Main reservoir engineering equations
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Stock tank oil initially in place
where:
STOIIP - Stock tank oil initially in place;
v - the net bulk volume of the reservoir rock;
φ - the porosity, or volume fraction of the rock which is porous;
Swc - the connate or irreducible water saturation and is expressed as a fraction of the pore volume;
Boi - the oil formation volume factor, under initial conditions, and has the units reservoir volume/stock tank volume, usually, reservoir barrels/stock tank barrel (rb/stb).
Darcy's law
Q - volumetric flow rate (m3/s or ft3/s)
k - permeability, (mDarcy or m2)
A - flow area perpendicular to L (m2 or ft2)
μ - viscosity, (Pa·s)
(Pb - Pa) - pressure drop (Pa or psi)
L - flow path length (m or ft),