Question: ( 2 5 % ) A well is producing with an exponential decline. The effective decline rate is 2 0 % ? year and the
A well is producing with an exponential decline. The effective decline rate is year and the initial production rate is STBD
a Estimmate the production rate at the end of the first year in STBD
b Estimate the production for the first year in barrels.
c Schedule annual production for the first five years.
d Assume the final rate of the well is ten STBD what is the productive life of the well in years?
e Estimate the Ultimate Recovery of the well in barrels.
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