Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

trying to figure how to get to answers. Di=0.572 ; 62.06 bopd 5-5. Production data for a well has been plotted on semi-log paper. Careful

trying to figure how to get to answers. Di=0.572 ; 62.06 bopd
image text in transcribed
5-5. Production data for a well has been plotted on semi-log paper. Careful analysis indicates that the well is declining hyperbolically. Your best fit has a "b" of 0.5 , qi of 80 bopd and a Di of 0.65/ year on August 1, 2012. Actual production between July 1, 2012 (the first month of production) and 12-31-12 is 12,000Bbl. a) What are the flow rate (bopd), decline rate (1/year), and "b" on 1-1-13? Ans: 62.06 bopd, Di=0.572 /yr, 0.5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Value In Due Diligence Contemporary Strategies For Merger And Acquisition Success

Authors: Ronald Gleich, Gordana Kierans

1st Edition

1138358576, 978-1138358577

More Books

Students also viewed these Finance questions