The volumetric calculations on a gas well show that the ultimate recoverable Reserves, Gpa, are 23 MMMscf of gas. By analogy with other wells in the area, the following data are assigned to the well:...

The volumetric calculations on a gas well show that the ultimate recoverable Reserves, Gpa, are 23 MMMscf of gas. By analogy with other wells in the area, the following data are assigned to the well:

• Exponential decline

• Allowable (restricted) production rate =415 MMscf/month

• Economic limit = 22 MMscf/month

• Nominal decline rate ¼ 0.038 month^-1

Calculate the yearly production performance of the well.