Oil And Gas Volumetrics

Sub-skill of oil-and-gas: Volumetrics (+3).

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Volumetrics (+3)

Volumetrics

# Stock Tank Oil Initially In Place (STOIIP)
STOIIP = 7758 * A * h * phi * (1 - Sw) / Boi   # STB

# Gas Initially In Place (GIIP)
GIIP = 43560 * A * h * phi * (1 - Sw) / Bgi    # SCF

Decline Curves

import numpy as np

# Exponential decline
q_exp = qi * np.exp(-D * t)

# Hyperbolic decline
q_hyp = qi / (1 + b * D * t) ** (1 / b)

# Harmonic decline (b = 1)
q_harm = qi / (1 + D * t)

Material Balance (General Form)

# F = N * Et + We - Wp * Bw
# F  = underground withdrawal
# Et = total expansion
# We = water influx

STOIIP Function with Validation

def calculate_oil_in_place(
    area_acres: float,
    thickness_ft: float,
    porosity: float,
    water_saturation: float,
    formation_volume_factor: float
) -> float:
    """
    Calculate Stock Tank Oil Initially In Place (STOIIP).

*See sub-skills for full details.*

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