Enersight specializes in the development of planning
and budgeting software for the Oil and Gas industry. Our product
WellSpring™, is an integrated planning software system to help petroleum companies quantify the
value of their producing assets and their exploration and development opportunities.Petroleum Economics
Know the Value of Your Field Development Scenarios
Whether you are working for a multi-national company or planning your first well, understanding the benefits and risks of all the development alternatives
can be a complex and time consuming process.
WellSpring's graphical approach to modelling your development opportunities allows
you to analyze and compare the merits of your development options. You generate
a schematic representation
of your existing
and planned wells and tie them together with a pipeline and facility network that
captures field constraints such as fluid handling, steam generation, and compressor
throughput.
You can incorporate your drilling plans using WellSpring's rig and well scheduling
tools, or automate your drilling plans based on target facility utilization rates.
Seasonal rig availability, pad-based drilling or "drill to fill" scenarios can be
rapidly created, evaluated and revised to keep the planning process as smooth and
efficient as possible.
Progressing to a valuation of your development scenarios is easy. WellSpring has
a comprehensive economics engine that models revenue, capital, operating costs,
royalties and taxes. Risk and sensitivity analysis can be applied, and 'what-if'
variations on your development scenarios can be generated in just a few minutes.
From project evaluations to corporate roll-ups across business units, WellSpring
helps you optimize your net asset value and rapidly generate budgets with robust
production and cash flow forecasts.
Global Petroleum Economics
Use WellSpring for evaluating petroleum assets anywhere in
the world. Royalty-based regimes and Production Sharing regimes are available
in WellSpring or can be added to the WellSpring model library.
These fiscal models take full advantage of working with an integrated production
network. Ring fencing, multiple paths to market, fixed cost allocation, differing ownership
at all levels, plant prioritization and processing fees can all be incorporated
into your analysis.
Powerful Production Modeling
Working with WellSpring's visual field layout tool, the production modeling capabilities
range from standard decline curve analysis to pressure-based hydraulic pipeline
pressure and compression calculations. This workflow allows rapid generation and comparison of development scenarios, flexible setup of the production model and
seamless integration to a rigorous fiscal model. Petroleum Economics
Working Together
As a web-based visual application, WellSpring empowers teams to easily collaborate in the local board room or around the world to answer
questions such as:Petroleum Economics
- What drilling schedule makes the most of our infrastructure and facility plans?
- How do the different scenarios compare for value, reserves and capital requirements?
- What effect does our drilling schedule have on budgeting and reserve forecasts?
- Should we construct a new facility or make use of existing capacity?
Using WellSpring, you will be armed with the optimal development strategy that
reflects the realities of the opportunity coupled with all of your business expectations
- visualized and quantified.