New Oil Formation Volume Factor Empirical Correlation for Middle East Crude Oils

A b s t r a c t Oil formation volume factor is one of important data in the design of various stages of oilfield operations by both reservoir and production engineers. In this study, the new correlation has been developed to estimate oil formation volume factor based on 581 set data points of Middle East crude oils; ranging between 19.4 to 52 oAPI. The new correlation has been compared with existing ones and results show that the new correlation predicts oil formation volume factor much better with the average absolute percent relative error of 1.13% for Middle East crude oils.

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