Specific type of Production Analysis (PA) workflow based on correlation between multi-well production/injection history and permanent downhole gauges (PDG) data records.
The key engine of MatBal is a pseudo-steady state correlation between cumulative offtakes/intakes and formation pressure
pressure convolution which is based on unit-rate transient responses retrieved from Production rates / PDG data history by means of pressure deconvolution.
It does not require new data acquisition at well site and makes use of existing dynamic data records.
See Also
Petroleum Industry / Upstream / Production / Subsurface Production / Field Study & Modelling / Production Analysis