Decline Curve Analysis and Economics – A Basic Introduction

Decline Curve Analysis and Economics – A Basic Introduction
Event on 2015-09-23 08:30:00
Decline Curve Analysis and Economics –  A Basic Introduction Description This one-day course will provide an overview and primer on the use of decline curve forecasting of oil and gas production and economics. The course may be useful to engineering and economic professionals needing a hands-on, practical understanding of decline curve analysis to make them more effective users of petroleum economics software. Following a review of basic mathematics (tailored to class needs), Microsoft Excel will be used to “build” decline curve models and to do mathematical and economic computations. Expected course outcomes include an understanding of the mathematical concepts of decline curve analysis and the use of these methods in forecasting oil and gas production and economics. This is a beginning-level course for entry-level professionals and those new to decline curve analysis. Students are encouraged (but not required) to bring laptop computers to class. Instructor L. Peter (Pete) Galusky , Jr. Ph.D., P.E. Principal Environmental Engineer Texerra LLC ( Contact: , 719-339-6791 Pete has worked as an environmental engineer for over twenty-five years in a wide range of progressively responsible positions. He has provided environmental engineering analysis and regulatory compliance services in support of programs and projects in air compliance, applied hydrology, environmental geology, ecological permitting and public relations. His work over the last fifteen years has focused on environmental compliance engineering in the oil and gas industry, encompassing air compliance, water resource management and environmental engineering. Pete founded Texerra, an environmental engineering consulting practice, in Midland in 2005 and serves as its principal environmental engineer.    

at Colorado School of Mines
1500 Illinois St
Golden, United States

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