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 solution, Powered by Beta Zi, is a physics based forecasting solution that utilizes predictive analytics to generate P1 to P99 production forecasts up to 50 years into the future without human intervention. This allows your analysts and engineers to spend less time on the mechanics of production forecasting and more time on making critical operational decisions backed by accurate data. |  |
Capabilities
Autonomous, Probabilistic
Using Big Data and predictive analytics, generates oil and gas P1-P99 forecasts.
Baseline for Operations, Engineering and Economics Workflows
Forecasts available to everyone in the organisation through Carte
Stochastic Aggregation
Statistically correct rollups available at every level of your Carte hierarchy.
Full Spread of Uncertainty
P1-P99 Forecasts results available for every active well.
