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The steam to oil ratio is a measure of the water and energy consumption related to oil production in cyclic steam stimulation and steam assisted gravity drainage oil production. SOR is the ratio of unit of steam required to produce unit of Oil. The typical values are three to eight and two to five respectively. This means two to eight barrels ...
The gas/oil ratio (GOR) is the ratio of the volume of gas ("scf") that comes out of solution to the volume of oil — at standard conditions. In reservoir simulation gas/oil ratio is usually abbreviated . A point to check is whether the volume of oil is measured before or after the gas comes out of solution, since the remaining oil volume will ...
The black-oil equations are a set of partial differential equations that describe fluid flow in a petroleum reservoir, constituting the mathematical framework for a black-oil reservoir simulator. [1] The term black-oil refers to the fluid model, in which water is modeled explicitly together with two hydrocarbon components, one (pseudo) oil ...
1. Interest Coverage Ratio. Can your company handle the interest payments on debt? That’s what the interest coverage ratio determines. The math: Interest coverage ratio=EBIT/Interest Expenses ...
The dynamic model combines the static model, pressure- and saturation-dependent properties, well locations and geometries, as well as the facilities layout to calculate the pressure/saturation distribution into the reservoir, and the production profiles vs. time. See also. Enhanced oil recovery; Flow Zone Unit; Fluid dynamics; Gas/oil ratio
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Viscosity models for mixtures. The shear viscosity (or viscosity, in short) of a fluid is a material property that describes the friction between internal neighboring fluid surfaces (or sheets) flowing with different fluid velocities. This friction is the effect of (linear) momentum exchange caused by molecules with sufficient energy to move ...
The tonne of oil equivalent ( toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil. It is approximately 42 gigajoules or 11.630 megawatt-hours, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist.