A means of predicting future oil or gas well production based on past production history.
The most popular decline curve methodology is Arps curves:
| Fig. 1. Arp's Exponential decline | Fig. 2. Arp's Harmonic decline | Fig. 3. Arp's Hyperbolic decline |
See Decline Curve Analysis (DCA) @model for mathematical model.
See Also
Petroleum Industry / Upstream / Production / Subsurface Production / Field Study & Modelling / Production Analysis
Decline Curve Analysis (DCA) @model