It’s not a quick and easy answer to “what are my assets worth”? But it’s a key question any midstream company has to ask themselves when making significant investment decisions around target wells and fields. You need to know production figures for fields, reservoirs, wells and more and it can be a challenge to bring all of that data together in a timely manner.
Read one of our latest case studies which highlights how one of the largest U.S. midstream companies was looking to evaluate the acquisition of an asset in the Permian Basin. The company used Wellcast to generate drilling schedule forecasting and economics alongside a third-party reservoir engineering company which focused on PDP volumes and type curves–all in a matter of hours.