Professional Documents
Culture Documents
Production Over Time Slides
Production Over Time Slides
Over Time
Lincoln
Pratson
Duke
University
Strata
Oil
Water
Strata
Oil
Water
WELL
PRODUCTION/DECLINE
CURVE
Production
Rate Oil
Gas
Water
Production
Time
first oil
Oil production rate
discovery well
appraisal well
build-up plateau
decline
abandonment
economic limit
Time
Annual#produc<on#(million#barrels)#
0.0#
10.0#
20.0#
30.0#
40.0#
50.0#
60.0#
70.0#
80.0#
1970#
1972#
1974#
1976#
1978#
1980#
1982#
1984#
1986#
1988#
1990#
Year#
1992#
1994#
1996#
1998#
2000#
2002#
Oil#
Jay#Field#Annual#Produc<on#
2004#
Water#
2006#
%#Water#
2008#
2010#
0%#
10%#
20%#
30%#
40%#
50%#
60%#
70%#
80%#
90%#
100%#
Water#%#per#barrel#