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286   PERFORMANCE ANALYSIS OF UNCONVENTIONAL SHALE RESERVOIRS


                                   q    1                        13.3.2  Flow Rate Transient Analysis (RTA) and its
                            N()     i                  (13.7)    Relation to Rate Decline Analysis
                                   D 1   b
                                    i
                                                                 Arps introduced Equation 13.1 to petroleum engineers and
                                                                 economists based on empirical observations of declining
            13.3.1.3  Harmonic Decline (b = 1)
                                                                 well flow rates in petroleum reservoirs (Arps, 1944; Garb
                                                                 and Smith, 1987). The most common decline rate equation is
                            qt()  q 1  D t  1          (13.8)    the hyperbolic equation with 0 <  b < 1. Nevertheless, as
                                  i     i
                                                                 pointed out earlier, in unconventional oil reservoirs, we com-
                                 q                               monly observe the decline rates b to start as four, decline to
                           Nt()   i  ln 1  Dt          (13.9)
                                          i
                                 D i                             two, and eventually approach zero. After a short period of
                                                                 production, when bD t  1, Equation 13.1 takes the follow-
                                                                                  i
                                N()                   (13.10)    ing form:
            13.3.1.4  Beyond Hyperbolic (b ≥ 1)                                 qt()  qbD    b / 1  t  b / 1  (13.18)
                                                                                      i   i
                           qt()  q 1  bDt   b / 1     (13.11)      Thus,
                                 i      i

                       q                      1                                   1     bD i  1 b /  1 b /
               Nt()     i    1  e  Dt i  1  bDt  1  b  1  (13.12)                             t            (13.19)
                     b 1  D i             i                                      qt()    q i
                                N()                   (13.13)
                                                                 13.3.2.1  Bilinear Flow Regime  For b = 4.0, we obtain
                                                                 the classical bilinear flow equation—a signature of a vertical
            13.3.1.5  Nominal and Effective Decline Rate Terminology     hydraulic fracture, which is observed in field about a‐third of
            The initial decline rate  D , known as the  nominal decline
                                 i                               the time (Lacayo and Lee, 2014; Patzek et al., 2013).
            rate, will not remain constant unless the decline is
            exponential. The definition of decline rate D(t) at time t is                  14
                                                                                            /
                                                                                  1     4D i  4  t         (13.20)
                                 d ln  q  D                                      qt()    q i
                          Dt()             i          (13.14)
                                  dt   1  bD t
                                            i
                                                                 13.3.2.2  Linear Flow Regime  For b = 2.0, we obtain the
              In economic analysis of projects, engineers use the effec-  classical linear flow toward a vertical hydraulic fracture,
            tive decline rate, defined below:                    which is observed in the majority of stimulated wells.

                                                                                            /
                            q  q     qt    qt                                     1     2D i  12  t        (13.21)
                       d    1   2      1     2        (13.15)                    qt()    q
                             q          qt                                                i
                              1           1
                                                                   Multiplying by Δp, and using formation volume factor to
              The following equation relates the effective decline rate d   convert surface flow rate to bottom‐hole flow rate, we obtain:
            to the nominal decline rate D(t):


                                d  1  e  D            (13.16)                     p     p 2 D i  / 12  t   (13.22)
                                                                                ()
                                                                               qt B      qB i
                                                                                          i
              Finally,  the  following  equation  relates  the  cumulative
            production N(t), initial rate q , and current flow rate q(t):  Now, we compare the above equation with the RTA
                                   i
                                                                 equation for multistage hydraulic fractured well, given
                                                                 below:
                                           b 1
                               q       q
                       Nt()     i       i      1      (13.17)
                             b (  ) 1  D  qt()                                                 12 /
                                                                                                         2
                                                                         .
                                   i                                p   4 064 (  2 / )   1        t  141.2  s face
                                                                   qB    k    hny      c              k   h  hf
              We used Equations 13.6 and 13.12 separately to derive       f ,eff  hf  hf  t  fm        f ,eff
            Equation 13.17.                                                                                (13.23)
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