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Ratio of Recoverable Hydrocarbon Reserves  V_{RHC} over the current production rate of these reserves  q_{HC}:

(1) \mathrm{RPR} = \frac{V_{RHC}}{q_{HC}}


In Decline Curve Analysis the RPR equation takes form:

(2) \mathrm{RPR}(t) = \frac{Q_{max}-Q(t)}{q(t)}

where

q(t)

Production rate at time  t

Q(t)

Cumulative production at time  t

Q_{max}

Estimated Ultimate Recovery


RPR is measured in time units and is usually presented in years.

For the green fields the RPR assumes the ratio of initial recoverable reserves over the initial production rate.

Although RPR is expressed in time units it does not represent the actual expected lifetime of the field because production rate is not constant over time.

Usually production rate is declining thus leading to a much longer production time than estimated by RPR.

But in many other cases the initial production rate of the green field is being increased over time due to increase in drilling and advanced completions which leads to contraction of the field lifetime comparing to RPR estimate.

The RPR is closely related to Recovery Pace  \tau and in case of Exponential Production Decline they simply match:  \mathrm{RPR} \equiv \tau and stay constant over time.

See Also


Petroleum Industry Upstream  / Petroleum Asset / Petroleum Asset Summary

Petroleum Industry / Upstream /  Production / Field Summary]

Petroleum Industry /  Upstream / Subsurface E&P Disciplines / Petroleum Geology /  Petroleum Reservoir / Recoverable Hydrocarbon Reserves ]

[ Estimated Lifetime (ELT) ][ Recovery Pace ]





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