System and method for well test design and interpretation

A method for well test design and interpretation, the method comprising the steps of:

• generating a test plan and an initial reservoir model based on at least one of an expected reservoir model, reservoir properties, reservoir fluid properties, and metrology;
• generating data streams based on the test plan from at least one of real-time, near-real-time, surface, downhole, and manual data sources;
• generating an aggregated data stream based on quality control or assurance on the data streams;
• generating data for optimization based on the aggregated data stream and simulated downhole data sent to the quality control or assurance;
• modeling or interpreting of the optimization data including reservoir simulation and modeling to determine if test objectives are met for terminating or continuing the test plan and generating data sent to the generating data for optimization for modifying assumptions therein;
• and
• reporting data received from the modeling or interpretation when terminating the test plan.