You must log in to edit PetroWiki. Help with editing

Content of PetroWiki is intended for personal use only and to supplement, not replace, engineering judgment. SPE disclaims any and all liability for your use of such content. More information


Production forecasting process

PetroWiki
Jump to navigation Jump to search

A production forecast is an estimate of gross and net volumes (oil, gas, and water) expected to be produced from a hydrocarbon accumulation over its remaining life time, as well as fluids injected to produce these volumes (water, gas, and steam). The forecast must be aligned with the hydrocarbon lifecycle development strategy and plans.