Forecasting production of liquid rich shale (LRS) reservoirs using simple models

摘要

Due to the advent of shale reservoirs as important sources of oil and gas production, there has been a critical need for reliable techniques for forecasting production and estimating reserves from these plays. This work presents the results of a study to determine whether simple decline models can be used to forecast production and estimate reserves of both oil and gas in liquid rich shale (LRS) reservoirs with reasonable accuracy. We found that hybrid models (i.e., one model such as the Duong model for transient flow coupled with a different model, such as the Arps hyperbolic model with an appropriate value of the parameter "b") are appropriate for forecasting oil production and that it is possible to forecast solution gas production with availability of adequate data.