Arp's A specific type of mathematical model of Decline Curve Analysis is based , based on the following equation:
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The Exponential and Hyperbolic decline are applicable for Boundary Dominated Flow with finite reserves
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Since all physical reserves are finite the true meaning of Harmonic of Harmonic decline is that up to date it did not reach the boundary of these reserves and at certain point in future it will transform into intoa finite-reseves decline (possibly Exponential or Hyperbolic decline).
Exponential decline has a physical meaning of declining production from finite drainage volume
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Harmonic and Hyperbolic declines are both empirical.
The
See Also
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Petroleum Industry / Upstream / Production / Subsurface Production / Field Study & Modelling / Production Analysis / Decline Curve Analysis
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