Integrating Short-Term Pressure Buildup Testing and Long-Term Production Data Analysis to Evaluate Hydraulically-Fractured Gas Well Performance

Author(s):  
J.A. Rushing ◽  
T.A. Blasingame
2014 ◽  
Vol 17 (04) ◽  
pp. 520-529 ◽  
Author(s):  
Miao Zhang ◽  
Luis F. Ayala H.

Summary This study demonstrates that production-data analysis of variable-bottomhole-flowing-pressure/variable-rate gas wells under boundary-dominated flow (BDF) is possible by use of a density-based approach. In this approach, governing equations are expressed in terms of density variables and dimensionless viscosity/compressibility ratios. Previously, the methodology was successfully used to derive rescaled exponential models for gas-rate-decline analysis of wells primarily producing at constant bottomhole pressure (Ayala and Ye 2013a, b; Ayala and Zhang 2013; Ye and Ayala 2013; Zhang and Ayala 2014). For the case of natural-gas systems experiencing BDF, gas-well-performance analysis has been made largely possible by invoking the concepts of pseudotime, normalized pseudotime, or material-balance pseudotime. The density-based methodology rigorously derived in this study, however, does not use any type of pseudotime calculations, even for variable-rate/variable-pressure-drawdown cases. The methodology enables straightforward original-gas-in-place calculations and gas-well-performance forecasting by means of type curves or straight-line analysis. A number of field and numerical case studies are presented to showcase the capabilities of the proposed approach.


2020 ◽  
Vol 9 (1) ◽  
pp. 35
Author(s):  
Ari Triadi Wijaya ◽  
Muhammad Ali Fikri

This study aims to determine the effect of debt policy on  financial performance of coal companies listed on the Indonesia Stock Exchange. Policy debt is proxied by short term debt (STD), long term debt (LTD), and total debt (TD), while financial performance is proxied by return on equity (ROE). This research carried out for 3 (three) years, namely 2015-2017. This research is a causal research with a quantitative approach, whereas based on the level of exploration of this study, including associative research. Population research is a coal company listed on the Indonesia Stock Exchange for the period 2015-2017. Samples obtained were based on purposive sampling technique, and obtained 21 company. Data analysis technique used panel data regression. Regression with using the free variable short term debt (STD), long term debt (LTD), and total debt (TD). Based on the results of data analysis, STD has no significant effect on ROE. Variable LTD has a significant effect on ROE. The TD variable has no significant effect with ROE. so the STD and LTD variables are able to influence the ROE variable explained by other factors outside this research model.


1974 ◽  
Vol 14 (01) ◽  
pp. 55-62 ◽  
Author(s):  
Hossein Kazemi

Abstract Two simple and equivalent procedures are suggested for improving the calculated average reservoir pressure from pressure buildup tests of liquid or gas wells in developed reservoirs. These procedures are particularly useful in gas well test procedures are particularly useful in gas well test analysis, irrespective of gas composition, in reservoirs with pressure-dependent permeability and porosity, and in oil reservoirs where substantial gas porosity, and in oil reservoirs where substantial gas saturation has been developed. A knowledge of the long-term production history is definitely helpful in providing proper insight in the reservoir engineering providing proper insight in the reservoir engineering aspects of a reservoir, but such long-term production histories need not be known in applying the suggested procedures to pressure buildup analysis. Introduction For analyzing pressure buildup data with constant flow rate before shut-in, there are two plotting procedures that are used the most: the procedures that are used the most: the Miller-Dyes-Hutchinson (MDH) plot and the Horner plot. The MDH plot is a plot of p vs log Deltat, whereas the Horner plot is a plot of p vs log [(t + Deltat)/Deltat]. Deltat is the shut-in time and t is a pseudoproduction time equal to the ratio of total produced fluid to last stabilized flow rate before shut-in. This method was first used by Theis in the water industry. Miller-Dyes-Hutchinson presented a method for calculating the average reservoir pressure, T, in in 1950. This method requires pseudosteady state before shut-in and was at first restricted to a circular reservoir with a centrally located well. Pitzer extended the method to include other Pitzer extended the method to include other geometries. Much later, Dietz developed a simpler interpretation scheme using the same MDH plot: p is read on the extrapolated straight-line section of the pressure buildup curve at shut-in time, Deltat,(1) where C is the shape factor for the particular drainage area geometry and the well location; values for C are tabulated in Refs. 5 and 13. For a circular drainage area with a centrally located well, C = 31.6, and for a square, C = 30.9.Horner presented another approach, which depended on the knowledge of the initial reservoir pressure, pi. This method also was first developed pressure, pi. This method also was first developed for a centrally located well in a circular reservoir.Matthews-Brons-Hazebroek (MBH) introduced another average reservoir pressure determination technique, which has been used more often than other methods: first a Horner plot is made; then the proper straight-line section of the buildup curve is proper straight-line section of the buildup curve is extrapolated to [(t + Deltat)/Deltat] = 1 (this intercept is denoted p*); finally, p is calculated from(2) m is the absolute value of the slope of the straightline section of the Horner plot:(3) pDMBH (tDA) is the MBH dimensionless pressure pDMBH (tDA) is the MBH dimensionless pressure at tDA, and tDA is the dimensionless time:(4) tp k a pseudoproduction time in hours:(5) PDMBH tDA) for different geometries and different PDMBH tDA) for different geometries and different well locations are given in Refs. 6 and 13.The second term on the right-hand side of Eq. 2 is a correction term for finite reservoirs that is based on material balance. Thus, for an infinite reservoir, p = pi = p*, where pi is the initial reservoir pressure. SPEJ P. 55


Author(s):  
Kouichi Maruyama ◽  
Kyosuke Yoshimi

Long term creep rupture life is usually evaluated from short term data by a time-temperature parameter (TTP) method. The apparent activation energy Q for rupture life of steels sometimes changes from a high value of short term creep to a low value of long term creep. However, the conventional TTP analyses ignore the decrease in Q, resulting in the overestimation of rupture life recognized recently in advanced high Cr ferritic steels. A multi region analysis of creep rupture data is applied to a creep data set of Gr.122 steel; in the analysis a creep rupture data is divided into several data sets so that Q value is unique in each divided data set. The multi region analysis provides the best fit to the data and the lowest value of 105 h creep rupture strength among the three ways of data analysis examined. The conventional single region analysis cannot correctly represent the data points and predicts the highest strength. A half of 0.2% proof stress could not be an appropriate boundary for dividing data to be used in the multi region analysis. In the 2001 Edition of ASME Code an F average concept has been proposed as a substitution for the safety factor of 2/3 for average rupture stress. The allowable stress of Gr.122 steel may decrease significantly when the F average concept and the multi region analysis are adopted.


2020 ◽  
Vol 12 (4) ◽  
pp. 1689 ◽  
Author(s):  
Vanja Grozdić ◽  
Branislav Marić ◽  
Mladen Radišić ◽  
Jarmila Šebestová ◽  
Marcin Lis

The main goal of this study was to examine the effects of capital investments on firm performance, using panel-data analysis. For this purpose, financial data were gathered for 60 manufacturing firms based in Serbia, in the period from 2004 to 2016. The main research hypotheses were developed in accordance with the definition, nature, and time aspect of capital investments. Therefore, empirical expectation of this study was that the relationship between capital investments and firm performance should be positive—they probably bring losses to the firm in the short term, but they should increase firm performance in the long term. Finally, the results have indeed shown that capital investments have statistically significant negative effect on the short-term performance, but positive effect on the long-term performance of the analyzed firms, while controlling for time-fixed effects and certain internal factors.


1972 ◽  
Author(s):  
Hossein Kazemi

Abstract Two simple and equivalent procedures are suggested for improving the calculated average reservoir pressure from pressure buildup tests of liquid or gas wells in developed reservoirs. These procedures are particularly useful in gas well test analysis irrespective of gas composition, in reservoirs with pressure-dependent permeability and porosity, and in oil reservoirs where substantial gas saturation has been developed. Long-term production history need not be known. Introduction For analyzing pressure buildup data with constant flowrate before shut in, two plotting procedures are mostly used: The Miller-Dyes-Hutchinson (MDH) plot (1,8) and the Horner plot (2,8). The Miller-Dyes-Hutchinson plot is a plot of pws vs log Δt. The Horner plot consists of plotting the bottom hole shut-in pressure, pws vs log [(tp + Δt)/Δt]. Δt is the shut-in time and tp is a pseudo-production time equal to the ratio of total produced fluid and the last stabilized flowrate prior to shut in. This method was first used by Theis (3) in the water industry.


2020 ◽  
Vol 8 (1) ◽  
pp. 66
Author(s):  
Zilvany Destin ◽  
Nararya Narottama

Celuk Village located in Sukawati, Gianyar, Bali. This village has natural and cultural potencies which can be developed into tourism attractions. For many decades, Celuk is internationally recognized for its silver crafts industries. Unfortunately, since 1998 the tourist visits to this village has been declined, mostly caused by many new competitors in the business. For this reason, this research aims to develop a new strategy to maximize Celuk’s tourism potentials and increase tourists visit. The research approach is qualitative descriptive, the methods such as field observation, in-depth interview with 5 key informants and literature studies. The data analysis using SWOT technique. This research is proposed short-term, mid-term and long-term strategy. Then, based on the result, the best approach is diversification and involvement of local community into all tourism activities. Hopefully, this can make tourism activities in Celuk more diverse and attracts more tourists to come. Keyword: Diversification, Products, Tourism


2021 ◽  
Author(s):  
Cornelis Veeken

Abstract This paper presents a fit-for-purpose gas well performance model that utilizes a minimum set of inflow and outflow performance parameters, and demonstrates the use of this model to describe real-time well performance, to compare well performance over time and between wells, and to generate production forecasts in support of well interventions. The inflow and outflow parameters are directly related to well-known reservoir and well properties, and can be calibrated against common well surveillance and production data. By adopting this approach, engineers develop a better appreciation of the magnitude and uncertainty of gas well and reservoir performance parameters.


Author(s):  
Sukma Wati ◽  
Doppy Roy Nendissa ◽  
Tomycho Olviana ◽  
Elfis Umbu K Retang

Abstract West Nusa Tenggara Province is one of the provinces that has become the centre of shallot production in Indonesia, and this situation has made this province, in addition to being able to produce shallots for the needs of its people it is also able to be distributed in other areas, one of which is East Nusa Tenggara Province. And the price of shallots in West Nusa Tenggara Province is much lower than the price of shallots in East Nusa Tenggara Province. The research objective was to determine the long-term relationship between the cost of shallots between Kupang City, Mataram City and Bima City, and the pattern movement of the price of shallots in Kupang City, Mataram City and Bima City. This study uses monthly price data for 2018-2020, the average price of shallots for traditional markets and large traders in the East Nusa Tenggara and West Nusa Tenggara regions. The data analysis method used is the Error Correction Model (ECM) method. This determines whether there is a long-term and short-term relationship between the three markets. The results showed that there was a long-term and short-term relationship between the price of shallots in Bima City and Kupang City, and Mataram City. The situation illustrates that price changes always follow every price change in Mataram in Bima City and Kupang City. Keywords : Shallot, Market, Cointegration, price.


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