I would appreciate someone sharing their Hyperbolic Decline macro or equation.
Q=Qo/(1+Di*b*t)^(1/Di)
Where:
Q=production rate
Qo=initial production rate
Di=initial decline rate
b=decline rate
t=time
My issue is D change at each time step
Trendline doesn't have the Hyperbolic Decline option
Q=Qo/(1+Di*b*t)^(1/Di)
Where:
Q=production rate
Qo=initial production rate
Di=initial decline rate
b=decline rate
t=time
My issue is D change at each time step
Trendline doesn't have the Hyperbolic Decline option
