An Evaluation of Field, The Material Balance Saskatchewan, Canada

For the purpose of reservoir-performance calculations a balance can be made between the materials with-in the reservoir and the production from the reservoir. The material balance equation, a relationship which holds under or near equilibrium conditions, has been used in many forms by the Petroleum Engineer for the determination of initial oil-in-place in the reservoir and the calculation of performance into the future. One of the more recent methods developed by Tracy, utilizes a modified form of the Schilthuis material balance. In the latter case, values of incremental production are assumed for a particular pressure drop, a value of the gas-oil ratio found and a check of this estimate made by calculation"' the initial oil-in-place. Tracy's method utilizes an estimation of the instantaneous gas-oil ratio and by trial and error a value of the gas-oil ratio is