Modular Forecasting

Modular Forecasting

Modular Forecasting 

Modular forecasting can be accessed through the icon displayed on the right hand side of any of forecast graph underneath the Modular Economics money bag symbol.




New Functionality

  1. When performing a lasso select or box select, the auto forecast will honor the options on the manual forecasting. If the manual forecasting selections match the ‘active’ forecast form configurations, the configurations inputs will be used during the auto forecast. If the selections do not match, defaults for the given selections will be used to generate a fit. Rapid edit mode on the preview chart will always use the auto forecast form.
  2. Users can now customize what they want to see in the parameter input table, users can also sort the parameters in order of preference.

  1. Users can now back calculate a curve using a hot key and see how it matches over more production history.
  2. All chart settings are now on the individual charts they are effecting, similar to type curve.

  1. Adding up to 4 charts will allow users to visualize and distinguish different types of data while on the same screen. This also allows users to create a more custom experience for there workflows.

Modular Forecast in Diagnostics

Modular forecasting is also available in the diagnostics tab so users can quickly access and make forecasting edits without having to leave the page. This is accessed by selecting the well under the "Well Name" column in the diagnostics table, it will give a prompt to then open the modular forecasting window.



Modular Forecast in Econ

Modular forecasting has been added to the scenario table so users can make ad hoc forecast edits without having to leave the economics. This is accessed through the forecast assumption column in the scenario table by selecting the the three dots on the right hand side of any wells forecast assignment and there is now a dropdown option for "Modular Forecast".



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