rescale.by.time: Time unit conversion for DCA

In aRpsDCA: Arps Decline Curve Analysis in R

Description

Scales rates, declines, and time periods from one time unit to another.

Usage

rescale.by.time(value,
    from.period=c("year", "month", "day"),
    to.period=c("year", "month", "day"),
    method=c("decline", "rate", "time"))

Arguments

value	rate [volume / time], Arps nominal decline [1 / time], or time to be rescaled.
from.period	time period for value (default "year").
to.period	time period for result (default "year").
method	scaling method to be applied, depending upon the type of value (default "decline").

Value

Returns value scaled from from.period to to.period according to its type as specified by method.

See Also

as.nominal, as.effective.

Examples

## 3 MMscf/D to MMscf/year
rescale.by.time(3, from.period="day", to.period="year", method="rate")

## Nominal decline of 3.2/year to nominal decline per month
rescale.by.time(3.2, from.period="year", to.period="month", method="decline")

## 5 years in days
rescale.by.time(5, from.period="year", to.period="month", method="time")

Example output

[1] 1095.75
[1] 0.2666667
[1] 60

aRpsDCA documentation built on May 2, 2019, 9:42 a.m.