Abstract

Published in Petroleum Transactions, AIME, Volume 207, 1956, pages 11–16. Abstract This report develops equations for decline curve analysis based upon the premise that the rate of change of the reciprocal of decline for succeeding time intervals is constant when the reservoir is produced under a fixed set of conditions. A method is shown for predicting maximum production rate against cumulative production for any reservoir. A method is also presented for predicting future production rate by an analysis of past production performance after decline has been established. Introduction No significant contribution to the analysis of decline curves by the loss-ratio method has been made since J.J. Arps paper. The concept of loss-ratio that was developed by Arps and his contemporaries has been redefined in another way and the concept of instantaneous loss-ratio at time zero has been added. In the mathematical development by Arps, production rate was related as a continuous function with time and his equations were developed on that basis. In this paper, production is considered to be a series of segments for equal time intervals and equations have been developed based upon these finite differences. It is realized that decline curve analysis is not the answer to all predictions of reservoir behavior. However, as production must decline from an initial maximum rate to zero in any reservoir, if such decline can be expressed as an infinite series, this series should accurately predict production. Decline curve analysis should be considered a valuable tool that may be used in conjunction with predictions of future recoveries by other methods. Various uses of the decline curve method will be discussed in this paper. Equations predicting production rate at any time and cumulative production by exponential and hyperbolic decline will be developed. Characteristic values of b related to various types of drive will be discussed. After that a hypothetical reservoir will be studied and ultimate recovery by natural depletion and pressure maintenance compared, then actual field examples will be shown and discussed.

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