North America Well Analysis Tool: what's new and what's to come? Report

Insight 08 January 2018

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Report summary

The North America Well Analysis Tool continues to evolve and add functionality while remaining a reliable source of cleansed and analysis ready well attribute and production data. New features are continuously added based upon client feedback which allow for additional insight and knowledge to be gained through easier identification of trends and relationships between data, confidence in production forecasts, and an efficient method for accessing and updating data sets. This report highlights new functionality and updates made to NAWAT over 2017, and contains additional step by step guides for key new workflows. Additionally, a preview is provided into functionality planned for the tool in 2018, including additional completion data, information on well spacing patterns, and the addition of directional surveys and formation top data, all which serve to give users a better understanding of the subsurface.

Summary:
2017 Highlights and enhancements:
- Proved Developed Producing (PDP) production forecast
- Bottom and surface hole well locations on maps
- User-defined names for type curves and economic scenarios
- Unallocated (lease-level) monthly production export
- Color and view by date values in charts
- Logarithmic scale for monthly production
- Trellis trend and activity visuals by quarter
- PHDWin and ARIES compatibility
- Type curves by well vintage
- Normalize type curves by lateral length and other attributes
- Direct data download service
- Improved lease-level production allocation
Coming in early 2018:
- Minimum well count thresholdfor Benchmarking
- Addition of Argentina data
What's next?
- Planned for2018 and beyond

Tables and charts

This report includes 7 images and tables including:

PDP production forecast seen in 'Production by Attributes' view
Map showing surface and bottomhole well locations
Choose between a linear or logarithmic scale when viewing production and generating type curves

Production by vintage curves
Type curve normalized to lateral length
Average proppant per lateral length, filtered to operators with at least 20 wells
Map showing well data in Argentina colored by reservoir