Aren't you supposed to use 91+ with a Dinan chip? I don't have one, but I've been putting 93 in mine for as long as I've had it.
A full tank gets me between 335 and 365 miles. I reset the trip when the light comes on, and I've gone over 70 miles with the light on. Never ran out of gas, but didn't want to press my luck. I tried to figure out the mathematical stuff, but it made my head hurt. When I checked the 318is' specs
online, it said 16.4 gallon tank, but I'm pretty sure that's a lie. Somehow those numbers don't add up.
I used to have a 325 eta, which is supposed to have the same fuel economy as the 318is. I put regular in it, and a full tank got me about 275 miles. Same amount went in at fill up. When I had to get that car to pass emissions, I used 93 for a month, and my miles per gallon improved significantly As far as I can tell, paying an extra $2 for almost 90 more miles to the tank is the economical way to go, which is one of the reasons I use 93.
This is not scientific. Just my own anecdotal evidence.