Question: hand written For the following data points, use the exponential decline analysis (DCA) to answer the following questions: 1. What is the initial oil production

hand written

For the following data points, use the exponential decline analysis (DCA) to answer the following questions: 1. What is the initial oil production rate? 2. Calculate the decline rate 3. When dose the flow rate drops to 100 BOPD? 4. Assuming an economic limit of 100 BOPD, what is the remaining oil to be produced? 5. It was found that after 20 months, the production declines harmonically with a decline rate same as the exponential decline rate (part 2). Calculate the remaining oil to be produced until the 100 BOPD economic limit

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