“…The technique is a three stage process. First, an initial estimate of oil volume (V oil , 0 ) is made, assuming a two-phase saturation, by using (Simpson et, al., 2001) 3 7 ) where, C hc is the carbon index of the aggregate hydrocarbon, and it is a volumetrically weighted sum of the individual components given as (Simpson, et, al., 2001) gas oil…”