In conjunction with our best-in-class field studies, WDVGE utilizes all available geologic, production and completion data to best estimate current producing volumes and potential future volumes for designing gathering systems and oilfield infrastructure.
As a registered Professional Engineering Firm in Texas with licensed Professional Engineers on staff, WDVGE provides reserve reports for many oil and gas clients in accordance with SEC guidelines.
In additional to traditional decline curve analysis, WDVGE uses Rate Transient Analysis (RTA) to forecast well production via analytical models. These models incorporate physics into the equation as opposed to a purely empirical method and can also serve as an informative complement to full numerical simulation.