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Production forecasting decline curve analysis: Difference between revisions

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The paper by Roland Horne had a typo in the SPE paper number.
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m (The paper by Roland Horne had a typo in the SPE paper number.)
 
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*Arps 1945 and 1956.
*Arps 1945 and 1956.
*Brons 1963 and Fetkovitch 1983 applied constant pressure solution to diffucisivty equation and demonstrated that exponential decline curve actually reflects single phase, incompressible fluid production from a closed reservoir. DCA is more than a empirical curve fit.
*Brons 1963 and Fetkovitch 1983 applied constant pressure solution to diffusivity equation and demonstrated that exponential decline curve actually reflects single phase, incompressible fluid production from a closed reservoir. DCA is more than a empirical curve fit.
*Fetkovitch 1980 and 1983 developed set of type curves to enhance application of DCA.
*Fetkovitch 1980 and 1983 developed set of type curves to enhance application of DCA.
*Doublet and Blasingame 1995 developed theoretical basis for combining transient and boundary dominated flow for the pressure transient solution to the diffusivity equation.
*Doublet and Blasingame 1995 developed theoretical basis for combining transient and boundary dominated flow for the pressure transient solution to the diffusivity equation.
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#The start point(rate) of forecast .
#The start point(rate) of forecast .
#The constraints under which the forecast needs to be made.
#The constraints under which the forecast needs to be made.


However one more factor, also extremely important at this stage is to determine type of decline. Since the signature of shape may not be apparent on a log q vs. time (most used plot), literature provides many ways was to look at the same data, combine this information with other knowledge about the fields before we make our conclusions. .
However one more factor, also extremely important at this stage is to determine type of decline. Since the signature of shape may not be apparent on a log q vs. time (most used plot), literature provides many ways was to look at the same data, combine this information with other knowledge about the fields before we make our conclusions. .
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*The volume of water injected should be greater than 25% of the hydrocarbon pore volume.
*The volume of water injected should be greater than 25% of the hydrocarbon pore volume.


RF vs. HCPVI, Log (WOR) vs. Np, Log (Qo+Qw) vs. Np and Masoner plots should be also used in waterflood cases in addition to conventional methods mentioned earlier to ensure estimation of incremental recoveries due to Waterflood and/or impact on recovery due to constraints in the system. As a special case, Roland Horne..et al (SPE 84370) have proposed techniques to apply DCA on naturally fractured reservoirs that have been developed using waterflooding.
RF vs. HCPVI, Log (WOR) vs. Np, Log (Qo+Qw) vs. Np and Masoner plots should be also used in waterflood cases in addition to conventional methods mentioned earlier to ensure estimation of incremental recoveries due to Waterflood and/or impact on recovery due to constraints in the system. As a special case, Roland Horne..et al (SPE 83470) have proposed techniques to apply DCA on naturally fractured reservoirs that have been developed using waterflooding.


=== Ratio plots ===
=== Ratio plots ===
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[http://petrowiki.org/Production_forecasting_glossary Production forecasting glossary]
[http://petrowiki.org/Production_forecasting_glossary Production forecasting glossary]


[http://petrowiki.org/Sandbox:Production_forecasting_building_blocks Sandbox:Production forecasting building blocks]
[http://petrowiki.org/Aggregation_of_forecasts Aggregation of forecasts]
 
[http://petrowiki.org/Challenging_the_current_barriers_to_forecast_improvement Challenging the current barriers to forecast improvement]
 
[http://petrowiki.org/Commercial_and_economic_assumptions_in_production_forecasting Commercial and economic assumptions in production forecasting]
 
[http://petrowiki.org/Controllable_verses_non_controllable_forecast_factors Controllable verses non controllable forecast factors]
 
[http://petrowiki.org/Discounting_and_risking_in_production_forecasting Discounting and risking in production forecasting]
 
[http://petrowiki.org/Documentation_and_reporting_in_production_forecasting Documentation and reporting in production forecasting]
 
[http://petrowiki.org/Empirical_methods_in_production_forecasting Empirical methods in production forecasting]
 
[http://petrowiki.org/Establishing_input_for_production_forecasting Establishing input for production forecasting]
 
[http://petrowiki.org/Integrated_asset_modelling_in_production_forecasting Integrated asset modelling in production forecasting]
 
[http://petrowiki.org/Long_term_verses_short_term_production_forecast Long term verses short term production forecast]
 
[http://petrowiki.org/Look_backs_and_forecast_verification Look backs and forecast verification]
 
[http://petrowiki.org/Material_balance_models_in_production_forecasting Material balance models in production forecasting]
 
[http://petrowiki.org/Probabilistic_verses_deterministic_in_production_forecasting Probabilistic verses deterministic in production forecasting]
 
[http://petrowiki.org/Production_forecasting_activity_scheduling Production forecasting activity scheduling]
 
[http://petrowiki.org/Production_forecasting_analog_methods Production forecasting analog methods]
 
[http://petrowiki.org/Production_forecasting_building_blocks Production forecasting building blocks]
 
[http://petrowiki.org/Production_forecasting_decline_curve_analysis Production forecasting decline curve analysis]
 
[http://petrowiki.org/Production_forecasting_expectations Production forecasting expectations]
 
[http://petrowiki.org/Production_forecasting_flowchart Production forecasting flowchart]
 
[http://petrowiki.org/Production_forecasting_frequently_asked_questions_and_examples Production forecasting frequently asked questions and examples]
 
[http://petrowiki.org/Production_forecasting_in_the_financial_markets Production forecasting in the financial markets]
 
[http://petrowiki.org/Production_forecasting_principles_and_definition Production forecasting principles and definition]
 
[http://petrowiki.org/Production_forecasting_purpose Production forecasting purpose]
 
[http://petrowiki.org/Production_forecasting_system_constraints Production forecasting system constraints]
 
[http://petrowiki.org/Quality_assurance_in_forecast Quality assurance in forecast]
 
[http://petrowiki.org/Reservoir_simulation_models_in_production_forecasting Reservoir simulation models in production forecasting]
 
[http://petrowiki.org/Types_of_decline_analysis_in_production_forecasting Types of decline analysis in production forecasting]


[http://petrowiki.org/Sandbox:Production_forecasting_expectations Sandbox:Production forecasting expectations]
[http://petrowiki.org/Uncertainty_analysis_in_creating_production_forecast Uncertainty analysis in creating production forecast]


[http://petrowiki.org/Sandbox:Production_forecasting_flowchart Sandbox:Production forecasting flowchart]
[http://petrowiki.org/Uncertainty_range_in_production_forecasting Uncertainty range in production forecasting]


[http://petrowiki.org/Sandbox:Production_forecasting_in_the_financial_markets Sandbox:Production forecasting in the financial markets]
[http://petrowiki.org/Using_multiple_methodologies_in_production_forecasting Using multiple methodologies in production forecasting]


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== Category ==
== Category ==
[[Category:5.6 Formation evaluation and management]] [[Category:5.6.9 Production forecasting]] [[Category:SPE - Production forecasting workshop series]] [[Category:Chapter 7]] [[Category:SB]] [[Category:DW InProgress]] [[Category:DW All Pages]]
[[Category:5.6 Formation evaluation and management]] [[Category:5.6.9 Production forecasting]] [[Category:GIWS-PF]] [[Category:Chapter 7]] [[Category:DW]] [[Category:DW Complete]] [[Category:DW All Pages]]
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