RAI Frac Completion Multivariate Solution

✓ Compatible with desktop and web

 

Description

This template allows users to create multivariate models by first preparing simple linear regressions on frac completion predictors and then choose predictors for a multivariate model with backwards stepwise selection.

Model Building

The user can dynamically build and interrogate a multiple linear regression model. Replace data, customize your attribute data, filter outliers, and run the model. This can be used as-is or customized as part of a larger Spotfire application.

Dynamically Calculate Production Cumulatives

The template provides functionality for calculating 3, 6, 12 month production volumes using monthly volumes. If you don’t have PLT tests per frac, use a proxy column (like Gross Pay) to infer zonal production per frac.

Required Data Tables

For the multivariate frac analysis there are only two tables that are required to run the model. These two tables, completion and production, can be composed of any number of columns including the following:

  • Completion (with identifiers for Well and Stage)
  • Monthly Production Volumes

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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RAI Frac Completion Multivariate Solution

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Product Details
Release date: August 19, 2015
Last updated: August 24, 2015
Software application type: Spotfire Template
File format: .dxp
File size: 4mb
Requirements: TIBCO Spotfire Professional 6.5+

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