Question: ( Petroleum engineering Qs - Integrated Reservoir management ) The material balance equation is one of the reliable approaches used by reservoir engineers to estimate

( Petroleum engineering Qs - Integrated Reservoir management)The material balance equation is one of the reliable approaches used by reservoir engineers to estimate initial gas in place when enough production-pressure history is available. Consider below volumetric gas reservoir with production history data as shown in the below Table:
\table[[Time, years,Reservoir Pressure, psia,Cumulative production, MMscf],[0,2100,0],[1,2008,1.4],[2,1983,2.5],[3,1721,3.7],[4,1564,4.2]]
The porosity, initial water saturation, cross-sectional area, pay thickness, temperature, and specific gravity of gas are 20%,0.4,1080 acres, 40ft,160F, and 0.72 respectively. Identify the differences of gas initially in place between volumetric and pz method.
 ( Petroleum engineering Qs - Integrated Reservoir management)The material balance equation

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