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 » Dr Oyinkepreye David Orodu has varied Oil & Gas industry experience spanning field operations and academia. He has authored/ co-authored over 60 publications including SPE papers and journal articles, and reviews articles for publication in journals. Preye holds a bachelor's degree in Chemical Engineering and master's and a doctorate in Petroleum Engineering. His areas of core competence are... view full profile
Orodu Oyinkepreye David
 
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