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Thread: production profile- reservoir model and well decline profile in excel.

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  1. #1

    Join Date
    Nov 2008
    Location
    Australia
    Posts
    508
    How about this Mr Economist - can you tell me how to make a simple spreadsheet which I can use in all fiscal regimes to quickly get the jump on other economists and value opportunities? ;-)

    Your answer would of course be no, but you'd be able to on a case-by-case basis generate rapid valuations based upon your judgment - simplifications as needed and plain old experience, that'd get you a 90% solution

    I draw this rather simple analogy to illustrate what you are asking of us.... like the various fiscal regimes, there really is no single set of assumptions that will keep you out of trouble when predicting how a reservoir will produce - how many wells you will need over the life etc.... I'm afraid you will have to be stuck with dealing with one of us as required when looking at your new field.

    Having said that, if you do sit down with a capable PE/RE to look at a new field, it really shouldn't take very long (hours) to come up with something that'd work as a first pass.
    Last edited by vinomarky; 08-25-2010 at 01:39 AM.

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