Question: Perform a material balance analysis using the P50 STOIIP value obtained from probabilistic reserves estimation: To estimate the current cumulative recovery, Np and compare with
Perform a material balance analysis using the P50 STOIIP value obtained from probabilistic reserves estimation: To estimate the current cumulative recovery, Np and compare with the actual production history provided Estimate the recovery until the bubble-point pressure Note: Rock and fluid compressibility can be assumed to be constant within the pressure range that the calculations are carried out. Water saturation can be assumed to be the mean value reported for the purpose of material balance calculations.
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