Latin American &Amp; Caribbean Petroleum Engineering Conference 2007
DOI: 10.2118/107907-ms
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Pressure and PVT Uncertainty in Material Balance Calculations

Abstract: Original Oil In Place (OOIP) calculations based on material balance methods are strongly influenced by data uncertainty. Although some research is available in literature, usually the effects of data uncertainty on material balance calculations are rarely considered and quantified in most studies. This work presents an approach to properly quantify and account for the impact of reservoir pressure and PVT data uncertainty on material balance calculations under different drive mechanisms and using different mate… Show more

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