Services

What will AGI do for Oilfield decline analysis?

Services using decline analysis to estimate reserves and predict production using either curve fitting and type curve matching methods.

The work itself

Grounded Work Profile

Tools

  • Production Data Wrangling ToolkitserviceBlueprint
  • Decline Curve Analysis SoftwareserviceBlueprint
  • Reporting SoftwareserviceBlueprint

Outputs

  • Decline Curve Fit DatasetserviceBlueprint
  • Production Forecast ReportserviceBlueprint
  • Remaining Reserves EstimateserviceBlueprint

Measured by

  • Forecast Error RateserviceBlueprint
  • Report Delivery TurnaroundserviceBlueprint

Key steps

  • Receive well production historyserviceBlueprint
  • Validate and de-noise rate dataserviceBlueprint
  • Fit decline curve modelserviceBlueprint
  • Estimate remaining reservesserviceBlueprint
  • Review reserves estimateserviceBlueprint
  • Deliver forecast reportserviceBlueprint

How AGI delivers it

Four ways AGI delivers for Oilfield decline analysis

  • Services-as-Software

    Get the professional outcome delivered as software, priced on results, not headcount.

    Services.do
  • Autonomous Agents as digital employees

    Hire a digital employee that does the job under earned, supervised autonomy.

    Agents.do

Value flow

How Oilfield decline analysis connects

composes

  • Aries Petroleum Economicsmodel
  • Decline Curve Analysis Softwaremodel
  • IHS Harmonymodel
  • Production Data Wrangling Toolkitmodel
  • Reporting Softwaremodel

measured by

  • Delivery Turnaround Timemodel
  • Forecast Errormodel
  • Forecast Error Ratemodel
  • Report Turnaround Timemodel

optimizes

  • Estimated Ultimate Recoverymodel
  • Forecast Accuracymodel
  • Reserves Estimate Precisionmodel

produces

  • Decline Curve Fitmodel
  • Decline Curve Fit Datasetmodel
  • EUR Estimatemodel
  • Production Forecast Profilemodel
  • Production Forecast Reportmodel
  • Remaining Reserves Estimatemodel

Go deeper

Explore Oilfield decline analysis