This new functionality gives you the flexibility to generate production forecasts from geoSCOUT data, import Peep formatted data to generate forecasts for any property in the world, or import a Peep forecast for comparison purposes.

Use this valuable illustration of estimated Ultimate Recovery to quickly and easily:

• Confirm whether your estimates are reasonable or not.
• Evaluate several properties simultaneously.
• Compare forecast types for the best possible analysis.
• Identify opportunities to optimize production.
• Identify and analyze analog wells.
• Explore hypothetical situations.
• Apply an independent, consistent benchmark to your production

We have made it easier for you to make better, faster decisions with the addition of production forecasts to petroCUBE 7.0. This powerful, visual tool enables you to optimize evaluation of your assets.

Simple and Flexible Forecasts

Valuable forecast data is available to you at the click of a button. Gain instant access to the data you need to make fast decisions:

• Initial forecast rate
• Ultimate reserves
• Cumulative production
• Remaining reserves
• Abandonment rate

Use the Forecast Manager to easily navigate through your imported or petroCUBE generated forecasts. Switch between active forecasts for immediate alternative forecast data.

Selecting your forecast parameters is quick and easy. Use this area to change your Abandonment Rate or Production to Date for detailed analysis of unlimited 'what if' situations.

You have the flexibility to add additional wells to your forecast without having to rebuild the project. You can also remove one or more wells from the forecast statistics at your discretion. Dock your Well Detail window anywhere you want for a customized work space and quick access to detailed well data that is fully sortable.

We have added two new columns to Production History, cumulative oil production and cumulative gas production, to give you access to a big picture reference at all times.

Customize your views to suit your personal workflow by rearranging columns with a simple drag and drop function or hide columns for a clean and simple workspace.

Post any forecast chart from petroCUBE onto your map in geoSCOUT for a more complete project. Seamless integration between the two products makes it easy to take advantage of both for the best possible production, M & A and financial analysis.