The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 20, 2024
Filed:
Jul. 17, 2023
RS Energy Group Topco, Inc., Calgary, CA;
RS Energy Group Topco, Inc., Calgary, CA;
Abstract
Embodiments disclosed herein generally relate to a method and system for oil and gas predictive analytics. A computer system receives a set of production information for a well located in a region. The computing system generates a set of general reference groups comprising one or more reference wells for the region. The computing system determines whether the set of production information for the well includes the threshold amount of production information. The computing system selects a subset of reference wells from the general reference groups based on one or more traits of the well. The computing system generates a reference curve based on the set of production information associated with each reference well in the subset of reference wells. The computing system fits a decline curve to the reference curve, to determine an estimated ultimate recovery of the well.