Produced water and handling cost
Separate water fraction, water-to-oil ratio and water handling cost.
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Formula and assumptions
Use oil and produced-water volumes at compatible measurement conditions, for the same period and scope. Produced water is not a groundwater-level measure. With zero oil, the water-to-oil ratio and cost per oil unit are undefined. Gas and treatment suitability are excluded.
waterCut = 100 × water / (oil + water); WOR = water / oil; C = water × handlingCostMethod references
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