Harmony Forecast

Extract unrecognized value from your petroleum wells with Harmony Forecast's multi-user capable diagnostic and forecasting methods.

Do you have an ever-increasing number of wells to analyze?

Do you need to collaborate with others to deliver a confident final interpretation of well performance?

Harmony Forecast is the evolution of the petroleum well analysis platform, Harmony Enterprise^™, that is now multi-user capable for single users and teams. This platform also includes a second component called Harmony Reservoir. This separately licensed software expands on our existing petroleum well analysis technology by making it scalable, collaborative and suitable for large or small IT environments. Forecast is ideal for asset teams, reserves groups, consultants and financial companies.

With Forecast:

Efficiently perform well production decline forecasting and related analyses using multiple methods in one tool
Quickly connect your corporate well databases into Harmony projects to benefit your entire team
Connect to Enerdeq^™ Browser with the ability to import/update using the Enerdeq Browser's querying capabilities
Gain deeper insight from production data to uncover areas for improvement
Leverage multi-user concurrent access ideal for teams
Access a centralized project database for better data management and consistency

A More Rigorous Type Well: Minimizing Survivor Bias

Features

Multi-User Capable

Forecast is the multi-user capable long-term successor to DeclinePlus.

Configurable for single-user work and also multi-user teams
Runs on industrial-strength Microsoft SQL Server 2014 and SQL Server Express 2014
Centralized project databases simplify IT stewardship responsibilities
Enables consistency of data for analysis
Fosters collaboration through a single repository for storing and sharing analyses
Role-based security available to restrict access to certain actions in a shared environment

Production Data Analysis

Forecast analysis methods include:

Arps methods, including limiting decline
Stretched Exponential, Duong and Multisegment methods
Typewell (see tab for more detail)
Ratio analysis and associated forecasting
Static material balance
Volumetrics

Reserves Evaluation

Assign reserves classifications to wells or group forecasts
Consolidate forecasts based on classification and hierarchy
Connect to industry standard economic tools
Get quick updates (constituent changes automatically update consolidations)

Typewell Analysis

Quickly normalize well production to create a type well for oil, gas, water and BOE
Generate average, P10, P50, or P90 production profiles
Apply type wells to new locations or wells with limited data
Normalize rates on attributes such as horizontal length, number of stages or net pay

Advanced Workflows

Mix and match appropriate analysis techniques into a single workflow
Force results consistency between methods by linking different analysis techniques
Develop, save and share hierarchies, plot templates, data grids and custom workflows
Foster a consistent analysis approach across analyst team

Resources

Harmony Forecast Training Courses

S&P Global Commodity Insights Energy Blog

Opt-In for Events and Webinars

{}