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Question description
EUR=Estimated Ultimate Recovery for this question
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The following production data is given. The well is assumed to exhibit exponential decline.
Month
Production (bbl)
Rate (bopd)
Cum (bbl)
Jan-2013
2,170
70
2,170
Feb-2013
2,240
80
4,410
Mar-2013
2,294
74
6,704
Apr-2013
1,800
60
8,504
May-2013
1,643
53
10,147
Jun-2013
1,620
54
11,767
a. Plot the decline curve for this data.
b. What is the nominal decline rate (1/year)?
c. If qel = 3 bopd, what are the reserves effective 7/1/13?
d. If qel = 3 bopd, what is the EUR for this well?
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