Novi Insight Engine
Terminal Decline Rates Dashboard
You select the areas that you are interested in and immediately you will see the production profiles and annual decline rates. Comparisons between operators/basins/etc are made easy.
Key Questions & Capabilities
Key Questions:
- What are the annual decline rates of (mainly older) wells?
- Are there differences in decline rates between basins, or operators?
- Have these decline profiles changed over time?
Capabilities
- Annual decline rates are accurately calculated based on only the actual population of wells that reached a certain age.
- You can select when to start (production start or peak production)
