... of model parameters using well grouping, the methodology establishes a probabilistic forecast for the individual wells. This paper presents a probabilistic performance forecasting methodology in unconventional reservoirs for wells with and without production history. Unlike other probabilistic forecasting...

... model variables. Typical model variables include dip angle, formation thickness, production rate, etc. For each run, a modified Addington-style 13 plot was made. The relationship between each model parameters and three graphical variables was used to develop the set of empirical correlations...