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Production Decline Curve

In the continent of Atlantis, the petroleum engineers are always 100% accurate in their production forecasts.

The production is calculated using the basic decline formula of

Where:
qt = production at any OF Day
qi = initial production per OF Day
D = decline rate in % per OF Day, ranges from 0.50% to 3.00%
t = time in OF Days

Image coming soon.

 
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