Course Overview:

Participants will learn all the essentials of OFM capabilities that help them to forecast production and retrieve forecast information for further studies. 

Course Outline:

  Perform rate versus time analysis

  Set up of Decline Curve Analysis (DCA)

  Perform DCA to forecast production for individual or groups of wells

  Multiple forecast cases

  Auto Decline

  Ratio forecasts

  Generate reports and plots of forecast results

Target Audience:

This course is intended for anyone responsible for performing forecasting and forecast analysis on historical production using OFM software.