Production Forecasting
Designed for: Engineers or technical assistants who are responsible for making forecasts of future production using decline curves. Economists, managers, or geoscientists who are interested in a firmer understanding of decline curve methods and how to make better forecasts may also benefit from this seminar.

Course Content:

- Introduction to Production Engineering Systems.
- Overview of Petroleum Engineering & the Reservoir Cycle.
- Rock & Fluid Properties.
- Introduction to Nodal Analysis.
- Inflow Performance of Oil Wells.
- Darcy's Law - pseudosteady state flow.
- Vogel's IPR, Dietz shape factors.
- Gas wells, Rawlins & Schelhardt.
- Jones' IPR relationship between Jones' IPR and R&S Transient IPR curves.
- Nodal & well orientations Pressure drop across the completion.
- Partial penetration.
- Deviated wells.
- Hydraulically fractured wells.
- Perforated completions.
- Gravel-pack completions.
- Examples and problems.
- Multiphase flow in tubing.
- Liquid holdup.
- Flow regimes.
- Critical rate to lift liquids.
- Useful correlations in nodal analysis.
- Systems analysis graph.
- Sensitivity analysis.
- Reservoir & completion.
- Tubing performance.
- Choice of node location.
- Production data analysis.
- Conventional decline curve analysis.
- Arps equations.
- Exponential; harmonic and hyperbolic decline.
- Fetkovich type curve analysis.
- PROSPER Model Examples.
- Performance & analysis of normal and gas lift wells.
- Transient flow.
- Transient vs. pseudosteady state flow.
- Estimating skin factor and permeability from transient flow.
- Estimating drainage area from pseudosteady state flow.
- History matching production data.
- Forecasting future performance.
- Introduction to Well Testing Analysis.
- Well-test flow regimes and diagnostic plots.
- Well-testing analysis and type curve matching.
- Overview of well test analysis of hydraulic fracturing.
- Overview of well test analysis of naturally fractured reservoir.
- Example & Problems.