Production Decline Curve Analysis

Production Decline Curve Analysis is a method used to forecast future oil or gas output from a well based on its past production data. By examining how production rates decrease over time, experts can model the well’s behavior and predict future production volumes. This helps operators make informed decisions about reservoir management, investment, and the remaining life of the well. Essentially, it’s a way to understand how a well’s productivity changes and to plan accordingly for efficient resource extraction.