Production forecasting decline curve analysis: Difference between revisions

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#Flow rate is plotted against Time:
#Flow rate is plotted against Time:
<ol style="list-style-type: lower-alpha; margin-left: 40px;">
<ol style="list-style-type: lower-alpha; margin-left: 80px;">
<li>Very convenient since it provides future profiles directly.</li>
<li>Very convenient since it provides future profiles directly.</li>
</ol>
</ol>


#Flow rate against cumulative production:
#Flow rate against cumulative production:
<ol style="list-style-type: lower-alpha; margin-left: 40px;">
<ol style="list-style-type: lower-alpha; margin-left: 80px;">
<li>Able to incorporate impact of intermittent operations that impact production.</li>
<li>Able to incorporate impact of intermittent operations that impact production.</li>
<li>Provide recovery estimates at a specific economic limit.</li>
<li>Provide recovery estimates at a specific economic limit.</li>
</ol>
</ol>


INSERT FIGURE 3&nbsp;Rate verses&nbsp;Time and&nbsp;Rate verses&nbsp;Cum Oil
INSERT FIGURE 3&nbsp;Rate verses&nbsp;Time and&nbsp;Rate verses&nbsp;Cum Oil
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