FORECASTING ULTIMATE RECOVERY OF OIL AND OIL PRODUCTION FOR A MULTIPLY-FRACTURED HORIZONTAL WELL

摘要

A system and method to forecast oil production and estimated ultimate recovery of oil from a multiply-fractured horizontal shale oil well. The method includes determining oil flow behavior of the oil well during linear stage flow and pseudo boundary stage flow of a well. Oil production forecasts and estimated ultimate recovery are determined based on the flow behaviors of the well and historical oil production rate data obtained from sensors disposed in or around the well. The system includes said sensor for measuring properties of the well and, optionally, a computer processor for executing the method.