Abstract: A computer-implemented method for automated decline curve and production analysis using automated production segmentation, empirical modeling, and artificial intelligence. The method includes segmenting historical production data based on a change in a central tendency of a selected segmentation parameter to generate segmented production data. The method also includes forecasting future production data from a last production segment to a terminal decline rate according to a fitted empirical model, a trained artificial intelligence model, or any combinations thereof. The method includes forecasting exponential production data to an economic limit. Further, the method includes calculating an estimated ultimate recovery by summing the historical production data, future production data, and the exponential production data.