Cumulative production forecast of an oil will using simplified “Hyperbolic-Exponential” decline models

Cumulative production forecast of an oil will using simplified “Hyperbolic-Exponential” decline models

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Decline Curves are important tools employed in the petroleum production industry to establish a good production performance forecast of production wells. Studies have shown that neither hyperbolic nor exponential decline could accurately produce dependable forecast results, which in turn affects the various economic decisions being made on both investment and future production processes. New...
 
Published at Global journal of researches in engineering (J), 12(1), 27-40
Published in 2011
 
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Makinde, F.A., Orodu, O.D., Ladipo, A.O., Anawe, P.A.L
Orodu Oyinkepreye David » Oyinkepreye D. Orodu is a Professor of Petroleum Engineering and has varied Oil & Gas industry experience spanning field operations in pipeline integrity and academia. Preye holds a bachelor's degree in Chemical Engineering from the University of Port Harcourt; master's in Oil & Gas Engineering, the Robert Gordon University and a doctorate in Oil & Natural Gas Engineering, China University of... view full profile
Orodu Oyinkepreye David
 
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