Oil Flowing material balance excel tool

A comprehensive Excel-based tool utilizing the flowing material balance technique to estimate key reservoir properties from:

Inputs

1. Oil flow rates

2. Wellhead or bottom-hole pressure

Calculated Parameters

1. Original Oil in Place (OOIP)

2. Permeability

3. Skin damage

4. Drainage area

5. Average reservoir pressure

Benefits

1. Simplified reservoir analysis

2. Quick estimation of critical parameters

3. Enhanced decision-making for optimized production

4. Reduced uncertainty in reservoir modeling

Technical Requirements

1. Microsoft Excel

2. Basic understanding of petroleum engineering principles

Potential Applications

1. Reservoir evaluation and characterization

2. Production optimization

3. Field development planning