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Decline Curve Exercise

The document provides production data from an oil well and lists 5 analysis tasks: 1) Plot the data in various ways, 2) Determine the type of production decline curve, 3) Perform hyperbolic decline curve analysis to determine parameters, 4) Use the parameters to estimate future production rates, 5) Calculate remaining well life based on an economic limit. The goal is to analyze the well production data and forecast future output.

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335 views1 page

Decline Curve Exercise

The document provides production data from an oil well and lists 5 analysis tasks: 1) Plot the data in various ways, 2) Determine the type of production decline curve, 3) Perform hyperbolic decline curve analysis to determine parameters, 4) Use the parameters to estimate future production rates, 5) Calculate remaining well life based on an economic limit. The goal is to analyze the well production data and forecast future output.

Uploaded by

akshitppe11
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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A well has production data given in following table:

1) Make the following plots. a) Log qt vs. t. b) qt vs. Qp. c) Log qt vs. Qp. d) 1/qt vs. t. 2) Determine whether the decline is exponential, hyperbolic, or harmonic. 3) Use hyperbolic-decline-curve analysis with nonlinear regression on a spreadsheet to determine the exponent, initial decline rate di; and apparent initial rate, qi. 4) Use these to estimate the expected rate and expected cumulative production rate in (a) the 240th month and (b) the 480th month. 5) What is the remaining life of the well of the economic limit is 6 STB/D?

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