Write formula for well daily production as function of time, Mathematics

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Write formula for well daily production as function of time

Daily production of the oil well is presently 2500 barrels, but is declining at the rate of 8% per month.

i) write the formula for well's daily production P ( in barrels) as the function of time t (inmonths).

ii) Compute annual percent rate of decline in well's daily production.

iii) Find time it take for daily production to drop to 1000 barrels?

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Mathematics: Write formula for well daily production as function of time

Reference No:- TGS0860066

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Recent Questions Asked Mathematics

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Ask an Expert for Answer!!

Mathematics: Write formula for well daily production as function of time

Reference No:- TGS0860066

Recent Questions Asked Mathematics

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Q : Write formula for well daily production as function of time

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