The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 16, 2019
Filed:
Feb. 07, 2017
RS Energy Group Topco, Inc., Wilmington, DE (US);
Livan Alonso Sarduy, Plymouth Meeting, PA (US);
Udo Christian Edelmann, Philadelphia, PA (US);
RS Energy Group Topco, Inc., Wilmington, DE (US);
Abstract
Embodiments can provide a method for allocating production for an oil or gas well, comprising: receiving input data comprising well test data, completion/recompletion data, and lease production data; detecting, through an outlier detection analysis, one or more outlying data points in the well test data; detecting, through a change point detection analysis of the well test data, one or more data points indicative of an intervention; generating a decline curve for each period in between the one or more data points indicative of an intervention and disregarding the one or more outlying data points; determining the production of a well for a predetermined period of time by integrating the decline curve over the predetermined period of time; and calculating the allocated production for the well by multiplying the ratio of the production of the well to the sum of the production for all wells in the lease by a production per lease value.