Basin Studies provide full production forecasts on every well for each significant US oil and gas basin
BetaZi LLC is now offering a product powered by its proprietary physics-based™ predictive analytics and P2 Energy Solutions' Tobin™ data: Basin Studies. Each basin study includes a forecast on every well in the basin, delivered in a pre-loaded Spotfire database that includes: the BetaZi forecasts, associated type curves, pScores™, first-pass economics, and the Tobin well data. Results may be filtered by the user to provide a look at a reservoir, operator, county, or select asset grouping.
Individual Basin Studies are available directly from BetaZi and will be released in this order: North Dakota/Bakken, Eagle Ford, Niobrara, Scoop, Stack, Permian, and Marcellus. Other basins are available by request. Each Study is based on the most current public data available on the date it was created.
"These Basin Studies allow our clients to get to the high value analysis of an asset in a remarkably short time frame, with the highest levels of actionable intelligence and clean data on Day 1 of their assessment. Producers and finance people are finding all kinds of new ways to use this information: to rank operators, locate sweet spots, validate production assumptions, or benchmark their wells vs others'. The low price point makes it a must-have for everyone looking at these plays. Taking the work flow down from 2 months or more just to gather all the data to 2 minutes is also a definite game changer,” said Janette Conradson, CEO, BetaZi LLC.
BetaZi creates production forecasting solutions for the oil and gas industry using physics-based predictive analytics.
P2 Energy Solutions serves oil and gas entities worldwide with software and data solutions that reach across upstream domains from the back office to the field.