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SEC reserves assessment is an important indicator to measure the development potential of oil companies. Based on the evaluation of SEC reserves, this paper summarizes the dynamic evaluation methods of SEC reserves, including analogy method, volume method, decline method, material balance method and reservoir simulation. Among them, the decline method is the most commonly used method, which has the characteristics of easy prediction of production and economic life cycle. Therefore, this paper discusses how to choose the decline method, the initial output and the determination method of the decline rate.

Study on SEC Reserve Evaluation Method for Low Permeability Reservoirs