Question: Can you solve these problems please 1- Demonstrate that the OIP equation requires the use of the conversion factor 7758 when the following units are
Can you solve these problems please
1- Demonstrate that the OIP equation requires the use of the conversion factor 7758 when the following units are applied: OIP = 7758 . A . h . q . (1 - Swe) . Boi 1 . OIP (Oil in Place): barrels (STB) . A (Area of the reservoir): acres . h (Reservoir thickness): feet . (Porosity): dimensionless (fraction, between 0 and 1) . Swe (Connate water saturation): dimensionless (fraction, between 0 and 1) . Boi (Initial oil formation volume factor): reservoir barrels per stock tank barrel (RB/STB), dimensionless ratio 2- A particular reservoir has a pore volume of 5x 10^5 bbls and a pore volume compressibility of 12x10^-6 1/psi. How much fluid would be produced from the formation by a 500 psi decrease in pressure due to the change in pore volume? 3- How does overpressure fluid pressure regime affect drilling decisions in a reservoir? Provide an exampleStep by Step Solution
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