How accurate is production profile prediction?

Asked by esjensen 6 years, 1 month ago | 1 Answers


1 Answer

1
karthikrg 6 years, 1 month ago
Fairly inaccurate. Anything that requires sub-surface modeling and associated predictions are based on algorithms and functions that take a lot of uncertainty into account. It is my opinion that reservoir modeling and other sub-surface modeling takes years of continuous practice, only to get to a plus-or-minus 50% probability !!