Energy Navigator specializes in capital and reserve asset management software for the oil and gas industry. Our software, expertise and support provide a better way for our clients to meet their business goals.
Studies have shown that the most common method for creating type wells for use in forecasting wells consistently leads to the overestimation of reserves. It’s time to look at these common errors inherent in the standard way of doing type wells and learn how to avoid them.
Demonstrating how evaluators can overcome the deficiencies of deterministic reserves evaluation and improve the accuracy of their reserves reporting through a new method of Statistically Enhanced Decline Analysis (SEDA).
Examining some of the findings of recent work done in the field of decline curve analysis that show the elements needed for accurate forecasting.
The latest news and announcements from Energy Navigator.
November 22, 2016
September 20, 2016