Application of GompertzBased Grey Model to Oilfield Production Forecast

Abstract

Abstract: With the increasing of overseas oilfield cooperation projects, proper evaluation of a significant project needs quick forecasting the oil production from the current and the long term. Based on Gompertz model that can be used for fine characterization and description of S?type curves, and its grey model that requires fewer data points, this paper presents a new approach for prediction of a field cumulative oil production by Gompertz?based grey model. The case study shows that this model has strong anti?interference capacity and high accuracy in regression and history matching of production data, by which the production forecast of an oil?gas field will be of certain accuracy and reliability

CLC Number:

TE331

TANG Guoping1, JIANG Hanqiao1, DING Shuaiwei1, LI Junjian1, GAN Yunyan2. Application of GompertzBased Grey Model to Oilfield Production Forecast[J]. , 2013, 34(4): 1-1.

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Application of GompertzBased Grey Model to Oilfield Production Forecast

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