Novi Insight Engine
Well Economics
Here you can easily evaluate the economic performance of producing wells or new drills in any area. Simply state your economics assumptions, and using our forecasts and pricing data from the CME, you can immediately see financial metrics like (remaining) NPV, ROI etc. for 100s or 1,000s of selected wells, either in table format, on a map or in graphs.
Which wells have a high remaining NPV? How many wells have reached the end of their economic live? What is the break-even price of certain wells? Here you will find the answer to these and related questions.
Key Questions
- What is the (remaining) NPV or profitability index of wells in a specific area?
- What is the sensitivity of different economic assumptions to several key economics metrics?
- How many wells have already reached the end of their economic lives or will do so soon?
- What is the break-even WTI/HH price of a set of given wells?
Capabilities
- Includes an advanced economics model which immediately calculates key financial metrics (NPV, PI, ROI, Cash Flow, etc) based on your assumptions for any set of selected wells.
- Production data and forecasts are continuously updated with the latest data.
- WTI & HH prices are imported daily, but also a fixed price can be specified
- View results in a table, on a map, or in charts
