Question: A certain oilfield will be explored with license. It is anticipated that it to contain STOIIP of 5 0 0 0 M M stb ,
A certain oilfield will be explored with license. It is anticipated that it to contain STOIIP of stb and it has recovery by primary methods, secondary and tertiary methods are and respectively. Determine the reserves and recovery by each methods. If there are a chance of producing at least chance of producing MM stb and chance of producing stb by tertiary, secondary and primary methods, then determine proved, probable and possible reserves.
This question is from petroleum engineering
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