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The following data are for a neighboring well with an ongoing production decline: • qol 948 STB/day . • D₁-0.09/yr b=0.5 . What is the Estimated Ultimate Recovery for this reservoir? The units for your answer should be MMSTB and your answer should be precise to 3 decimal places: X.XXX

The following data are for a neighboring well with an ongoing production decline: • qol 948 STB/day . • D₁-0.09/yr b=0.5 . What is the Estimated Ultimate Recovery for this reservoir? The units for your answer should be MMSTB and your answer should be precise to 3 decimal places: X.XXX

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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The following data are for a neighboring well with an ongoing production decline: • qol- 948 STB/day • D₁-0.09/yr • b=0.5 . What is the Estimated Ultimate Recovery for this reservoir? The units for your answer should be MMSTB and your answer should be precise to 3 decimal places: X.XXX
Transcribed Image Text:The following data are for a neighboring well with an ongoing production decline: • qol- 948 STB/day • D₁-0.09/yr • b=0.5 . What is the Estimated Ultimate Recovery for this reservoir? The units for your answer should be MMSTB and your answer should be precise to 3 decimal places: X.XXX
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