I am trying to understand your question.
1. Heat Exchanger Configuration
- Counter-Current, Co-Current?
- What is flowing inside the inner pipe - oil or water?
- U should be defined for the diameter of the internal pipe.
2. Inlet and Outlet Temperature
- Are both known for water?
Typically, if the outlet temperature of oil is unknown, I would use the NTU method.
NTU = U.S/(M.Cp)min
? = (M.Cp)min / (M.Cp)max
? = [ 1 - exp{ -NTU(1-?) } ] / [ 1 - ?.exp{ -NTU(1-?) } ] (for counter-current)
Q = ?(M.Cp)min(Tinlet,oil-Tinlet,water)
(M.Cp)oil = Foil * Cpoil
(M.Cp)water = Fwater * Cpwater
where F is the mass flowrate and Cp is the specific heat capacity.
(M.Cp)min refers to the lower of the 2 bulk heat capacities above.
(M.Cp)max refers to the higher of the 2 bulk heat capacities above.
S refers to the contact surface area for heat exchange. Since this is a cylindrical heat exchanger, then S = Pi.D.L where D is the diameter of the internal pipe, and L is the length of internal pipe.
Once you had worked out the heat transfer rate Q, you can derive the actual outlet oil temperature from a simple heat balance, ie. Q = rate of heat gain by water = rate of heat loss by oil