How accurate is production profile prediction?

Asked by esjensen 7 years, 7 months ago | 1 Answers

1 Answer

karthikrg 7 years, 7 months 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 !!