Decline curve analysis
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Decline curve analysis
Hi,
I'm working on a decline curve analysis and I've got a few problems. If none of the type curve fit my data reasonably (I'm doing a type curve analysis), what should be my next course of action?
Now, I have data for 3 wells and I'm doing single well decline curve analysis for each well. How do I determine the remaining reserves if the combined final field rate has to be 1000 stb/d? I'm thinking of extrapolating production rate for each well and pick the time when the rates from the 3 wells add up to 1000 stb/d. Is that the right way to work it out?
Any help is appreciated. Thanks.
I'm working on a decline curve analysis and I've got a few problems. If none of the type curve fit my data reasonably (I'm doing a type curve analysis), what should be my next course of action?
Now, I have data for 3 wells and I'm doing single well decline curve analysis for each well. How do I determine the remaining reserves if the combined final field rate has to be 1000 stb/d? I'm thinking of extrapolating production rate for each well and pick the time when the rates from the 3 wells add up to 1000 stb/d. Is that the right way to work it out?
Any help is appreciated. Thanks.