- Patent Title: Systems and methods for allocating hydrocarbon production values
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Application No.: US16534436Application Date: 2019-08-07
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Publication No.: US11263370B2Publication Date: 2022-03-01
- Inventor: William M. Bashore , Jonathan Oskins , Chad Leonard , Paul Oskins
- Applicant: Enverus, Inc.
- Applicant Address: US TX Austin
- Assignee: Enverus, Inc.
- Current Assignee: Enverus, Inc.
- Current Assignee Address: US TX Austin
- Agency: Fish & Richardson P.C.
- Main IPC: E21B43/00
- IPC: E21B43/00 ; G06F30/20 ; E21B43/017 ; E21B41/00 ; E21B43/14 ; E21B43/16

Abstract:
Techniques for allocating hydrocarbon production include receiving a selection of a particular area identification (ID) of a plurality of area IDs stored on the server; determining based on the selected particular area ID, a plurality of hydrocarbon production values that include periodic area-level hydrocarbon production values associated with the particular area ID and a plurality of wells associated with the particular area ID; determining a decline curve model for the area-level hydrocarbon production values associated with the particular area ID; modeling the aggregated periodic well-level hydrocarbon production values with the determined decline curve model; and determining allocated well-level hydrocarbon production values based at least in part on the selected decline curve model to display at a client device.
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