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Reservoir Oil Volume from Stock Tank Oil and Oil FVF Formula

Voi=NBoiV_{oi}=NB_{oi}

Reservoir Oil Volume from Stock Tank Oil and Oil FVF calculates initial reservoir oil volume for reservoir volumetrics workflows in reservoir engineering.

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How engineers use this formula

Use this formula when the listed inputs (N, B_oi) are known and the assumptions behind the cited reservoir volumetrics relationship match the engineering case being checked.

Assumptions

  • Input values are representative for the well, reservoir, fluid, or equipment case being evaluated.
  • The declared units match the field-unit constants used in the formula.
  • The cited formula applies to the selected petroleum engineering workflow.

Limitations

  • The calculation does not replace a full engineering model or operating procedure.
  • Accuracy depends on the source correlation, assumptions, input quality, and unit consistency.

Common mistakes

  • Mixing unit systems without converting the inputs.
  • Using default example values as field recommendations.
  • Applying the formula outside the source assumptions.

Default example

Using the default inputs, V_oi equals 6,000,000 bbl.

NSTB

5000000

B_oibbl/STB

1.2

Inputs

N

STB

Stock Tank Oil Volume

B_oi

bbl/STB

Initial Oil Formation Volume Factor

Outputs

V_oi

bbl

Initial Reservoir Oil Volume

N

STB

Stock Tank Oil Volume

B_oi

bbl/STB

Initial Oil Formation Volume Factor

Source and review

reviewed

AAPG Wiki. Petroleum reservoir fluid properties, formation volume factor definition.

Source

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