This spreadsheet calculates simple profitability of a project using inputs you provide.
There are many reasons to estimate the profitability of a prospect. To help in
making drilling decisions, to attract private investors, and to secure
management approval of a project are a few.
Two of the questions asked most frequently are: “What is the difference between
measured thickness and true vertical thickness?” and “How does the difference
affect reservoir volume calculations?” The following presentation is an example of
how not making a proper correction can affect volumetrics.
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