When doing balance calculations - what do folks doing the work add to the equation for "oil"?
I have seen values anywhere from "nothing" to "10 grams".
I can pretty much guarantee that the value chosen is - in the vast majority of cases - based on nothing beyond legacy, opinion, or wild guess.
The guys at Ford or NASCAR probably know exact values - the rest of bus take the best guess we can with available information.
And many balance folks will promote the accuracy of their balance to 1/4 of a gram.
I had the pleasure of digging into the software of a reasonably new, reasonably nice, and reasonably expensive balancer.
We discovered that it had a +/-3 gram fudge factor built in that would happily print out "zero" on the display.
I am NOT telling anyone that a poor job is OK, nor that anybody is misleading them.
I am telling folks not to get too freaked out if balance stuff is not perfect if/when they check it themselves.
The process catches outliers and gross errors/issues. It gets thing close.
The minutia can remain minutia without ill effects.
These are good comments Barry and I agree, although we do every one and check any one that comes in "balanced", and I think I always will

- No two balancers or scales read exactly the same either, every tool has a variance. Might as well add the scale and rod fixture setup variance too.
- We aren't spinning a round top or a tire, we are balancing a crank with varying load/unload rates from different directions with pressures and vacuums above it during operation, so as you said, gross errors (or mismatch) in the casting or forging of the counterweights are the greatest factor for balancing issues, more than the more minor issues of lesser parts.
- I'll add that I have no idea sometimes what craziness the manufacturer is really using for a target bobweight assumption.
- On an FE with a bob of about 2000, oil is well under 1% of the bob, so you can likely use nothing to 10 grams. We generally use 5 in the formula from habit, the balancer software calculates 1-2 g higher if I plug it in, but I always do both to keep us honest.
- I'd argue the oil is never the exactly the same value in operation too, but as above, close enough. All parts are coated in oil in operation, you have bearing surface oil, bleed and what's in the passage. It's dynamic like everything else. As I think about this, I think more than 5 g may be wise, but at way under 1% of bob, I think it's measuring with a micrometer cutting with an axe
All that being said, call me old fashioned and/or wasting time, I do the measuring and math on every one, and then verify balancer input to check twice.