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Production data has been fit to a Fetkovich type curve. Given the following information, answer the questions:
Date of first production plotted for the Fetkovich type curve match is 1/1/95.
Value for Di from Fetkovich type curve match is 0.35 per year.
Value for Qi from Fetkovich type curve match is 1,500 BOPD.
Cumulative production through 12/2001 is 250,000 BO.
Estimated value of "b" is 0.30 from the Fetkovich type curve.
(a) A couple has just celebrated their 25th wedding anniversary. What is the probability of them celebrating their 50th wedding anniversary, if the husband is aged exactly 50, his
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