Numerous project and well details are tracked, including prospective or actual well locations based on latitude and longitude (user inputs or simple map drop pins).
Horizontal wellbores with surface and bottom-hole locations allow the program to estimate lateral lengths from mapped information.
Shale analysis for oil or gas wells is included to estimate, well acreage spacing , recoveries and effective declines.
A leased minerals map tool is added to estimate the acreage inside and outside of a user defined producing unit, along with quick mineral value estimates.
Prospector provides important estimates of Hydrocarbon Fluid Properties, Oil or Gas In-Place, Production Forecasts and Economics, including shale estimates.
Rock and fluid properties include porosity, water resistivity, and water saturations and more.
Includes exponential or hyperbolic declines, and economic results are summarized for well payout, cash-on-cash returns and net present value.
Shale analysis for oil or gas wells is included to estimate, well acreage spacing, recoveries and effective declines.