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1. Verfasser: Paroissin, Christian
Format: Preprint
Veröffentlicht: 2024
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Online-Zugang:https://arxiv.org/abs/2411.02033
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author Paroissin, Christian
author_facet Paroissin, Christian
contents Based on the Arps equation, we propose two stochastic models for curve decline useful in oil engineering context. Theoretical properties and simulations of these models are provided. The first passage time distribution of these stochastic models to a constant level is then studied. In conclusion, we discuss about statistical inference of the parameters from the observations of the oil production cumulative rate.
format Preprint
id arxiv_https___arxiv_org_abs_2411_02033
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Two stochastic versions of the Arps curve decline
Paroissin, Christian
Probability
Based on the Arps equation, we propose two stochastic models for curve decline useful in oil engineering context. Theoretical properties and simulations of these models are provided. The first passage time distribution of these stochastic models to a constant level is then studied. In conclusion, we discuss about statistical inference of the parameters from the observations of the oil production cumulative rate.
title Two stochastic versions of the Arps curve decline
topic Probability
url https://arxiv.org/abs/2411.02033