Note: In order to use the spreadsheet examples, you need to download Business Functions | ||||||||
Decline (Yrs, ResvsOrDcRate, PlateauRate, AbandonRate, [DeclineParam], [DeclineSwitch]) | ||||||||
Production in decline up to, or at, a certain time | ||||||||
Auto Array Function | ||||||||
Mathematical Formula | ||||||||
Mathematical Formula | ||||||||
Mathematical Formula | ||||||||
Tip | ||||||||
This decline function calculates the decline factor internally based on the plateau rate, the abandonment rate, and the reserves. To see what decline factor it calculated, use the Trace facility. | ||||||||
ExampleDecline.xls | ||||||||
TemplatesThis function features in the following downloadable spreadsheet template(s):og_prodprof.xls depreciation_pool.xls depreciation_schedule.xls oilfield_appraisal.xls |