Description

In recent years, production decline-curve analysis has become the most widely used tool in the industry for oil and gas reservoir production analysis. However, most curve analysis is done by computer today, promoting a "black-box" approach to engineering and leaving engineers with little background in the fundamentals of decline analysis. Advanced Production Decline Analysis and Application starts from the basic concept of advanced production decline analysis, and thoroughly discusses several decline methods, such as Arps, Fetkovich, Blasingame, Agarwal-Gardner, NPI, transient, long linear flow, and FMB. A practical systematic introduction to each method helps the reservoir engineer understand the physical and mathematical models, solve the type curves and match up analysis, analyze the processes and examples, and reconstruct all the examples by hand, giving way to master the fundamentals behind the software. An appendix explains the nomenclature and major equations, and as an added bonus, online computer programs are available for download.