Production Forecasting

Oil and gas production forecasts are challenging to generate with certainty but are absolutely necessary for decision-making processes and reserves reporting. P2’s Production Forecasting software, Powered by Beta Zi, predicts P1 to P99 production at any point in the future, creates a histogram, and calculates ultimate recovery – all without human intervention. This allows your analysts and engineers to spend less time on the mechanics of productions forecasting and more time on making critical operational decisions backed by accurate data.

Capabilities

Autonomous, Probabilistic Production Forecasting

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Basis for Reserves, Economics, Surveillance by Exception

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Statistically Correct Rollups

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Baseline for Operations, Engineering & Economics Work Flows

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