Petroleum Economics meets Production Modeling

WellSpring is the only oil and gas development planning software system that gives you a complete picture of your production network, including rig scheduling, wells, facilities, pipelines and capital. Petroleum Economics

By making it easy to modify rig schedules, well forecasts, facility limits or expansions, WellSpring enables you to quickly evaluate alternative development options.  WellSpring allows you to focus on your business decisions - suitable for all your projects including CBM, Shale gas, SAGD, CSS, or conventional projects.

Functionality

From the base plan, scenarios can be added allowing you to quickly build, check and compare development alternatives.
Many workflows are nicely supported

• Drilling Scheduling – Add 5 rigs?  Drop 1?  WellSpring allows you to quickly see the impact on your project.


• Facilities Sizing – Add a Compressor, Curtail your production, which option has the best return.


• Processing Fees – Contract 3rd party gas? Horde capacity for future production?


• Drill to fill – How fast do I drill to keep my facility at capacity?


• Facility Expansion – When to Expand? What to Expand? Wellspring can schedule facility expansions to keep up with drilling programs.


• Company Roll-Up – What is the value of the company or any subset of assets.


• Scenario Comparison -   Visually compare development options; find the one that best meets your project goals. Petroleum Economics