CALGARY, Feb. 1, 2017 /PRNewswire/ - Sproule announces the launch of its Type Curve Analysis. This comprehensive production profile dataset is available for 14 key resource plays across Western Canada. An industry first, Sproule's Type Curve Analysis can dramatically shorten the time spent: screening opportunities, evaluating producing wells and benchmarking performance—helping E&P companies and financial firms stay ahead of the competition, increase efficiency and decrease costs.
"We recognize that information derived from quality data, or 'smart information', is another way we can support our clients", says President and CEO, Lowy Gunnewiek, "and that our Type Curve Analysis product can help our clients create long-term value from energy resources in today's competitive environment."
Sproule has developed a proprietary process for creating its type curves. "Differentiating reservoir performance and reservoir behavior enables assessment of completion type, completion effectiveness, well length, and minor variations in reservoir quality within the area," says Steven Golko, Vice President of Capital Strategies. "Well performance varies within any individual geologic bin, so we've created a 'type curve suite' for each geologic bin that covers the range of well results, from least to best performing in any area".
The framework is transparent and creates consistency across an organization for better decision-making. Contact us today to receive a sample report and see the difference: www.sproule.com/typecurve.
Sproule is a global energy consulting firm helping E&P companies, financial institutions and governments minimize risk and optimize business decisions through our in-depth geoscience and engineering expertise and strong commercial understanding of energy markets and policy requirements. Sproule is headquartered in Calgary, Canada and has offices in Bogotá, Colombia and Rio De Janeiro, Brazil.