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• W4387394104 abstract "This study provides novel insights into how a relatively new, Gaussian DCA method may be used to forecast well rates and estimate resource volumes produced from unconventional reservoirs. Production data of two wells in the Wolfcamp Shale Formation (Midland Basin, West Texas) were history-matched using both the Arps and Gaussian DCA method. Production forecasts were constructed based on the history-matching of historical production data, and the estimated ultimate recovery (EUR) was determined from the cumulative production at the end of the economic well-life (assumed here to be 40 years). Comparing the results of the conventional Arps and new Gaussian DCA method, we found the Gaussian DCA technique compared favorably to the conventional Arps method, the former being faster and having less error in the history-matching process. The traditional Arps history-matching technique is always initiated with very high initial well rates. In contrast, the very first spike in the actual production rates can be accurately captured by the Gaussian DCA method. The hydraulic diffusivity parameter that was obtained from the history-matching in the Gaussian DCA method was also compared with a calculated diffusivity using primary values obtained from laboratory and well log data. The hydraulic diffusivity parameter obtained from the Gaussian history-match of field data is at the lower side of the probabilistic values calculated based on the laboratory and well log data. A probabilistic regression analysis was applied and the estimated values' distribution was then adjusted to match the values from the history matches as a basis for the final probabilistic EUR estimations for the study wells. Separately, a bootstrapping method can be used to produce probabilistic EUR estimates based on single well data." @default.
• W4387394104 created "2023-10-07" @default.
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• W4387394104 date "2023-10-01" @default.
• W4387394104 modified "2023-10-07" @default.
• W4387394104 title "Probabilistic production forecasting and reserves estimation: Benchmarking Gaussian decline curve analysis against the traditional Arps method (Wolfcamp shale case study)" @default.
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• W4387394104 doi "https://doi.org/10.1016/j.geoen.2023.212373" @default.
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