Hydrocarbon Volumes Sample Clauses

Hydrocarbon Volumes. 2.2.1 Volumes of hydrocarbons at standard conditions will be defined as : Vsc - VRC / FVF where VRC is the reservoir rock volume as calculated by planimetry from an agreed net pay map of the reservoir in question, multiplied by oavg x (1-Sw avg.) and FVF is the formation volume factor. (h x ou) with oavg = ______________ h Sw avg = (h x ou x Sw) _____________ (h x ou) and h, is the true vertical thickness of the pay interval (normally 2 feet) corresponding to each value of ou, Sw. All the values of ou and Sw from all the xxxxx in a given reservoir will be considered and given equal weight. 2.2.2 Datum level = The datum level will be chosen for each reservoir to be the midpoint between the highest proven oil or gas and the lowest proven oil or gas in that reservoir.
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Related to Hydrocarbon Volumes

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