How to use Arps Decline Curve Analysis on Petrofaq Tools

Tools:ArpsDeclineCurveAnalysis | How to use Arps Decline Curve Analysis on Petrofaq Tools | DCA (Decline curve analysis)

1

Vote

Tools:ArpsDeclineCurveAnalysis allows you to:

• Analyze the decline curve using the Arps method.
• Find the coefficients for exponential, harmonic and hyperbolic declines
• Predict the production rate

How to use

1. Paste the production into Production per timestep section. The timesteps will be generated automatically, starting from 0. The production at 0 timestep is the initial production, to edit the timesteps, click on the "Edit timesteps" button.
   
2. Production data can be anything - barrel per day, or month, or any time period, but it must by consistent with time steps: if time steps are days, then production is per day; if time steps are months, then production is per month, etc.
3. Set the number of timesteps for the forecast (or uncheck the option if the forecast is not needed).
4. Click Generate Plot

Methodology

• Decline curve analysis theory.
• Python code.

See also

Other Tools

Sort by date Sort by score

Enable comment auto-refresher

Add your comment

petrofaq welcomes all comments. If you do not want to be anonymous, register or log in. It is free.