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- W2009033413 abstract "ABSTRACT This paper presents a statistical model of the natural gas depletion process1. The model is developed to estimate gas-well recoverable reserves and predict first-year production rate in a typical mature petroleum basin in the U.S. Our empirical results suggest that we can estimate, using least squares approach, new gas-well gas recoverable reserves and predict its first year production using our knowledge of the well's absolute open flow potential and the prevailing wellhead natural gas prices. Our results also suggest that we have no strong statistical evidence to reject the null hypothesis that per gas-well recoverable reserves and first-year gas production increase with wellhead natural gas prices. Given a set of geologic conditions, we utilized the model to determine the sensitivity of gas-well reserves and first-year production to changes in wellhead prices." @default.
- W2009033413 created "2016-06-24" @default.
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- W2009033413 date "1994-05-22" @default.
- W2009033413 modified "2023-10-16" @default.
- W2009033413 title "Use of Least Squares To Estimate Gas-Well Gas Recoverable Reserves and First-Year Gas Production" @default.
- W2009033413 cites W2010628836 @default.
- W2009033413 doi "https://doi.org/10.2118/27943-ms" @default.
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