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This document describes and compares two methods for estimating oil and gas reserves - volumetric and material balance methods. It analyzes reserves in four Niger Delta reservoirs using both methods. The volumetric method uses planimeter readings and reservoir parameters to calculate initial hydrocarbons in place. The material balance method uses production and pressure data plots to calculate the amount needed to match the observed pressure drop from production. There was good correlation between the resul
- Author
- Okeke Tochukwu
- Language
- EN