Decline Model Comparison — Arps, Duong, PLE

Side-by-side comparison of three decline models with EUR analysis. Named inputs for all model parameters. 21 time steps out to 360 months with model spread analysis.


Inputs

Named cells you can edit — every result recalculates from them.

Name Description Default Unit
DMF_Qi Initial Rate 800 bbl/day
DMF_Qecon Economic Limit 10 bbl/day
DMF_Arps_Di Di 0.08 1/month
DMF_Arps_b b-exponent 0.7 dimensionless
DMF_Duong_a a constant 1.3 dimensionless
DMF_Duong_m m exponent 1.15 dimensionless
DMF_PLE_Di Di 0.10 1/month
DMF_PLE_n n exponent 0.4 dimensionless
DMF_PLE_Dinf Dinf 0.005 1/month

2 sheets, shown with the values the file opens with

A B C D E F
1 Decline Model Comparison — Inputs
2 Three decline models compared: Arps (conventional), Duong (unconventional tight oil/gas), and PLE (Power Law Exponential). Each model predicts different late-time behavior — the EUR comparison shows how much this matters.
3
4 Common Parameters
5 Initial Rate 800 bbl/day
6 Economic Limit 10 bbl/day
7
8 Arps Parameters
9 Di 0.08 1/month
10 b-exponent 0.7 dimensionless
11
12 Duong Parameters
13 a constant 1.3 dimensionless
14 m exponent 1.15 dimensionless
15
16 PLE Parameters
17 Di 0.1 1/month
18 n exponent 0.4 dimensionless
19 Dinf 0.005 1/month
20
21 EUR Comparison
22 EUR (Arps) 24.38068039 Mstb
23 EUR (Duong) 450.947617 Mstb
24 EUR (PLE) 78.46682354 Mstb
Opens inNeeds the Petroleum Office add-in: its PO functions show #NAME? without it once Excel recalculates.
Functions used PO.DCA.Arps.EURPO.DCA.Arps.RatePO.DCA.Duong.EURPO.DCA.Duong.RatePO.DCA.PLE.EURPO.DCA.PLE.Rate
FileDeclineModelFitters.xlsx, 13 KB
CategoryProduction
For agents and tools Structure (.json) · Descriptor (.md)
Tags:
decline-curvearpsduongplemodel-comparisoneur

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