Novi Insight Engine
Production Profiles Forecast Dashboard​
We continuously create production forecasts for all horizontal wells in our database, with a sufficiently long production history. This is based on our own forecasting methodology, which is optimized on forecasting accuracy.
In this dashboard, you can view and compare the actual and forecasted production from wells you have selected, on any level (e.g. basin/operator/individual wells). Several types of charts are available, as well as the possibility to normalize production data (e.g. by lateral length).
Key Questions
- How much oil & gas have wells in any given area already produced, and how much will they produce in the future?
- How do different basins/formations/operators/wells compare in terms of EUR?
Capabilities
- Easily select wells in a list or on a map
- Immediately see the actual and forecasted production profiles, and compare them on different dimensions (e.g. time, by operator, by API, by formation)
- Several charts are available (rate vs. time, cum vs. time, rate vs. cum).
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