One of the new features on our Beta Charts (the much more functional charting capabilities we are introducing, using a new, higher technology approach), is a much more robust and interactive decline curve calculator. On the right side of the chart, there is a button called “Decline Curve”. Click it, and select a point on your chart, and the best fit decline curve is automatically fit to the chart, along with a quick Remaining Recoverable Reserves and Estimated Ultimate Recovery calculation that can be saved as data by clicking a button. In addition, you can adjust the various parameters by clicking in the parameter box and use the up arrow or down arrow to scroll and the decline curve will adjust in an animation-like fashion.
This allows you to calculate and save EURs and RRRs for hundreds of wells in minutes, and really expands the capability of our previous efforts. We hope you like it.
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