Research Article

Development of Production-Forecasting Model Based on the Characteristics of Production Decline Analysis Using the Reservoir and Hydraulic Fracture Parameters in Montney Shale Gas Reservoir, Canada

Table 3

Five decline parameters of the modified hyperbolic decline.

Response variableSymbolRange (Ave.)

Initial peak rate, MMscf/day0.41~16.25 (3.59)
Hyperbolic decline rate, /month0.02~1.00 (0.35)
Hyperbolic decline exponent0.68~6.86 (2.01)
Transition time, month38~194 (95)
Exponential decline rate, /month0.0020~0.0072 (0.0044)