The Decline And Ultimate Production Of Oil Wells With Notes On The Valuation Of Oil Properties Classic Reprint

Excerpt from The Decline and Ultimate Production of Oil Wells, With Notes on the Valuation of Oil Properties In this bulletin Mr. Beal furnishes several new methods for estimating the future output of oil lands and gives curves and other data that should assist oil producers and engineers in determining the probable amount of oil that oil properties in the different fields of the United States will yield. The material is, therefore, presented in two parts. The first part explains in considerable detail the meth ods that should be used in estimating the future production of oil and the manner of applying those methods to the valuation of oil lands; whereas the second gives in detail such information as was available on the ultimate oil recovered in different fields and the usual rate at which the average oil well in each field will produce. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Possible Causes of the Decline of Oil Wells, and Suggested Methods of Prolonging Yield The reasons for the decline of oil wells may be grouped in two classes - those due to natural causes and those due to poor manage ment. Since the early days of the petroleum industry improvements. In methods of production have to a large extent been confined to lessening the cost of drilling wells and to reducing the cost of surface operations. Although well-known physical laws offer a possible solution for all underground problems, yet the amount of carefully gathered data is so scarce that general deductions must be cautiously made. Hence this paper discusses both phases of the cause of de cline, describes some of the remedial measures now employed, and gives suggestions as to possible means of bettering present methods of operating. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This book covers the production characteristics and associated interpretation analyses of petroleum reservoirs in a complete, thorough, and consistent manner.