Principal components methodology – A novel approach to forecasting production from liquid-rich shale (LRS) reservoirs

With increasing global demand for energy, the importance of unconventional shale oil and gas research cannot be over-emphasized. The oil and gas industry requires rapid and reliable means of forecasting production. Existing traditional decline curve analysis (DCA) methods have been limited in their...

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Bibliographic Details
Main Authors: Ibukun Makinde, W. John Lee
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2019-09-01
Series:Petroleum
Online Access:http://www.sciencedirect.com/science/article/pii/S2405656117301207