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Anchor
Current_rate_cumulative
Current_rate_cumulative
Match the value of the current rate and cumulative 
LaTeX Math Inline
body--uriencoded--q%5e*(t=t_N) = q_N
LaTeX Math Inline
body--uriencoded--Q%5e*(t=t_N) = Q_N

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The value of the model rate at the current time moment and decline pace are set to match both current rate 

LaTeX Math Inline
body--uriencoded--q%5e*(t=t_N) = q_N
 and current cumulative 
LaTeX Math Inline
body--uriencoded--Q%5e*(t=t_N) = Q_N
.

This makes Exponential Production Decline and Harmonic Production Decline are fully set while Hyperbolic Production Decline has opportunity to vary one model parameter

LaTeX Math Inline
body--uriencoded--\%7B b \%7D
 to achieve the best fit to the training dataset.

Exponential Production DeclineHyperbolic Production DeclineHarmonic Production Decline

LaTeX Math Inline
bodyb=0

LaTeX Math Inline
body0<b<1

LaTeX Math Inline
bodyb=1

LaTeX Math Block
anchor1
alignmentleft
q(t) = \frac{Q_N/\tau_0}{1-\exp(-t_N/\tau_0)}  \cdot \exp(-t/\tau_0) 
LaTeX Math Block
anchor003NF
alignmentleft
q(t) = \frac{(1-b) \cdot Q_N/\tau_0}{ 1 - \left( 1 + b \, t_N/\tau_0 \right) ^{-b/(1-b)}} \cdot \frac{1}{\left(1 + b\, t/\tau_0 \right)^{1/b}}
LaTeX Math Block
anchor1
alignmentleft
q(t)=\frac{Q_N/\tau_0}{\ln (1+ t_N/\tau_0)} \cdot \frac{1}{1+t/\tau_0}

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