OFM. Production forecasting analysis workshop (Western Hemisphere)

The OFM Analysis Dashboard has been augmented with an enhanced DCA module that enables users to forecast production utilizing widely used industry standard techniques for conventional/unconventional resources.  

We will cover:  

  • Industry Standard DCA Methods
    • Traditional Arps
    • Duong
    • Stretched Exponential
    • Power Law
  • Set up of decline curve analysis (DCA)
  • Manage all DCA settings in the new Forecast Template Manager
  • Perform DCA to forecast production for individual or groups of wells
  • New filter methods for outlier removal
  • Create and View Annotations
  • Generate a type well curve for a forecast schedule
  • Copy forecasting cases

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