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Decline Curve Analysis and Empirical Approaches

Coventry Academy - Decline Curve Analysis and Empirical Approaches
5
Days

Course Schedules

Training course overview

Decline curve analysis is an important tool for estimating the future production of oil and gas wells. It involves fitting a mathematical model to historical production data to predict future production. This course will cover the theory and practical applications of decline curve analysis, including empirical methods for production forecasting. Participants will learn about the different types of decline curves, how to identify them, and how to use them to optimize production.

What are the goals?

By the end of this training course, participants will be able to:

  • Understand the principles of decline curve analysis and the different types of decline curves
  • Learn how to use decline curve analysis to predict future production
  • Learn how to identify production trends and diagnose well performance issues
  • Understand the limitations and uncertainties associated with decline curve analysis
  • Learn about empirical methods for production forecasting
  • Develop skills in analyzing and interpreting production data

Who is this training course for?

This training course is suitable to a wide range of professionals but will greatly benefit:

  • Reservoir engineers
  • Production engineers
  • Production technologists who are involved in analyzing and optimizing oil and gas production
  • Geoscientists, managers, and other professionals who need to understand the principles of decline curve analysis and empirical methods for production forecasting

Course Outline

Day One: Introduction to Decline Curve Analysis
  • Overview of decline curve analysis and its applications
  • Types of decline curves and their characteristics
  • Data preparation and analysis
Day Two: Exponential Decline Curve Analysis
  • Principles of exponential decline curve analysis
  • Fitting the exponential model to production data
  • Diagnosing well performance issues using exponential decline curves
Day Three: Hyperbolic Decline Curve Analysis
  • Principles of hyperbolic decline curve analysis
  • Fitting the hyperbolic model to production data
  • Diagnosing well performance issues using hyperbolic decline curves
Day Four: Arps Decline Curve Analysis
  • Principles of Arps decline curve analysis
  • Fitting the Arps model to production data
  • Diagnosing well performance issues using Arps decline curves
Day Five: Empirical Methods for Production Forecasting
  • Overview of empirical methods for production forecasting
  • Examples of empirical methods
  • Best practices for using empirical methods

The certificate

  • Coventry Academy Certificate of Completion for delegates who attend and complete the training course

Coventry Academy
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