Production Forecasting
Forecasts what each well will produce next month, and tells you which wells it is not confident about.
Ranks which wells to intervene on next by expected barrels per dollar, with rig availability in the calculation.
The workover list is usually assembled from field requests and reviewed in a monthly meeting. Ranking is by whoever argued most persuasively, and there is no consistent estimate of what each job is worth against what it costs.
Each candidate gets an expected incremental rate from its diagnosed problem type and the field’s own outcome history for that job type, with a success probability attached. Jobs are then sequenced against rig availability and cost as a scheduling problem, so the ranking reflects what can actually be executed this quarter.
Expected gain is estimated from the field’s own history, so a job type with only a handful of past executions carries an estimate too uncertain to rank confidently. The system shows the sample size behind every estimate, and for thin job types it reports a range rather than a point value.
Every capability page states a real limitation. If a vendor cannot tell you where their product stops, you are not being told the truth about where it starts.
Forecasts what each well will produce next month, and tells you which wells it is not confident about.
When a well drops, it names the likely cause — scale, water breakthrough, lift failure, choke or reservoir — instead of only flagging the drop.
Establishes one authoritative record per well that every other system agrees with, including a single answer to how deep it is and where the top of the reservoir sits.
Chooses which wells will actually respond to an acid job, and what volume and placement to use.
Decides which wells will produce sand and sizes the gravel and screen for the ones that will.