4.5.2: Field and Well Performance of Oil Reservoirs by Decline Curve Analysis

To this point in the lesson, everything that we have discussed is theoretical. That is, we developed these methods from first principles: Darcy’s Law, the definition of compressibility, basic rock and fluid properties, etc. Decline curve analysis is an Empirical Method (method based on observations) that is commonly used the oil and gas Industry. We will complete this lesson with a discussion on decline curves.

4.5.2: Field and Well Performance of Oil Reservoirs by Decline Curve Analysis section of this lesson will cover the following topics:

• 4.5.2.1: Field and Well Performance with Arps Decline Curves
  • 4.5.2.1.1: Exponential Decline (b=0)
  • 4.5.2.1.2: Hyperbolic Decline (0<b<1)
  • 4.5.2.1.3: Harmonic Decline (b=1)

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