Functional Approach to Data Mining, Forecasting, and Uncertainty Quantification
The difficulty in applying traditional reservoir-simulation and -modeling techniques for unconventional-reservoir forecasting is often related to the systematic time variations in production-decline rates. This paper proposes a nonparametric statistical approach to resolve this difficulty.
Ultimate Production Accurately Predicted From Initial Production
In this work, the authors perform automatic decline analysis on Marcellus Shale gas wells and predict ultimate recovery for each well.
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04 August 2020