Use this simple drilling calculator to calculate estimated ultimate recovery (EUR) using stooip, ultimate recovery factor values.
Formula:
EUR = STOOIP x URF
Where,STOOIP = stock tank original oil in place
URF = Ultimate Recovery Factor
Use this simple drilling calculator to calculate estimated ultimate recovery (EUR) using stooip, ultimate recovery factor values.
EUR = STOOIP x URF
Where,STOOIP = stock tank original oil in place
URF = Ultimate Recovery Factor