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Modeling Non Linear Depletion Rates
I am trying to model a non linear depletion rate of a natural gas well. Is
there a function in Excel that would let me model something like a log normal depeletion of 100% of a resource, starting with say a 60% decline in year one? What would the Excel formula for this look like? The well will continue for 10 to 20 years. -- W |
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