Recovery Factor Calculator

Formula

The formula to calculate the Recovery Factor (RF) is:

\[ RF = \frac{CO}{OO} \]

Where:

\( RF \) is the recovery factor.
\( CO \) is the cumulative oil.
\( OO \) is the original oil in place.

What is Recovery Factor?

The recovery factor refers to the proportion of the original oil in place that can be recovered from a reservoir. It is a crucial metric in the oil and gas industry, as it helps in evaluating the efficiency and potential profitability of oil extraction processes.

Example Calculation

Consider an example where:

Cumulative Oil (CO): 500,000 barrels
Original Oil in Place (OO): 1,000,000 barrels

Using the formula to calculate the Recovery Factor:

\[ RF = \frac{500,000}{1,000,000} = 0.5 \]

This means that the recovery factor for this example is 0.5, or 50%.