Xinjiang Petroleum Geology ›› 1996, Vol. 17 ›› Issue (4): 376-379.

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A NEW MODEL FOR PREDICTING OILFIELD PRODUCTION

Liu Bin, Zhao Ming   

  1. Research Institute of Exploration and Development, Liaohe Petroleum Exploration Bureau , Panjin , Liaoning 124010
  • Received:1996-02-09 Online:1996-12-01 Published:2020-07-24
  • About author:Liu Bin, Senior Engineer,Reservoir Engineering

Abstract: Based on applied mathematics and actual data of oilfield, a new model for predicting oilfield production was presented, which is applicable at both stable production stage and decline stage of oilfield. Case study showed that it is a simple and valuable method characterized by rapid calculation and high accuracy.

Key words: Oilfield, Production forecast, Mathematical method, Total production