Today I'm going to give you a behind-the-scenes look at a method engineers use to forecast production in oil and gas operations, and explain why you MAY be able to do it at home and when it makes sense to call in an expert.

https://www.PecanEstimate.com

CHAPTER:
0:00 Introduction
0:58 Rate vs. Time Charts
3:32 Models used in decline curve analysis
7:32 Tips for DIY forecasts
8:10 When you should not create your own forecast
8:26 Hard to predict wells
11:14 More examples of declines

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CONTACT ME:

[email protected]

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The Mineral Rights Forum (here I often answer questions)
https://www.mineralrightsforum.com/

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PECAN TREE OIL & GAS: Pecan Tree was founded in January 2020 by Tracy Lenz as a limited liability company (registered as Texas Engineering Firm F-21124) to bridge the gap between mineral owners and the confusing, expensive world of oil and gas. Having worked on the operator side for over a decade, Tracy experienced firsthand that mineral owners can rarely afford the same data, experts, or software to go toe-to-toe with operators and buyers, and yet there is MORE at stake when deciding what to do with their minerals. Pecan Tree's focus and efficiency makes these resources available with no hidden agendas. We don't buy minerals, we don't work with billion-dollar companies, and we run our shop 100% debt-free. This flexibility allows us to innovate technologically, maintain the highest standards (quality of work, customer service, and ethics), and customize pricing and scope to each client's specific needs.

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ABOUT TRACY:
– Licensed Professional Engineer in the State of Texas, PE# 132654
– Certified Mineral Appraiser by the International Institute of Mineral Appraisers (IIMA), #2020-06
– Master of Science in Petroleum Engineering from the University of Southern California
– Bachelor of Science in Petroleum Engineering from the University of Texas at Austin
– Oil and gas mineral experience in Texas, Oklahoma, New Mexico, Louisiana, Gulf of Mexico, North Dakota, Utah, Colorado and Kansas.

http://www.pecantreeog.com
[email protected]

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