Anyone have a link to a presentation (or a spreadsheet or an educated opinion) of how much a typical well will produce per year of its life? Mainly interested in seeing Haynesville and Eagle Ford shale well info but other plays are worth looking at if that isn't available. Seems I have read that about 80% of the EUR would be in the first ten years. Don't recall what play it was. Also, seems I have seen 60% of EUR in first five years. All of these shale plays have steep declines.
Pretty sure CHK might have shown a type curve on this before but haven't seen it in awhile. Or maybe they showed a curve and I just eyeballed it. Eyeballing makes for a poor estimate, even though the whole concept is somewhat of a guess on everyone's part!
Thanks if anyone has an idea about this.
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HY, the following is one example of percentage of EUR produced each year.
Year 1 - 28.4%
Year 2 - 10.2%
Year 3 - 7.1%
Year 4 - 5.5%
Year 5 - 4.6%
Year 6 - 4.0%
Year 7 - 3.6%
Year 8 - 3.2%
Year 9 - 2.9%
Year 10 - 2.7%
Year 11 - 2.5%
Year 12 - 2.4%
Year 13 - 2.2%
Year 14 - 2.1%
Year 15 - 1.9%
Year 16 - 1.8%
Year 17 - 1.7%
Year 18 - 1.6%
Year 19 - 1.5%
Year 20 - 1.4%
Year 21 - 1.3%
Year 22 - 1.2%
Year 23 - 1.1%
Year 24 - 1.0%
Year 25 - 1.0%
Year 26 - 0.9%
Year 27 - 0.8%
Year 28 - 0.8%
Year 29 - 0.7%
Les, what formation is that for? Is that Haynesville? Did you generate that from a decline curve software? Thanks.
HY, that would be for a generic Haynesville Shale well and the information is from one of my own type curves.
Thanks Les, that's a good, clear list of decline rate by years. I copied it to send to relatives.
.
One question: what is the choke for this? Full open or choked back to last longer?
HANG, all Haynesville Shale wells are produced initially thru a choke. It is only a question of initial choke size that varies. This production profile would be more representative of a traditional approach with an initial choke size of ~ 22/64". The choke size would be gradually increased over time as the well flowing rate and pressure decline.
Got it - thanks. I know some companies were cutting back to try and extend the life and EUR. It's a heckva decline, but it also dribbles on for a long time.
.
thanks again for the breakdown in clear numbers. I just don't "see" graphics the way other people do and this is much clear for me to understand - odd since graphs are easier for most people to grasp information from.
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