OVERVIEW • Estimate production oil rate • Find well location
ESTIMATE PRODUCTION OIL RATE • Objective: § Estimate total oil production rate of all well up to 10 years using only the first 3 years (1 to 1, 096 days) of production data § Calculate the l 2 -norm of the estimation errors
ESTIMATE PRODUCTION OIL RATE • Data description
ESTIMATE PRODUCTION OIL RATE • Decline curve: Linear regression § Linear regression is the most common method of forecasting production, especially in this situation • Reasons for using it § There is currently a swing toward decline rates proportional to production rates because of lower and lower productivity wells coming on stream § If the conditions affecting the rate of production of the well are not changed by outside influences, the curve will be fairly regular
ESTIMATE PRODUCTION OIL RATE • Formula:
ESTIMATE PRODUCTION OIL RATE • Result in Matlab
ESTIMATE PRODUCTION OIL RATE • Demo
ESTIMATE PRODUCTION OIL RATE • Data after running Matlab program
ESTIMATE PRODUCTION OIL RATE • Calculate the l 2 -norm of the estimation errors § Formula: § n: Total number of data
Find Well Location • Objective: § Find a well location in terms of I-J index that can give highest initial oil production rate. Provide a report that describes your algorithm briefly, and the reasons for selecting the in-fill well location. • Note: § The problems of water and gas productions will not be considered for this project
Find Well Location • Data description • I=X • J=Y • K=Z
Find Well Location • Data structure in 3 -dimensions model
Find Well Location • How is data used in computation?