Test how simple harmonic ratio segments are calculated across each tool. This builds on top of an oil forecast with the same configuration as Hyperbolic Simple.
- Create a production forecast for oil.
- Add a hyperbolic segment for oil with these parameters:
- Start date of 01/01/2025
- Duration (
$t$ ) of 5 years- Note: if the tool doesn't allow duration to be provided in years, try to provide it either as 60 months, or 1826.25 days
- Initial rate (
$q_{oil,i}$ ) of 5000 bbl/d - Initial decline rate (
$D_{oil,e}$ , i.e., effective initial decline rate) of 70 %/yr - Exponent (
$b$ ) of 0.9
- Create a production forecast for gas as a ratio against oil.
- Add a harmonic segment for gas with these parameters:
- Start date of 01/01/2025
- Duration (
$t$ ) of 5 years - Initial ratio (
$q_{gas,i}$ ) of 1 mcf/bbl - Initial effective decline rate (
$D_{gas,e}$ ) of 70 %/yr
Oil
Gas-oil ratio
Gas
Oil
Gas
