GREY:ROAOF - Post by User
Comment by
Bigbadoilon Sep 08, 2005 4:35pm
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
385 Views
Post# 9525912
RE: Re- RR Report(tarsands)
RE: Re- RR Report(tarsands)
In the calculation you multipling area (acres)with net pay (ht in ft)
so you get acres*ft in the calc. 7758 is the correction to volume for 1 cu ft over 1 acre. sorry I dont know the metric eq off hand.
I know in my mind what a barrel sort of looks like but a cubic metre???
Shrinkage takes into account the presence of gas in the oil. As pressure decreases the gas expands and hence the amount of oil shrinks coming to surface. Gas is compressible. Use 0.9!! This is light oil with little gas and its not too deep (5000')
Bigbadun'