Oil & Gas Training
and Competency Development

Discipline Reservoir Engineering ,
Production Engineering ,
E&P Introduction and Fundamentals ,
Field Development Planning
Duration1 Day
Delivery Mechanism Classroom
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OFM Production Performance and Forecasting Analysis

The OFM Production Performance and Forecasting Analysis course acquaints you with OFM* tools used for production forecasting and performance analytics.

You will learn all the essentials of OFM capabilities that help you to forecast production and retrieve forecast information for further studies. You will perform hands-on exercises on history matching and subsequent forecast production. The course covers the widely used Arps technique, and you create forecasts using a variety of assumptions. In addition to single phase (oil, gas) forecasts, the course covers ratio forecasts and other techniques such as calculated forecasts. You also will learn how to effectively use OFM forecast results.

This course extends the work done in the Fundamentals course.

  • Topics
  • Audience
  • Prerequisites
  • Topics

    • Perform rate versus time analysis
    • Set up of decline curve analysis (DCA )
    • Perform DCA to forecast production for individual or groups of wells
    • Multiple forcast cases
    • Auto Decline
    • Ratio forecasts 
    • Generate reports and plots of forecasted results
  • Audience

    Anyone responsible for performing forecasting and forecast analysis on historical production using OFM software

  • Prerequisites

    OFM Fundamentals

  • Prerequisites

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Upcoming Courses
Stavanger, Norway September 25 - 25, 2019 Lagos, Nigeria October 11 - 11, 2019 Cape Town, South Africa November 22 - 22, 2019 Kuala Lumpur, Malaysia December 02 - 02, 2019
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