An Isp of 311.2 s corresponds to an effective exhaust velocity of 3052 m/s.
This engine produces 934000 N of thrust while consuming 306.000 kg/s of propellant.
With a mass ratio of 12.50, the Tsiolkovsky equation gives a delta-V of 7709 m/s - enough for a significant orbital manoeuvre.
The propellant supply lasts approximately 751.6 seconds at this flow rate.
This is typical of hydrocarbon/LOX engines such as the Merlin or F-1.
Next stepTo maximise delta-V for a given Isp, reduce dry mass (structure and payload fraction). For chemical stages, a mass ratio of 7-10 is typical; ion stages often exceed 10.