Oil Volumetrics Assessment Template

Professional Reserve Evaluation & Investment Analysis Tool

Suitable for Asset Acquisition, Partnership Evaluation & Reserve Reporting

📊 Basic Prospect Information

Prospect/Field Name

Assessment Date

Geoscientist/Evaluator

Assessment Type

🗺️ Structural & Depth Analysis

📏 Depth Unit System

📐 Thickness Unit System

Parameter Value Unit Comments
Top Reservoir Depth (TVDSS) m
Base Reservoir Depth (TVDSS) m
Oil-Water Contact (OWC) m TVDSS
Gas-Oil Contact (GOC) m TVDSS
📈 Probabilistic Reservoir Parameters (P10/P50/P90)

🎯 Probability Definitions

P90 (Conservative): 90% probability that actual value is equal to or greater than this estimate

P50 (Best Estimate): 50% probability that actual value is equal to or greater than this estimate

P10 (Optimistic): 10% probability that actual value is equal to or greater than this estimate

Parameter P90 (Low) P50 (Best) P10 (High) Unit Data Source
Gross Rock Volume Area km²
Net Reservoir Thickness m
Net-to-Gross Ratio (N/G) fraction
Porosity (φ) fraction
Water Saturation (Sw) fraction
Formation Volume Factor (Bo) rb/stb
🛢️ Recovery Factor Analysis
Recovery Method P90 (Low) P50 (Best) P10 (High) Unit Basis/Assumptions
Primary Recovery Factor fraction
Enhanced Recovery Factor fraction
📐 Calculation Formulas
STOIIP (Stock Tank Oil Initially In Place):
STOIIP = Area × Net Thickness × N/G × Porosity × (1 - Sw) / Bo
Result in million stock tank barrels (MMstb)
Recoverable Oil (Primary):
Recoverable Oil = STOIIP × Primary Recovery Factor
Result in million stock tank barrels (MMstb)
Ultimate Recovery (Enhanced):
Ultimate Recovery = STOIIP × Enhanced Recovery Factor
Result in million stock tank barrels (MMstb)

📊 Volumetrics & Reserve Estimates

STOIIP P90 (Low)

-

MMstb

STOIIP P50 (Best)

-

MMstb

STOIIP P10 (High)

-

MMstb

Primary Recovery P90

-

MMstb

Primary Recovery P50

-

MMstb

Primary Recovery P10

-

MMstb

Ultimate Recovery P90

-

MMstb

Ultimate Recovery P50

-

MMstb

Ultimate Recovery P10

-

MMstb

📋 Technical Summary & Recommendations

Key Geological Risks & Uncertainties:

Commercial Viability Assessment:

Recommended Actions:

Disclaimer: This assessment is based on available data and professional judgment. Actual results may vary significantly. For investment decisions, additional technical and commercial evaluation is recommended.

Template suitable for asset evaluation, partnership discussions, and reserve reporting per industry standards.