...-difference numerical modeling. In the past 4 years, new technologies have emerged that, when used together, allow maximum consistency in production forecasting between these modeling approaches. The objective of this paper is to present a novel multiphase workflow integrating the most recent developments...

... length, distance to contacts... This paper describes a workflow to quickly build hybrid models for reservoir production forecast based on a mix of classic reservoir methods and machine learning algorithms. This workflow is composed of three main steps applied on a well by well basis. First, we build...

... is the major petroleum company in Oman, production forecast provides a technical input basis for the economic decisions throughout the exploration and production lifecycle. Reservoir engineers spend more than 250 days per year to complete this process. PDO Forecast Management System (FMS) was introduced...

... that consider all the constraints in the system. Business Objectives Within the oil and gas industry, production forecasting is a significant input to many decision-making processes, strategies, and investment scenarios, which are usually crucial for an E&P organization. There are many purposes...

... formation testing adjustment talara basin numerical rta model dynamic information numerical model society of petroleum engineers rate transient analysis rta field development opportunity production forecasting drillstem/well testing reservoir pressure reservoir pressure map closure analysis...

... abnormal completion or well behaviors. Automated Decline Curve Analysis Traditional decline curve analysis (DCA) methods are used to generate base production forecasts and probabilistic post-intervention forecasts for individual wells. Base forecasts (i.e., pre-intervention) are used...

...Introduction Hydrocarbon production forecasting is an important and significant step in operational decision making (short-term forecasting) and management of petroleum reservoirs (long-term forecasting). Production forecasting and reserves estimations require significant effort to include...

.... This work integrates the reservoir modeling, fracture simulation, production forecast, and synthetic data pool generation via Monte Carlo methods, and it simplifies the final optimization process into a selection from multiple options. There are many approaches used to optimize completion parameters...

... production data algorithm break point quantile regression field decline prediction production history decline curve analysis confidence band production control production forecasting decline parameter percentile information case study society of petroleum engineers reservoir Introduction...

... is the effect of multi-phase flow behavior. So, use of hybrid decline model results in a better production forecasting compared to a single decline curve. With the advent of the shale boom, many oil and gas producers struggle to forecast unconventional reservoirs effectively. We believe that this paper serves...

... Abstract The oil and gas industry is in need of rapid and simple techniques of forecasting oil and gas production. Forecasting production from unconventional, low permeability reservoirs is particularly challenging. As a contribution to the ongoing efforts of finding solutions to this problem...

... is obtained. machine learning Artificial Intelligence shale gas unconventional resource economics Energy Economics Reservoir Surveillance production forecasting Upstream Oil & Gas production monitoring shale oil oil shale production control Bayesian Inference complex reservoir...

... reservoir and flow network constraints require integration of the activities planning processes with reservoir and flow network dynamic simulation. With a concept solution that links planning activity with technical constraints, the company could enhance its production forecasting accuracy. Therefore...

... production forecasting exponent production data production monitoring Upstream Oil & Gas camacho production control Drillstem Testing theoretical expression drillstem/well testing Tiab fluid property Arp reservoir 1 decline exponent production rate decline curve analysis equation...

... be used to tune or calibrate the theoretical model. Thus a good history matching is a solid base for accurate production forecast using theoretical derived equations derived in this study. Experience told us that the production decline is related to the different reservoir fluids and drive mechanisms...