Paper: An Efficient Computer Program For Decline Curve Analysis of Oil Gas Wells

This paper explains the development and the applications of a simple, accurate, and efficient computer program for decline curve analysis of both oil and gas wells. By utilizing root extraction technique in numerical methods, the decline exponent n of a given oil/gas property with production rate - time data can be computed directly and the initial decline rate Di can then be determined. With the values of n and D., the governing decline equation *or the property can be formulated and used to predict its future performance. The computer program uses very little computer memory space and it runs very fast. Three examples are included to show the accuracy and speed of the program.