Professional Documents
Culture Documents
Production Forecasts: Rashid Ali Shaikh
Production Forecasts: Rashid Ali Shaikh
Geologic Factors
Factors Affecting
Therefore a production forecast must be based upon understanding of geologic factors and the knowledge of the plan for development of the reservoir.
Other factors Availability of a market for the produced hydrocarbons esp gas The price to be received at the point of sale. Conservation of reservoir energy Determine the max rate at which a reservoir may be produced.
Economic limit
Field analogies
Abandonment