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A new workflow generates probabilistic history-matches and production forecasts for any decline-curve model while incorporating variable BHP conditions. It provides fast history matches and forecasts of shale gas wells more accurately than traditional DCA while quantifying model uncertainty. The primary value added is an innovative method for probabilistic variable-pressure DCA. ....
AUSTIN, Texas To combat the extreme environmental toll of major oil spills, researchers at The University of Texas at Austin have created a technology ....