Production

 Over  Time

Lincoln  Pratson
Duke  University
Strata
Oil
Water
Strata
Oil
Water
 WELL  PRODUCTION/DECLINE  CURVE
Production  Rate Oil

Gas

Water

Production  Time
 first oil
Oil production rate
discovery well
appraisal well

build-up plateau

decline
abandonment

economic limit

Time
 Annual#produc<on#(million#barrels)#

0.0#
10.0#
20.0#
30.0#
40.0#
50.0#
60.0#
70.0#
80.0#
1970#
1972#
1974#
1976#
1978#
1980#
1982#
1984#
1986#
1988#
1990#

Year#
1992#
1994#
1996#
1998#
2000#
2002#
Oil#
Jay#Field#Annual#Produc<on#

2004#
Water#

2006#
%#Water#

2008#
2010#
0%#
10%#
20%#
30%#
40%#
50%#
60%#
70%#
80%#
90%#
100%#

Water#%#per#barrel#