• Class and Course

    Merak Peep Decline Analysis

    If you are looking for intuitive production decline analysis workflows that save you time, reduces duplication of effort, and ties seamlessly into your economic analysis, the Merak Decline module of Merak Peep software delivers. You discover this production forecasting tool that facilitates basic decline analysis and production and remaining reserves forecasting.

    Anyone who needs to develop or improve their skill and understanding of decline curve analysis performed with the use of the Merak Peep Decline module

    • Maintain current in-house and vendor data to understand production levels
    • Fine-tune estimates of your remaining reserves
    • Keep updated historical data ready for reporting and retrieval
    • Create plots and reports based on different analysis options
    • Set preferences to customize your forecasting workflow
    • Easily import and export production history
    • Create groups and summary wells to better manage well data
    • Forecast production rates and volumes
    • Link wells to economic cases for instant assessment of production value
    • Perform basic decline analysis-rate/time curves and cumulative curves
    • Quickly create graphs and reports

    Understanding of basic decline analysis techniques and theory

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