Automated Exponential Decline Analysis

Petroscout automatically calculates exponential decline rates for liquid and gas phases for every producing event sequence of wells. Updated monthly, it delivers precise production and revenue forecasts for user-defined well lists in a single step. Decline analyses are easy to verify, as production reports are available for each producing event of every well—just like the example below.

Automated Liability Estimates for Wells, Pipelines & Facilities

Generate AFE-ready estimates with the accuracy of manual calculations. Petroscout assesses abandonment requirements, access conditions, pipeline connectivity, lease size, soil type, road assumptions, spill inclusion, SAGD facility considerations, and more.

• Customizable unit rates and assumptions

• Well estimates include schematics and mini-programs, making validation effortless

• Discount and inflation rates can be applied, with life spans determined via automated decline analysis and economic limits

Start with All Non-Reclaimed Wells — Then Zero In on Your Target

Petroscout’s prospecting tool catalogs every non-reclaimed well, sorted from top boe/d producers to service to inactive to abandoned wells. Apply filters to instantly view estimated remaining revenue and liability, enabling rapid economic analysis.

• Effortless List Creation – Generate well, pipeline, and facility lists with a single click, or seamlessly import lists from other sources—Petroscout handles the rest.

• Generate key reports, including Production History & Revenue Forecast, industry-leading ARO Report, Risk Reports, Inventory Summaries (LTO impacts), and Google Earth maps

Petroscout: More Than Just a Prospecting Tool

Petroscout goes beyond traditional prospecting, offering cutting-edge features that streamline operations and enhance decision-making.

• Well Schematics for Every Well – Instant access to detailed schematics

• Well File Review Checklist System – Review well files in a fraction of the usual time

• Advanced Geospatial Support – Incorporate unique information and images for deeper insights, including automatic picture mapping based on proximity, ideal for planning reclamation work

• Exclusive Data Analytics – Uncover engineering insights not found anywhere else

• Regulatory Compliance Management – Project Management of D13, SCVF testing, packer isolation testing, well testing, pipeline discontinuations

• Comprehensive ARO Reports – Achieve the accuracy of manual estimates for wells, pipelines, and facilities

• Risk Analysis Reports – Identify and mitigate risks by pinpointing problem sites

• Inactive Inventory Planning Reports – Optimize inventory reduction strategies

• Inventory Summaries Reports – Access complete inventory details, including license-to-operate and emissions impacts

• Liability Reduction Report & Tool – Load and analyze regulator liability data, then rapidly reduce liability using built-in optimization tools