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The first historically and the most popular decline curve methodology in conventional reservoirs is Arps decline model:

Fig. 1. Arp's Exponential decline Exponential Production DeclineFig. 2. Arp's Harmonic decline Hyperbolic Production DeclineFig. 3. Arp's Hyperbolic decline Harmonic Production Decline


See Also

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Petroleum Industry / Upstream /  Production / Subsurface Production / Field Study & Modelling / Production Analysis

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