Ever wonder what energy source is powering your everyday life? Does that plug-in electric vehicle you are considering emit less carbon over its lifetime than a gasoline powered one? Here at PetroDE, we love answering these types of questions by visualizing and analyzing the data on a map. The electric grid in the United States… Read more about How Green is Your Grid?
We’re on a mission to revolutionize the way the oil and gas industry gets things done. Below are some articles highlighting PetroDE’s presentations, new developments, and thought leadership on technology for oil and gas.
Instantly Quantify Risk and Reward for your next Asset Acquisition As forecasting becomes more complex in the oil and gas industry, companies are pressed to find new processes and technologies to capture and manage new kinds of information. Moreover, they must learn how to transform disparate data sets into actionable insights to verify values, predict… Read more about From Data Overload to Insight with Geospatial Analytics
Updated Type Curves for Visualizing Well Performance in Minutes In Time Series charts, we have added normalization options and projection parameters to Decline, Cumulative, and Combined Mean Projection charts. Our new type curves allow you to quickly compare different areas, characterize uncertainty in well performance, and look at more wells than ever before! Now you… Read more about More Powerful Type Curves
Having trouble converting your data to insights? Is your workflow suffering because you are wasting time on the little things? There are many reasons we waste time. With rapid improvements in technology, we gain not only benefits, but also distractions. Taking the time to better utilize new technology for specific tasks can save time down… Read more about 5 Ways to Save Time
Have you ever wondered why everyone comes up with a slightly different EUR or reserves estimate in a given area? PetroDE has greatly simplified EUR estimation, reserves estimation, completion evaluation, and production efficiency. Our new approach uses quantile regression to calculate statistical decline curves. We supply geoscientists and engineers with statistically valid and consistent estimates… Read more about Statistical Decline Curves for Performance Projection Modeling
We have recently made some improvements to how PetroDE handles data layers with a defined Default Date column. This much anticipated change clarifies how Default Date works and simplifies date selection in both Super Search and Advanced Search. The Default Date column is used in the date range selection menu found underneath the AOI drawing… Read more about New This Week: Improvements to Date Range Selection
We are proud to announce that we have added two improvements to our cross plot feature. We think our users will be amazed at how easy it is to see where things are happening! New Cross Plot Features that Drastically Improve your Workflow The ability to subsearch multiple points on a cross plot by dragging… Read more about Cross Plots that Drastically Improve your Workflow
Digital oilfield technology is touted as a solution to the constant challenges facing oil and gas. As global competition for resources continues to stretch Capex budgets, operators are pushed to maximize their workflow efficiency more than ever. No business unit is safe; from business development to field operations, everyone is feeling the crunch. In a… Read more about Digital Oilfield Technology: Does the Cloud Make Sense?