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Decline curves are the most common means of forecasting oil and gas production. Decline curves have many advantages: they use data which is easy to obtain, they are easy to plot, they yield results on a time basis, and they are easy to analyze. Decline curves are also one of the oldest methods of predicting oil reserves. [5]
Smith, A. and Wilson, T. (2000). Fitting Yield Curves with Long Term Constraints. Research report, Bacon & Woodrow. Technical documentation of the methodology to derive EIOPA's risk-free interest rate term structures
Static level is the level of water in the well when no water is being removed from the well by pumping. [8] Water table is the upper level of the zone of saturation, an underground surface in which the soil or rock is permanently saturated with water. [9] Well yield is the volume of water per unit time that is produced by the well from pumping. [8]
Crop yield (Y) and seasonal average depth of water table (X in dm) [4] Determining: the discharge rate (Q) from the recharge rate (R) in a water balance as detailed in the article: hydrology (agriculture) the permissible long term average depth of the water table (Dw) on the basis of agricultural drainage criteria
In hydrology, a well test is conducted to evaluate the amount of water that can be pumped from a particular water well.More specifically, a well test will allow prediction of the maximum rate at which water can be pumped from a well, and the distance that the water level in the well will fall for a given pumping rate and duration of pumping.
Option-adjusted spread (OAS) is the yield spread which has to be added to a benchmark yield curve to discount a security's payments to match its market price, using a dynamic pricing model that accounts for embedded options. OAS is hence model-dependent.
Used in hydrogeology, the groundwater flow equation is the mathematical relationship which is used to describe the flow of groundwater through an aquifer.The transient flow of groundwater is described by a form of the diffusion equation, similar to that used in heat transfer to describe the flow of heat in a solid (heat conduction).
In one dimension, the constitutive equation of the Herschel-Bulkley model after the yield stress has been reached can be written in the form: [3] [4] ˙ =, < = + ˙, where is the shear stress [Pa], the yield stress [Pa], the consistency index [Pa s], ˙ the shear rate [s], and the flow index [dimensionless].