SPE Lecture: Type Wells Used to Reliably Estimate Proved Reserves Using Decline Curve Analysis Method
BGC Centre Conference Room 28 The Esplanade, Perth, WA, AustraliaOil well decline curve analysis (DCA) is used to estimate remaining reserves throughout the world. DCA is an empirical method: it requires historical production data; no simulation models are needed. It is also easier to apply, since some operators may not have the resources nor data available to construct models. Sometimes the producing oil field […]