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Q1: An oil well is producing from saturated reservoir with an average pressure of 4000psi. A flow after flow test was conducted in this reservoir,
Q1: An oil well is producing from saturated reservoir with an average pressure of 4000psi. A flow after flow test was conducted in this reservoir, and the test results were: i. Construct the IPR of this well using Fetkovich approach. ii. Construct the IPR of this well using Vogel's approach. Note: you are aware that there are two approaches when you have multiple flowrate tests: using only one flowrate or using all the data points. Please apply the second approach where you utilize all points. Providing statistical analysis for qomux (confidence interval) is a bonus. Hint: it's a regression problem. iii. What is the difference between the two methods, and which one is more accurate
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