View Related Documents

Abstract

Empiricaldecline curve forecasts of future production rates and cumulative production to be expected from certain classes of petroleum reservoirs has been a methodology practiced and relied on by petroleum geologists for many years. New ways to consider the subject are described in this paper. Thereby it is seen that these forecasts sometimes can be made even when some of the record of the past performance history is sparse (say, because it has been lost, or never recorded).

Key words  decline curves - gas drive reservoirs - oil recovery - economic forecasting - exponential/hyperbolic/harmonic decline functions

Fulltext Preview

Image of the first page of the fulltext document