Dylan Daniels Posted February 7 Share Posted February 7 (edited) I was wanting to see if anyone had success in creating a dashboard that automatically curves wells within Spotfire. I know it's a steep ask probably, but I was wanting to implement this into one of my projects. Edited February 7 by Dylan Daniels 1 Link to comment Share on other sites More sharing options...
Stanley Little 3 Posted February 7 Share Posted February 7 Dylan: there exist a data function that does a very basic exponetial decline curve analysis. I would need to search for the data function. I you search within the community for data functions and keyword Decline Curve you will find it. It is very basic. If you want something more sophisticated I suggest you contact Tibco SPotfire to see if they can do a consulting project. I have develop several Spotifre based scripts using Data Functions to execute multiple well fitting routines, establishing well by well declines, 3-phase, DCA parameters, forecast, and probabilistic type curve generation and reporting. It just depends what your final purpose is. There are some special 3rd party Oil and Gas vendors that develop solution for the O&G space that could offer a more cost effective solution. Hope this helps. Stanley Little 1 Link to comment Share on other sites More sharing options...
Stanley Little 3 Posted February 7 Share Posted February 7 Link to comment Share on other sites More sharing options...
Dylan Daniels Posted February 8 Author Share Posted February 8 20 hours ago, Stanley Little 3 said: Dylan: there exist a data function that does a very basic exponetial decline curve analysis. I would need to search for the data function. I you search within the community for data functions and keyword Decline Curve you will find it. It is very basic. If you want something more sophisticated I suggest you contact Tibco SPotfire to see if they can do a consulting project. I have develop several Spotifre based scripts using Data Functions to execute multiple well fitting routines, establishing well by well declines, 3-phase, DCA parameters, forecast, and probabilistic type curve generation and reporting. It just depends what your final purpose is. There are some special 3rd party Oil and Gas vendors that develop solution for the O&G space that could offer a more cost effective solution. Hope this helps. Stanley Little I have this exact data function set up in my Spotfire. I am wanting to take these parameters and do the forecasting part as well. Link to comment Share on other sites More sharing options...
Atheer Al Attar Posted February 9 Share Posted February 9 Hi @Dylan Daniels I would be happy to help, please reach out to dr@spotfire.com 1 Link to comment Share on other sites More sharing options...
John Buckley 3 Posted March 1 Share Posted March 1 Atheer we can help. We have supporting DCA in Spotfire for 10 years. 303-248-6424 Link to comment Share on other sites More sharing options...
John Buckley 3 Posted March 1 Share Posted March 1 Dylan we can help. We have supporting DCA in Spotfire for 10 years. 303-248-6424 Link to comment Share on other sites More sharing options...
Jonathan Guthrie Posted April 2 Share Posted April 2 Just finished updating our A4E (Analytics for Energy) Spotfire Forecasting/Valuation Workflow template/toolkit with Spotfire 14.0 which has an advanced DCA Autocast model and is close to plug-n-play with any available well and production data source. This pure Spotfire workflow has been improved over the years utilizing community mods and geospatial data functions. The workflow covers well selection, production data review, DCA autocast, Normalization, Type Curve generation, MCMC machine learning (Markov Chain Monte Carlo) and Economics. Please review the slide deck attached and for more information or a demo contact john.buckley@blueriveranalytics.com A4E WF SF14.0 2024.4.02.pptx 1 Link to comment Share on other sites More sharing options...
djones Posted June 19 Share Posted June 19 @Jonathan Guthrie - the slide deck isn't showing for me. Would you mind posting it again. I'm interested to see your work here. Thanks! Link to comment Share on other sites More sharing options...
chiboubi Posted Wednesday at 10:27 AM Share Posted Wednesday at 10:27 AM On 07/02/2024 at 20:38, Stanley Little 3 said: Decline Curve Analysis (DCA) is a method used in the oil and gas industry to estimate future production rates based on historical production data. This method is particularly useful for assessing the performance of oil and gas wells over time. The hyperbolic decline model is one of the most commonly used approaches in DCA, especially for wells that exhibit a decline pattern that is neither exponential nor linear. Link to comment Share on other sites More sharing options...
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