Production Decline Analyzer
Enter 12+ months of monthly production data. The tool fits a hyperbolic decline curve (Arps), surfaces the initial rate, decline rate, and hyperbolic exponent, and projects forward production and EUR.
Methodology & references
This tool fits a hyperbolic decline using Arps' equations (Arps, 1945; J.J. Arps, "Analysis of Decline Curves"). The fitting method:
- Hyperbolic equation: q(t) = qi / (1 + b·Di·t)^(1/b), where t is time in years from month 1
- Grid search over b ∈ [0, 2] with step 0.05; for each b, qi and Di solved by minimizing sum of squared log-residuals between actual rates and the model
- Effective annual decline reported in year 1 = (q0 - q12) / q0
- EUR computed by integrating the hyperbolic curve to 30 years (industry-standard economic limit) or to a terminal exponential decline of 6% per year, whichever comes first
Typical Appalachian b values from public well-level data: Marcellus 0.8 – 1.4; Utica 0.6 – 1.2; conventional verticals 0.0 – 0.5. b values above 1.5 are usually a fitting artifact from short time series and warrant skepticism.
This tool produces a directional fit, not a reserves report. A reserves-grade analysis includes type-curve normalization, GOR/CGR adjustments, and offset-well comparisons — none of which a single-well fitter can do.