GEOL 4143 1. 2. 3. 4. 5. - Quiz #7 What is the best reservoir drive mechanism? Water drive A lead is a potential accumulation but requires more evaluation. Name three primary mechanism drives: pressure depletion, gas cap expansion, water drive Known reserves (P1) are ) proven reserves Give the complete oil volumetrics equation using American units (i.e. not metric): Recoverable Reserves (BBLS) = 7758xAx h xOx(1-S*) x RF B" 6. List the components of this equation and give their associated units: Recoverable oil: amount of recoverable oil (BBIS) 7758: conversion factor (acre ft x7758 = BBLS) A: Area of accumulation (acres) h: thickness of pay zone (feet) O: porosity (decimal) Sw: water satuation (decimal) [(l-Sw] = hydrocarbon saturationl Bo: oil formation volume factor/shrinkage factor (reservoir bbl/stock tank bbl) RF: recovery 7. factor (decimal) List the main differences between the oil and gas volumetrics equations: The conversion factors (7,758 and 43,560) The formation volume factors (Bo: reservoir bbl/stock tank bbl and Bg: reservoir cubic feet/standard cubic feet) 8. Volumetric analysis for reserve calculations typically the best evaluation method to use to calculate reserves when there is no production history 9. A project associated with a potential accumulation that is sufficiently well defined to represent viable drilling target is a prospect. a 10. Define 3P reserves: proved plus probable plus possible 11. Name one estimated recovery procedure: analogy, performance based estimates 12. Name the from Chip Taylor's presentation: A tandman atways words with a geologist 13. What are the two significant drilling and completion innovations? Horizontal drilling and hydraulic fracing Extra Credit: What is the difference between conventional and unconventional? **Also a good idea to know the gas volumetrics equation: Recoverable Gas (cubicftl = 43,560 xAx h xO x (1-S*l x RF B, OGIP: OriginalGas ln Place A: Area (acres) h: average thickness of pay zone (feet) (D: porosity (decimal) Sw: Water Saturation (decima!) [ (l-Sw] = hydrocarbon saturationl Bg: Gas Formation Volume Factor/expansion factor (reservoir cubic 43.560: conversion factor (acre ft x 43,550 = cubic feet) RF: Recovery Factor (decimal) [RCF=reservoir cubic feetl ft/standard cubic ft)