Have you ever needed to quickly calculate the size of your prospect or field but didn’t have a computer at hand, then iVol is just what you need. It is a simple deterministic calculator that allows the user to quickly calculate in place and recoverable volumes, both for gas and oil, in both metric and empirical units. If the gross rock volume has not been generated elsewhere then there is a simple add-on that allows the user to enter area and thickness data to calculate gross rock volume. Finally there is also a quick risking tool to calculate risk or Chance of Success.
iVol has been developed by the explorations at Noreco (Norwegian Energy Company) based in Stavanger Norway (www.noreco.com)