Abstract
The value of using both geological information and production data for predicting the future of newly producing oil pools is discussed. For such estimations the author advances a method which consists of selecting that developed pool of the district which has conditions most similar to those of the newly discovered area, and then modifying the average production decline curve, the average ultimate production per acre, and the productive acreage of the older pool to meet these new conditions. The limitations of such a method are discussed.
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