STOOIP Formula
Equation for calculate stooip is,
STOOIP = 7758 x ORA x NPT x P x OSa x OSh
Where,ORA = Oil Reservoir Area
NPT = Average Net Pay Thickness
P = Porosity
OSa = Oil Saturation
OSh = Oil Shrinkage
Equation for calculate stooip is,
STOOIP = 7758 x ORA x NPT x P x OSa x OSh
Where,ORA = Oil Reservoir Area
NPT = Average Net Pay Thickness
P = Porosity
OSa = Oil Saturation
OSh = Oil Shrinkage