Lab / correlation

dp Pressure drop psi