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Exponential Production Decline has a physical meaning of producing from the finite-volume reservoir with finite reserves
under Pseudo Steady State (PSS) conditions, resulting in constant Production decline rate LaTeX Math Inline body --uriencoded--Q_%7B\rm max%7D
.LaTeX Math Inline body D(t) = D_0 = \rm const
A typical example of various fitting efforts of Exponential Production Decline are brought on Fig. 1 – Fig. 3.
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| Fig. 1. Exponential best fit to Exponential Production Decline | Fig. 2. Hyperbolic best fit to Exponential Production Decline | Fig. 3. Harmonic best fit to Exponential Production Decline |
See Also
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Petroleum Industry / Upstream / Production / Subsurface Production / Field Study & Modelling / Production Analysis / Decline Curve Analysis
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