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Keywords: variance
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Proceedings Papers
Decline Curve Analysis for Production Forecasting Based on Machine Learning
Available to PurchasePublisher: Society of Petroleum Engineers (SPE)
Paper presented at the SPE Symposium: Production Enhancement and Cost Optimisation, November 7–8, 2017
Paper Number: SPE-189205-MS
... Growth Model (LGM), to obtain a set of decline curve parameters by fitting with production data. Both the Principal Component Analysis (PCA) and sensitivity study are applied to analyze the variance and identify key factors that influence production rate from reservoir and hydraulic fracture parameters...
