The Secret Sauce Behind Well-Level Production Curves
Hi! We are actively making demos and have great feedback, and during demos we often get the question: "How do you manage to get well-level production from public data?" That is a really valid question, so here we disclose one of our core algorithms.
When we have reservoir-level data about production and the amount of active wells, we can decompose the production by fitting decline curve attributes—with some secret sauce for adjusting q0 to previous production. The algorithm itself is very interesting and valuable, so if you work with reservoir-level data but from time to time have to analyze well production, we can also help you with it.
