This document discusses methods for estimating hydrocarbon volumes in oil and gas accumulations, including deterministic and probabilistic volumetric estimation methods. Deterministic methods average reservoir property data from wells, cores, and seismic to estimate field-wide properties, while probabilistic methods use statistics and analog data to predict trends away from sample points. Accurate reserve estimates are important for evaluating an oil and gas company's value and longer-term prospects. The document provides terminology and formulas for calculating metrics like STOIIP and GIIP using data on reservoir area, thickness, porosity, water saturation, and gas formation volume factor.