f A Novel Method for Life-Cycle Production Performance Forecast Based on Dynamic Analogs

Conventional production performance forecast by reservoir simulation is very time-consuming. Another major drawback of<br>such an approach is the huge uncertainties in the forecast results owing to data limitation, especially at the field appraisal and<br>development planning stages. As an efficient alternative to reservoir simulation, a novel life-cycle performance forecast<br>method is developed which integrates dynamic information from analog reservoirs with decline curve analysis. The output of<br>the forecast provides essential information for field development planning.