The 2-year history of an extended-reach dual-lateral well was examined, in which lateral production is controlled with downhole flow-control valves to minimize water production and optimize the lift by use of a high-horsepower electrical submersible pump (ESP). The downhole flow-control effects on production performance were modeled. Then forecasts of the model performance under alternative completion scenarios were assessed. This method also can be used to select valve settings that are most advantageous to production.