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What is STOIIP Estimation and Production Forecast about?

The report focuses on estimating the Stock Tank Oil Initially In Place (STOIIP) and forecasting oil production using Material Balance Analysis (MBA) with MBAL software. It concludes that the aquifer supporting the oil field is moderately strong, with an estimated size of 19312.7 mmft3 and a STOIIP of 97.36 MMSTB, indicating sustainable production over the next five years. Further analysis is recommended due to uncertainties in reservoir properties that could affect accuracy.

Author

pysv8z4wm5

Language

EN