Determining fluid rate and phase information for a hydrocarbon well using predictive models

Physical models of wells are used to determine rate and phase composition for fluid produced from or injected into the wells on a near real time and continuous basis. The method can be used to alert operators or others of conditions in a well or field to permit more immediate response. The method can be more tolerant of sensor faults, sensor drift, anomalous data or other occurrences which could otherwise lead to incorrect output. More than one model can be used to permit a hierarchy of calculation such that the rate and phase determination is more tolerant of anomalous data. The calculated rate and phase values from one or more wells can be reconciled against facility data.