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You forgot to multiply by the oil saturation and divide by the...

  1. Optionsman
    35 Posts.
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    16/02/14
    23:44
    Post #: 12943109
    You forgot to multiply by the oil saturation and divide by the formation volume factor. Typical numbers are So=0.5-0.8 and Bo=1.1-1.7, but I have no idea what the actual numbers are for Ungani.

    So if you take your 94 mmbo and use So=0.7 and Bo=1.3 (as an example) then OOIP = 50 mmbo.

    OM
    BRU Price at posting: $1.97 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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