Import Or Connect To Your Well Data
Quick Decline allows for easy production and well data imports for most of today’s modern tools. IHS and DiDesktop data can be used to create new projects or update production in old projects. Connect to any database via ODBC including ARIES databases. ODBC connections are live so each time you look at your well the production is up to date. Don’t have a fancy data tool or db? No problem. You can copy/paste your data into Quick Decline. *Quick Decline and L337Tech LLC are not affiliated with Landmark ARIES, DrillingInfo DiDesktop, IHS, TGS, or Lasser Data.
Easy User Interface and Curve Fitting
You do not have to be an engineer to use Quick Decline. The user interface was built for everyone. Fitting production data has never been easier. Simply drag the curves around using your mouse.
Quick and Easy Economics
Quick Decline comes with a full economics package yet delivers economic results quickly and easily. Stick with the basic economic parameters for quick results or plug in complicated capital, pricing, and tax schedules. Quick Decline makes look-back economics simple with its intelligent auto effective date setting. Display results in any interval such as daily, monthly, or yearly for as many years as you would like. Count, sum, or average results in the output window. Results can be copy/pasted as if you were using Excel.
Open Source Database
Love Excel, Tableau, or Spotfire? We do too. That is why we built Quick Decline based on an open source database Sqlite3. Feel free to use your favorite business intelligence software or Sqlite3 editor (we recommend SqliteStudio). Simply add a Sqlite3 ODBC driver to your machine to make BI software plug and play. This also allows for Quick Decline projects to be completely portable. Work in a shared project on the network or email your final project to the associates.
GIS Capable Map
The map comes preloaded with an esri shapefile of the world’s borders and U.S. counties. The map allows you to select wells aerially to create aggregates or type curves or simply bring up a single well’s production. Zoom in close enough and the well names appear so you have a since of relativity when you perform your analysis. The map can plot any shape file or wms server for maximum mapping flexibility. We plan on doing a whole lot more with the mapping module in the future.
We Can Handle Your Large Data Sets
Quick Decline comes with a filtering mechanism to make working in a large project much easier. The speed of the database and software can handle very large data sets.
Easily Create or Edit Wells
If you don’t have data tools or a well database then don’t worry. Our user friendly create and edit well modules allow you to easily create a new well or update an old one.
Map Your Unique Database
Is your database a unique snowflake? No worries. We can handle it. Use our quick and easy database mapping module to make working with your database a cinch.
Batch Economics and Cases
If you would like to run economics on an entire field or some random group of wells, Quick Decline makes it easy. Want to see how your companies Cotton Valley program did last year? Use the reservoir filter then run the economics in batch mode with the intelligent auto effective date setting. It is really that easy.
Advanced Well Diagnostics
Use our advanced diagnostic module to determine if the well is ready for its forecast. The plots can also help you choose which B factor is most appropriate for your well. The plots are great for identifying operational issues with your well’s production.
Powered By PLS Inc.
QuickDecline was written by petroleum engineers as a tool to make quick and easy decisions. The product will save significant man hours over traditional decline curve analysis software. PLS also offers a number of other tools for the busy oil and gas professionals including Core Reports, Regional Drilling Reports, M&A content, docFinder, OpFinder, PetroWire and much more. Finally, PLS also offers paid training for not only QuickDecline but other powerful tools.