AI-Based Decline-Curve Analysis Manages Reservoir Performance
Decline-curve analysis is one of the more widely used forms of data analysis that evaluates well behavior and forecasts production and reserves. This paper presents technologies that apply DCA methods to wells in an unbiased, systematic, intelligent, and automated fashion.
Decline-curve analysis (DCA) is one of the more widely used forms of data analysis that evaluates well behavior and forecasts future well and field production and reserves. In the complete paper, the authors develop and deploy technologies that apply DCA methods to wells in an unbiased, systematic, intelligent, and automated fashion. This method contrasts with manual DCA, the common practice of the industry.
DCA is used commonly to estimate reservoir and well productivity and ultimate recovery and evaluate reserves. Such analyses are usually performed manually through a curve-fitting process by reservoir and production engineers using their best judgement and experience.
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