RAI Well Economic Parameters

✓ Compatible with desktop and web

 

Description

Modelling the economics of a well is crucial to the maintenance and planning of a reservoir. Knowing the EUR is half the battle, does your plan account for P10 and P90 scenarios? Use this template to ask those questions. We use the TERR capability of Spotfire to generate economic outputs that can be used in your forecasts.

Features

  • Calculate the most common economic parameters per model, Arps scenarios, and economic scenarios.
  • Review the result set of the economic output script.
  • Compute NPV and EUR for each Model, Model Scenario and Economic Scenario.
  • Generate scatter plots to depict the means and confidence Intervals for EUR and NPV.

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 Well Economic Parameters

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Product Details
Release date: October 11, 2017
Last updated: October 11, 2017
Current version: 1.0
Software application type: Spotfire Template
File format: .dxp
File size: 1MB
Requirements: TIBCO Spotfire 7.9+

Copyright 2017

Ruths.ai