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You have just inherited 250 acres of land in south Texas. An oil company approached you and offered you a one 1/2 percent (0.005) royalty for the rights to your oil. Given the following information, answer the questions below. Size = 200 acres Thickness of oil zone = 20 feet Porosity of oil zone rock = 20 % Oil saturation in pores = 40 % Recoverable Oil = 30 % Life of the wells = 30 years You do not need to consider the cost of the wells. Helpful conversions 1 acre = 43,560 square feet 1 cubic foot = 0.178 barrels
1. How many barrels of oil are in the ground?
2. How many barrels of oil are recoverable?
3. What is the value of recoverable oil at $95 per barrel?
4. What is the value of recoverable oil at $30 per barrel?
5. How much total money do you expect if oil stays at $95 per barrel? 6. How much total money do you expect if oil stays at $30 per barrel?
6. What will be your average monthly royalty check at $95 per barrel?
7. What will be your average monthly royalty check at $30 per barrel?
Could all the people in china hold back the water behind the three gorges dam?
A sedimentation basin is used to remove suspended solids from a wastewater. The rate of flow of wastewater into the tank is 10 L/s, and the influent concentration of suspended solids is 200 mg/L.
How do you obtain the concentration field as a function of space and time?
Draw the shear and moment Diagram for a beam that is 10 feet long, supported on the left end by a roler, and the right end by a pin, and has a 1000 lb load placed in the center i.e at 5 feet.
A box of mass M=500 kg hangs by a rope from a beam with dimensions a=2.0 m and b=3.0 m. The beam has mass m=85 kg. Find the tension T_c in the cable and the magnitude of the net force F exerted on the beam by the hinge. (Engineering firms usually nee..
The velocity of the bed is limited to a maximum value of 150mm/s to the right and 300mm/s to the left; the acceleration is successively equal to 150mm/s^2 to the right, zero 150 mm/s^2 to the left, zero, etc.
Three loads P1 = 2.4 kN, P2 = 4.4 kN, and P3 = 6.4 kN are suspended as shown from the cable ABCDE. Knowing that the maximum tension in the cable is 26 kN, determine the distance dC.
Reproduce the diagram of the beam and add in where you would put conceptual pins to convert to a determinate beam for approximate analysis of them beam
A rectangular blade weighing 0.02 lbf is kept in the surface of water (sigma=0.073 N/m) solely by surface tension forces. What is the minimum perimeter of that the blade must have so that this is possible
A pump has the following pump curve is pumping at a rate of 5000gpm. Calculate (a) the total head the pump is pumping against. (b) brake horsepower required to drive the pump.
you are going to select window type and have two alternatives aluminium and wood. the window size is withhigh 1418
A normally consolidated clay soil in the field has a compression index of .25. The initial void ratio, was .6 with stress 3000 lb/ft^2. a) Find the void ratio if the stress is increased to 4500 lb/ft^2. b) find the primary consolidation settlement if..
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