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October 31, 1975 - Gerald R. Ford Presidential Library and Museum

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A normal calculation of oil originally in place at Spraberry Trend was<br />

not possible. Productive pay thickness or fracture geometry, which<br />

would be necessary if the volumetric method were used, cannot be<br />

determined. The material balance method of analysis would require<br />

knowledge of average pressure in the reservoir <strong>and</strong> possibly rock<br />

compressibility. The consultant firm has calculated an "order of<br />

magnitude" value for 011 originally in place by assuming that the<br />

ultimate recovery proved to date represents only seven percent of the<br />

oil originally present.<br />

The FEA report on the Spraberry Trend Area was prepared by Keplinger<br />

<strong>and</strong> Associates, Inc., under Contract No. CO-05-50184-00.<br />

153

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