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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 reserves-to-production ratio ( RPR or R/P) is the remaining amount of a non-renewable resource, expressed in time. While applicable to all natural resources, the RPR is most commonly applied to fossil fuels, particularly petroleum and natural gas. The reserve portion ( numerator) of the ratio is the amount of a resource known to exist in an ...
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 ...
Relative permeability. In multiphase flow in porous media, the relative permeability of a phase is a dimensionless measure of the effective permeability of that phase. It is the ratio of the effective permeability of that phase to the absolute permeability. It can be viewed as an adaptation of Darcy's law to multiphase flow.
Turndown ratio refers to the width of the operational range of a device, and is defined as the ratio of the maximum capacity to minimum capacity. For example, a device with a maximum output of 10 units and a minimum output of 2 units has a turndown ratio of 5. The term is commonly used with measurement devices and combustion plant like boilers ...
A petroleum reservoir or oil and gas reservoir is a subsurface accumulation of hydrocarbons contained in porous or fractured rock formations. Such reservoirs form when kerogen (ancient plant matter) is created in surrounding rock by the presence of high heat and pressure in the Earth's crust. Reservoirs are broadly classified as conventional ...
The barrel of oil equivalent ( BOE) is a unit of energy based on the approximate energy released by burning one barrel (42 US gallons, 35 imp gal or about 159 litres) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure ...
Energy conversion efficiency ( η) is the ratio between the useful output of an energy conversion machine and the input, in energy terms. The input, as well as the useful output may be chemical, electric power, mechanical work, light (radiation), or heat. The resulting value, η (eta), ranges between 0 and 1. [ 1][ 2][ 3]