Analysis of Production

$2.00

Abstract

Analysis of production decline curves to estimate remaining production from a well or a property is one of the most basic and production from a well or a property is one of the most basic and widespread tools used in the petroleum industry. Decline curve widespread tools used in the petroleum industry. Decline curve analysis has been shown to be a very useful prediction tool when analysis has been shown to be a very useful prediction tool when reservoir rock and fluid data are not of sufficient quantity to allow reservoir rock and fluid data are not of sufficient quantity to allow the use of more sophisticated reservoir engineering techniques. In the use of more sophisticated reservoir engineering techniques. In most cases, only production records are available for the analysis of a most cases, only production records are available for the analysis of a property. More engineers and geologists use the decline curve method property. More engineers and geologists use the decline curve method to estimate remaining reserves than any other technique available to to estimate remaining reserves than any other technique available to the industry today.