When modelling a type curve, Probit plots can provide a deeper understanding of your rep (analog) wells. Once you creating a type curve you can visualize the Probit plot chart from the following dropdown menu.
What is a Probit Plot
Statistically, the outcome of multiplying 2 or more independent variables (such as b factor, Di, qi) results in a lognormal distribution. When calculating the EURs for a group of wells from DCA, the resulting EUR distribution becomes lognormal. Probit plots compare the EUR distribution of the type curve rep wells to a perfectly lognormal EUR distribution. In the plot, the x-axis represents the EUR volumes and the y-axis represents the Percentile (probability of occurring). The "Probit Model Fit" represents a perfectly lognormally distributed EUR whereas the green dots are the actual EURs of the rep wells. The closer the dots are to the black line, the more lognormal the rep wells EUR distribution is. The 3 horizontal grey lines, represent the P10/P50/P90 of a perfectly lognormal distribution.
Probit Fit Statistics
ComboCurve provides additional statics in the Probit plot that can be accessed by toggling on the "Enable Probit Fit Statistics Legend"