Type-Well Curve Fundamentals Course

Type-Well Curve Fundamentals is a professional training course designed to provide a comprehensive understanding of type-well curve development and its critical role in reserves evaluation, development planning, and production performance analysis. The course addresses the complexities, terminology, and challenges in creating accurate type-well curves, while emphasizing the dangers of errors which can lead to poor development decisions and negative market impacts. Participants will learn various statistical tools and techniques to better communicate uncertainty and develop reliable forecasts. Additionally, the course covers advanced methods such as auto-forecasting and machine learning applications for curve development. Through practical insights and real data examples, learners will gain the skills needed to optimize completion designs and reduce risks in multi-million dollar investment decisions.Read more...

Who Should Take This Course
• Risk and economics analysts
• Reservoir and development engineers
• Geologists and information system professionals
• Professionals involved in production forecasting

What You Will Learn
• Advanced auto-forecasting techniques
• Statistical tools to represent uncertainty
• Fundamentals of type-well curve development
• Analogue well selection and data normalization

Why This Course Works
• Reduce risk and uncertainty in forecasts
• Prevent reserve write-downs and market loss
• Avoid flawed development and economic decisions
• Improve communication of production expectations