Arps Decline Curves: Exponential vs Hyperbolic (with Chart)
This lesson is part of the course
In this lesson
You forecast 24 months of oil rate for a new horizontal well with Arps' exponential and hyperbolic equations and chart how differently they decline.
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Lessons in this course
- Units: Barrels, Mcf & BOE (6:1), Daily Rates & Liquids Share Locked
- Arps Decline Curves: Exponential vs Hyperbolic (with Chart) Locked
- Monthly Volumes, Cumulative Production & EUR Locked
- Netback per BOE: Price − Royalties − Opex − Transport Locked
- Well Cash Flow & NPV10 with Monthly Discounting Locked
- Breakeven Oil Price: Price Grid & First Price with NPV ≥ 0 Locked
- F&D Cost, Reserve Life & Recycle Ratio Locked
- Sensitivity Analysis: Tornado Table & Chart Locked