Standards › Production
Production forecasting and decline (Arps)
Ask Deckhand to forecast a well's decline and estimate ultimate recovery using the Arps decline-curve models.
Part of Wells & Subsurface · see the platform engine
The standard empirical method for forecasting oil and gas production decline — exponential, hyperbolic or harmonic — and estimating ultimate recovery from the rate history.
The fitted decline parameters, a forward rate forecast, and the estimated ultimate recovery with the assumptions stated.
Open Deck is free — bring your numbers and check the result against your own methods.
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