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Keywords: production forecasting
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Proceedings Papers

Paper presented at the SPE Canadian Energy Technology Conference and Exhibition, March 13–14, 2024
Paper Number: SPE-218111-MS
... equations. This sophisticated approach enables the inclusion of supplementary data, thereby significantly enhancing the precision of production forecasts. As a result, these data points are adeptly employed to derive the model's underlying physical parameters, leading to highly accurate production rate...
Proceedings Papers

Paper presented at the SPE Canadian Energy Technology Conference and Exhibition, March 13–14, 2024
Paper Number: SPE-218078-MS
... Abstract Accurate production forecasting for multiple wells that have both sparse and irregular measurements concurrently is a challenging task. Type-well analysis is commonly employed to model the average decline behavior of a group of wells from empirical relationships. The modeled type-well...
Proceedings Papers

Paper presented at the SPE Canadian Energy Technology Conference and Exhibition, March 15–16, 2023
Paper Number: SPE-212723-MS
... Abstract Production forecasting and hydrocarbon reserve estimation play a major role in production planning and field evaluation. Traditional methods of production forecasting use historical production data and do not account for completion and geolocation attributes that limit their prediction...
Proceedings Papers

Paper presented at the SPE Canadian Energy Technology Conference, March 16–17, 2022
Paper Number: SPE-208884-MS
..., production forecasting using a multi-segment Arps model for all individual wells can be a challenging and time-consuming process. Although popular industry software provide some relief, each approach has its individual limitations. We present a workflow to automate the application of multi-segmented Arps...
Proceedings Papers

Paper presented at the SPE Canadian Energy Technology Conference, March 16–17, 2022
Paper Number: SPE-208909-MS
... (2) MAE = 1 n ∑ i = 1 n | q i pred − q i exp | Abstract In the past several decades, traditional decline curve analyses have been widely used as a quick and simple yet efficient method for reserve estimation and production forecasting. Several new...
Proceedings Papers

Paper presented at the SPE Canadian Energy Technology Conference, March 16–17, 2022
Paper Number: SPE-208967-MS
... model. The approach history matches and forecasts the production of unconventional gas reservoirs using rate-time models more accurately than assuming constant BHP. production monitoring reservoir surveillance production control production forecasting shale gas pressure transient testing bhp...

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