Presented November 2016 at Canadian Discovery
Not all estimated ultimate recoveries (EURs) are created equal. While EURs from production declines are readily available, they do not work for resource play wells. Furthermore, EURs calculated across play types are also inherently inaccurate. This presentation outlines a robust forecasting methodology based on play-based type curves and look at insights from EURs in several key resource plays in Western Canada.
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