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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 Decline | Fig. 2. Arp's Harmonic decline Hyperbolic Production Decline | Fig. 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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