Introducing Decline Curve Analysis
We are excited to introduce a groundbreaking new functionality in pForecast: Decline Curve Analysis (DCA)! This advanced feature empowers users to refine and update production forecasts with precision, leveraging historical production data. With DCA, users can seamlessly model the future production performance of wells and fields based on observed trends, enabling more accurate predictions and […]
New release of pForecast – User friendliness
New Release of pForecast – Enhanced User Friendliness We’re excited to announce a new update of pForecast, featuring several new additions and improvements developed over the summer and early fall. This autumn release focuses primarily on enhancing user-friendliness, a key priority for us. Additionally, this update includes bug fixes based on feedback from our valued […]
New release of pForecast – Well dependencies
New release of pForecast – Well dependencies The latest update to pForecast introduces Well Dependencies, a feature designed to enhance the realism and accuracy of production forecasting. This feature allows users to interconnect the production schedules of multiple wells. Thereby, this will better reflect the actual operational shifts that occur in the field. Traditionally, production […]
New release of pForecast – connecting to a customer database
Our latest release of pForecast brings exciting new features with a focus on enhancing the user experience and efficiency when importing production history to pForecast. Here’s a summary of the key updates: Production Data Mart (PDM) Integration: We are particularly proud to announce the support for import of production history from Production Data Mart (PDM) […]