+1 vote

How accurate is production profile prediction?

asked Apr 12, 2014 in Process by Dan01 (1,560 points)

1 Answer

+1 vote
answered Apr 14, 2014 by karthikrg (1,090 points) | selected Apr 14, 2014 by odadmin
Best answer
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 !!