What Is the Standing Oil PVT & Formation Volume Factor Calculator?
The oil formation volume factor (Bo) represents the volume in reservoir barrels (res bbl) occupied by one stock-tank barrel (STB) of oil plus its dissolved solution gas at reservoir conditions.
Because gas dissolves in crude oil under pressure, Bo is always greater than 1.0 (typically 1.1 to 1.7 bbl/STB).
How Does the Standing Oil PVT & Formation Volume Factor Calculator Work?
Standing correlated hundreds of PVT cell measurements from California crude oils to formulate empirical power-law relations for Rs and Bo as functions of API gravity, gas gravity, pressure, and temperature.
Standing Oil PVT & Formation Volume Factor Calculator Formula & Variables
The core mathematical equation utilized by this calculator is expressed as:
Standing empirical correlations relating dissolved gas-oil ratio and oil swelling to pressure, temperature, and fluid gravities.
How to Use the Standing Oil PVT & Formation Volume Factor Calculator
- Input the reservoir pressure and temperature.
- Enter the stock-tank API gravity and separator gas specific gravity.
- Use the resulting Bo and Rs for material balance and reserves estimation.
Step-by-Step Example Calculation
35° API Crude at 2500 psig and 200°F
Input Values:
Understanding Your Result
Bo indicates crude swelling; when oil is produced to the surface and gas escapes, oil shrinks by the factor 1/Bo.
Rs represents the volume of gas (scf) dissolved in each barrel of stock-tank oil.
Factors That Affect the Result
- Pressure: Higher pressure increases gas solubility (Rs), which expands Bo up to the bubble point.
- Temperature: Thermal expansion further increases Bo.
- Crude API gravity: Lighter oils dissolve substantially more gas than heavy crudes.
When Should You Use This Calculator?
- Preliminary reservoir screening prior to full laboratory PVT fluid analysis.
- Converting surface tank production into downhole reservoir volume replacement.
Assumptions & Limitations
- Applicable at or below the bubble point pressure Pb.
Frequently Asked Questions
Calculation Accuracy & Reference Note
Typically accurate within ±3% to ±5% of laboratory PVT flash vaporization tests.