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RE2 Decline Problem

This document contains production data for an oil field over time including cumulative production, oil rate, and time. It analyzes the production decline curve using a linear regression of log oil flow rate versus time to estimate parameters like the decline rate per year, economic limit of the field, and estimated ultimate recovery of oil from the field.

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Taha
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70 views8 pages

RE2 Decline Problem

This document contains production data for an oil field over time including cumulative production, oil rate, and time. It analyzes the production decline curve using a linear regression of log oil flow rate versus time to estimate parameters like the decline rate per year, economic limit of the field, and estimated ultimate recovery of oil from the field.

Uploaded by

Taha
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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RE-2 Assignment

Time (Years)
0
0.063
0.099
0.126
0.178
0.444
0.811
1.26
1.775
2.318
2.901
3.507
4.153
4.825
5.575
6.392
7.318
8.375
9.605
11.186

Cumulative Production (MMSTB


0
0.13
0.19
0.24
0.34
0.68
0.96
1.21
1.44
1.62
1.77
1.91
2.04
2.15
2.24
2.33
2.41
2.48
2.55
2.61

Oil Rate (STB/day)


5451
5288.6
5208.8
5158.7
4741.3
2403
1745.2
1341.7
1018.4
787.9
680.9
581.1
485.9
399.9
318.5
254.6
208.1
166.3
130.3
98.5

Time (years) (x)

Log oil Flow rate


(STBD) (y)

x2

y2

xy

0.063
0.099
0.126
0.178
0.444
0.811
1.26
1.775
2.318
2.901
3.507
4.153
4.825
5.575
6.392
7.318
8.375
9.605
11.186
70.911

3.7233407207
3.7167376823
3.7125402726
3.6758974356
3.3807537708
3.2418452043
3.1276554198
3.0079183906
2.8964711005
2.8330833342
2.7642508754
2.6865468991
2.6019514041
2.5031094367
2.4058583993
2.3182720802
2.2208922492
2.1149444157
1.9934362305
54.9255053217

0.003969
0.009801
0.015876
0.031684
0.197136
0.657721
1.5876
3.150625
5.373124
8.415801
12.299049
17.247409
23.280625
31.080625
40.857664
53.553124
70.140625
92.256025
125.126596
485.285079

13.8632661222
13.8141389993
13.7829552754
13.5122219574
11.4294960588
10.5095603287
9.7822284248
9.0475730448
8.3895448359
8.0263611784
7.6410829024
7.2175342409
6.7701511095
6.265556852
5.7881546376
5.3743854379
4.9323623826
4.4729898816
3.9737880051
164.5933516751

0.2345705
0.367957
0.4677801
0.6543097
1.5010547
2.6291365
3.9408458
5.3390551
6.71402
8.2187748
9.6942278
11.157229
12.554416
13.954835
15.378247
16.965115
18.599973
20.314041
22.298578
170.98417

-0.9494997878
3.4076850494
0.5313617497
3.7321578947
2.8908160696
-0.1480558976

standard deviation of x
standard deviation of y
Mean of x
Mean of y
Slope

Di
Di

0.3409727321
0.0009341719

per year
per day

Life of the Field

qi
Di
Economic Limit

5451
0.001
20

stb/day
per day
stb/day

Life of the field (t)


Life of the field (t)

5608.922
15.366909589

days
years

Estimated Ultimate Recovery

qi
Di
Economic Limit

5451
0.001
20

stb/day
per day
stb/day

Gp

5431000

STB

Slope
Di
Di

#REF!
#REF!
#REF!

per year
per day

Rate Vs Time (Cartesian)


6000
5000
4000

Rate Vs Time

3000
2000
1000
0
0

10

12

Log Rate Vs Time


10000
1000
Rate Vs Time
100
10
1
0

10

12

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