Arps decline (exponential / hyperbolic / harmonic) with closed-form EUR to an economic limit
Initial production rate (generic rate units, e.g. bbl/d or Mscf/d).
Di is always a nominal ANNUAL decline. Per-day rates are multiplied by 365 so EUR is in the rate's own volume unit.
Entered as percent per year (e.g. 10 = 0.10 /yr).
0 = exponential, 0<b<1 = hyperbolic, 1 = harmonic.
Choose whether the forecast ends at an economic rate or a fixed number of years.
Same units as qi. Production stops when the rate drops to here.
Decline curve analysis (DCA) is the workhorse of production forecasting and reserves estimation. The Arps (1945) equations describe how a well's production rate falls over time and provide closed-form expressions for cumulative production (the basis of the Estimated Ultimate Recovery, or EUR).
Integrating the rate from the initial rate down to the economic limit qlim gives the closed-form cumulative production:
The nominal decline Di is always entered per year, so the closed-form cumulative comes out in (rate × year). When the rate is a per-day rate (e.g. bbl/d), the result is multiplied by 365 days/year so that EUR is expressed in the rate's own volume unit (barrels, Mscf, etc.). Choose "per-year" to skip that conversion.
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