We demonstrate how modelling decisions for a giant carbonate reservoir with a thick transition zone in the Middle East, most notably the approach to reservoir rock typing and modelling the initial fluid saturations, impact the hydrocarbon distributions and oil-in-place estimates in the reservoir. Rather than anchoring our model around a single base case with an upside and downside, we apply a comprehensive 3D multiple deterministic scenario workflow to compare-and-contrast how modelling decisions and geological uncertainties influence the volumetric estimates. We carry out a detailed analysis which shows that the variations in STOIIP estimates can be as high as 28% depending on the preferred modelling decision, which could potentially mask the impact of other geological uncertainties. These models were validated through repeated and randomised blind tests. We hence present a quantitative approach that helps us to assess if the static models are consistent in terms of the integration of geological and petrophysical data. Ultimately, the decision which of the different modelling options should be applied does not only influence STOIIP estimates, but also subsequent history matching & forecasts.