Petroleum Economic Planning meets Production Modeling

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.



WellSpring™ Video Presentation
Click here  to view a 3 minute overview highlighting WellSpring's™ capabilities.


WellSpring™ Product Highlights
  • Detailed Economics Analysis
  • Decline & Nodal Production Modeling
  • Visual Field Layout
  • Risk & Sensitivity Analysis
  • Facilities Constraints & Curtailment
  • Comparative Scenario Analysis more...
Who Typically Uses WellSpring™
  • Reservoir Engineers
  • Capital Planners
  • A&D Teams
  • Facilities Engineers
  • Production Engineers
WellSpring™ is suitable for:
  • Conventional production
  • Unconventional development
    • CBM
    • Shale Gas
    • SAGD
    • CSS
  • Offshore development
  • Exploration planning
Home Product Technology Demos News About Contact
WellSpring is a trademark of Enersight Corp. All other names and trademarks are the property of their respective owners.