Dongkwon Han, Sunil Kwon*
FDMP-Fluid Dynamics & Materials Processing, Vol.16, No.3, pp. 411-424, 2020, DOI:10.32604/fdmp.2020.08388
Abstract This paper presents the development and application of a production
data analysis software that can analyze and forecast the production performance
and reservoir properties of shale gas wells. The theories used in the study were
based on the analytical and empirical approaches. Its reliability has been con-
firmed through comparisons with a commercial software. Using transient data
relating to multi-stage hydraulic fractured horizontal wells, it was confirmed that
the accuracy of the modified hyperbolic method showed an error of approximately
4% compared to the actual estimated ultimate recovery (EUR). On the basis of the
developed model, reliable productivity forecasts have… More >
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