Sheet1RE-2 Assignment

Time (Years)Cumulative Production (MMSTBOil Rate (STB/day)0054510.0630.135288.60.0990.195208.80.1260.245158.70.1780.344741.30.4440.6824030.8110.961745.21.261.211341.71.7751.441018.42.3181.62787.92.9011.77680.93.5071.91581.14.1532.04485.94.8252.15399.95.5752.24318.56.3922.33254.67.3182.41208.18.3752.48166.39.6052.55130.311.1862.6198.5Time (years) (x)Log oil Flow rate (STBD) (y)x2y2xy

0.0633.72334072070.00396913.86326612220.23457046540.0993.71673768230.00980113.81413899930.36795703060.1263.71254027260.01587613.78295527540.46778007430.1783.67589743560.03168413.51222195740.65430974350.4443.38075377080.19713611.42949605881.50105467420.8113.24184520430.65772110.50956032872.62913646071.263.12765541981.58769.78222842483.94084582891.7753.00791839063.1506259.04757304485.33905514342.3182.89647110055.3731248.38954483596.71402001092.9012.83308333428.4158018.02636117848.21877475253.5072.764250875412.2990497.64108290249.69422782024.1532.686546899117.2474097.217534240911.15722927184.8252.601951404123.2806256.770151109512.55441552495.5752.503109436731.0806256.26555685213.95483510946.3922.405858399340.8576645.788154637615.37824688847.3182.318272080253.5531245.374385437916.9651150838.3752.220892249270.1406254.932362382618.59997258729.6052.114944415792.2560254.472989881620.314041112911.1861.9934362305125.1265963.973788005122.2985776743SlopeERROR:#REF!70.91154.9255053217485.285079164.5933516751170.9841652567DiERROR:#REF!per yearDiERROR:#REF!per dayr-0.9494997878standard deviation of x3.4076850494standard deviation of y0.5313617497Mean of x3.7321578947Mean of y2.8908160696Slope-0.1480558976Di0.3409727321per yearDi0.0009341719per day

Life of the Field

qi5451stb/dayDi0.001per dayEconomic Limit20stb/day

Life of the field (t)5608.922daysLife of the field (t)15.366909589years

Estimated Ultimate Recovery

qi5451stb/dayDi0.001per dayEconomic Limit20stb/day

Gp5431000STB

Plots

Sheet3

FORMULA FOR COEFFICIENT OF CORRELATION