Build Type Wells using Selected Wells Method in DCA Wrangler

✓ Compatible with desktop and web

 

Description

Reserves evaluators often want to build a Percentile Type Well that represents a certain percentile of the population. It is desired to determine a “P90 Type Well”, “P50 Type Well”, or “P10 Type Well”. When expressed this way evaluator is inherently seeking a type well that results in a percentile EUR. The P90 Type Well will be a representative well where there is a 90% chance that the EUR will be that number or greater. This Template helps you build Percentile Type Wells using Time Slice Approach and Selected Wells Approach in DCA Wrangler.

Features

  • Auto Forecast Wells and Build EUR Probit Plot.
  • Find Wells closer to Target Percentile using the EUR Probit Plot
  • Build Type Wells using Selected Wells Method, Time Slice Method and using individual well forecasts in the Selected Wells Method.

Installation

A template is an analysis file created in TIBCO Spotfire. The intended use is to replace the data and utilize the configured visualizations and calculations.

  1. Download the template to your personal machine. Login into your own Spotfire server and open the downloaded file.
  2. Review the tables shown on the data load page. These are the tables you'll replace.
  3. Replace the data with another Excel sheet or connect the template directly to your database or platform.
  4. Customize with your own data. You are free to embed and incorporate your template into other projects.
  5. All done!

Spotfire Templates are provided as is and do not require licenses.

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Build Type Wells using Selected Wells Method in DCA Wrangler

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Product Details
Release date: October 26, 2018
Last updated: October 26, 2018
Current version: 1.0
Software application type: Spotfire Template
File size: 15mb
Requirements: TIBCO Spotfire 7.14+
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