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Estimated Ultimate Recovery Package

Calculate estimated ultimate recoveries based on historic production and forecast data.

Usage

Run the workflows from this package to perform the calculations. The schedules may be adapted to use different contexts.

The package uses forecasts data stored in a scenario and saves the estimated ultimate recovery data to the same scenario. To configure the scenario, use the available  options in the schedule shipped with the package.

Details

The estimated ultimate recovery is calculated as sum of the historic production (produced xxx per time increment) and the forecast (produced xxx per time increment forecast) for each of the phases oil, gas, condensate and water. Additionally, oil and gas equivalent EURs are calculated

Data Requirements

The following data is required:

production volumes (oil, gas, condensate and water)
forecasted production volumes (oil, gas, condensate and water)