Software
VISAGE Interactive Analysis of Public Data provides you with the tools to visually explore public data and discover insights into companies, plays and well production.
Key Features
- Normalize production data and generate type curves by: operator, production year, township and well configuration
- Garner insight into “who is doing what” by well type, horizontal direction, leg count and fracs
- Competitor analysis (tell a company’s story visually)
- Analysis of production decline and productivity coefficients
- Use percentile analysis to perform production and reserves reality checks
- Compare Key Performance Indicators (e.g. Steam Oil Ratio) – Examine an entire play (i.e. type curves, payout analysis, operator comparison, fairway analysis)
- Integrate your own proprietary information with public data for comprehensive analysis
Examples
Normalized Type Curve Comparison of Horizontal Well Direction
VISAGE provides value-added attributes like azimuth trend, and also allows you to use your own well groupings for analysis. In this normalized type curve (rate vs time) for a play in northern Alberta, you can quickly see the impact that horizontal well direction has on expected (average) production rates for a well.
Normalized Rate vs Cumulative Production
The ability to view information in a number of different contexts allows you to glean valuable insights. This normalized type curve (rate vs cumulative production) for horizontal wells in a play in Saskatchewan, illustrates that while North-South trending wells have higher initial rates, they do not sustain their production rates as effectively as East-West trending wells. VISAGE allows you to drill down further into this analysis and examine how this changes by region, company, or leg count.
Well Ticket
In addition to the interactive charting capabilities, VISAGE also provides many reporting opportunities. For example, here is a simple well ticket report that you can generate directly from any chart, with a simple right-mouse-click.
Normalized Comparison of Operator Production Rates
Normalized type curve analysis (rate vs time) provides a consistent comparison tool for any facet of production. Often used for well analysis (e.g. frac count, horizontal length, azimuth), normalized type curves are also valuable for comparing companies. This chart shows how several companies compare to one another and to the regional play average. This is a tool that has become increasingly valuable to financial institutions for comparing companies. How do you compare to your competitors?
Normalized Cumulative Probability Plot by On Production Year
Create cumulative probability plots that you can group by any number of criteria. This plot shows the distribution of initial rates for a play in southern Alberta, grouped by on-production-year. You can see how (P50) expected initial rates have decreased over the life of the play.
Company Production by Zone
How has a company’s production changed over time? What have their production-adds been each year? How much legacy/vintage production do they have? With VISAGE you can analyse a company’s production from many perspectives with one-click slice-and-dice options like strat unit, production year, well type etc.
Company Production Wedges by On Production Year
How has a company’s production changed over time? What have their production-adds been each year? How much legacy/vintage production do they have? With VISAGE you can analyse a company’s production from many perspectives with one-click slice-and-dice options like strat unit, production year, well type etc.
