Decline Rate Conversions
Description
Convert between different decline rate representations. Understanding the difference between nominal and effective decline rates, and between different time bases, is essential for consistent decline analysis.
Key Concepts:
- Nominal (Dn): Continuous/instantaneous decline rate
- Effective (De): Actual rate decline over a period (De = 1 - exp(-Dn))
- Annual/Monthly: Different time bases require proper conversion
Spreadsheet Preview
37 rows x 4 columns
Required Functions
Blueprint ID
po.dca.conversions.rates