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ASME's Mechanical Engine…ing Toolkit 1997 December
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ASME's Mechanical Engineering Toolkit 1997 December.iso
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petindsw.exe
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READPROJ.DOC
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1990-12-10
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OILPROJ.EXE can be useful in estimating oil production from new
prospects where wells exist in the area which can be used for a
comparative analysis.
In order to use this program the following steps are recommended:
(1) Select typical wells in the area and determine the average
production realized before a decline began.
(2) Select a typical well and run OILDECL.EXE on the decline
portion of the production cycle in order to determine the
intercepts and factors needed to make the projections when
running OILPROJ.EXE.
(3) Run OILPROJ.EXE using the above information and obtain an
estimate of possible production from the prospect.
(4) This estimated is strictly a "Ball Park" estimate and should
be viewed as such.
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