Reservoir KPIs
When geologic data is available, calculate numerous reservoir-based Key Performance Indicators including landing zone percentile, net pay, porosity, porosity-thickness, etc.
App Workflows & Features
Production KPIs
Calculate numerous production-based Key Performance Indicators including IP90, IP365, production-based primary phase determination, recent secondary phase yields, etc.
Auto DCA
Forecast 40-year individual-well monthly production for all producing phases on all wells with a multi-pass, rule & regression-based workflow. Utilize the 3-parameter hyperbolic equation (Arp’s) with an exponential tail with numerous user-defined guides that can be area and formation-dependent. Includes gap, rework, and outlier detection and handling. Forecasts are easily edited in a dynamic interactive editing window which also allows additional decline segments to be imposed.
Production Type Curve Builder
Use ML and/or MVR to predict production at drilling or rework locations from completion and reservoir data. Typically, the ML/MVR models are trained to predict IP90 and EUR for a specific completion design and geologic location, and those predictions are converted into 40-yr monthly production forecasts by modifying local zero-time average production curves from existing nearby and/or analogous wells.
Single & Multi-Well Economics
Standard individual well, 40-yr, monthly cash flow analysis. All producing phases, NGL purity product streams, fixed and variable operating costs, abandonments costs, existing and drilling/rework locations, etc. When available, utilize internal accounting system data for operating and well costs. Roll up to any hierarchy level for multi-well cash flows.
Asset & Corporate Economics
Development and A&D investor returns with sensitivities to the acquisition price, commodity prices, production, capital costs, and operating costs. Impose numerous asset & corporate-level cash flows on the multi-well roll-ups including: debt, equity, dividends, working capital, infrastructure capital, plant, and pipe take or pay obligations and ARO’s.
Connect
to all disparate data sources regardless of type or location
Characterize
all related data in a single, unified data layer for consistent answers
Consume
data and analytics in real-time with machine learning
Development, Acquisition & Divestitures
Development planning and A&D analysis are difficult jobs that require collaboration across several skill sets. When changing commodity prices, uncertainties in capital costs, operating costs, production forecasts, and developing technologies are factored in, the process becomes nearly impossible; companies frequently sacrifice technical quality in order to provide findings in timeframes relevant to decision-makers.
PetroVisor's Development and Acquisitions & Divestitures App addresses this issue. This app, which is native to the PetroVisor Platform, produces high-quality results at record speed. We integrate data analytics, engineering, economics, uncertainty analysis, and machine learning in tried-and-true procedures that allow engineers and geologists to use their time wisely, focusing on analysis and conclusions worthy of their expertise rather than moving data and generating graphs.
WHITEPAPER
Unconventional Asset Evaluation
WHITEPAPER
Development, Evaluation, And Economic Modeling
