Enersight Planning - Capability and Features
From Shale gas through SAGD optimiztaion. Enersight offers a solution that can be tailor fit to your business needs. The Enersight Planning application is a business simulation modeling environment that can be customized to model your specific oil and gas development.Visual Layout
WellSpring is a visual application that shows a graphical layout of your wells, pipelines, facilities and results. This drag and drop interface lets you quickly construct a project, enter the data, and view the results like never seen before.
On the Network View you can:
- View a standard well symbols and facility icon view
- View bubble maps of production or economic results
- View miniature thumbnail graphs of production/economic results
- Animate the results over the 50 years of calculations
Gantt Style Development Scheduling on 'Plan View'
WellSpring's second differentiating view is a Gantt style project interface that allows our users to quickly manipulate and optimize the development timing of their project.
Features include:
Quick graphing and reporting of the economics at any point in the network
layout Drag and drop scheduling of your wells and facilities
Scenario management features for quick control over scenario consolidations, incremental analysis, and risked rollup of results
- Direct integration of risk and sensitivity analysis in the network economics lets you lay out multiple risked development scenarios and quickly view the impact risk has on your expected values and reserves.
- Each well or facility may specify the probability of success and opportunity. This combines statistically with all downstream facilities risks to let you quickly model dependent field development stages.
- Sensitivity factors for initial production rate, reserves, capital and operating costs can be specified at each well and facility.
- Find the "behind-the-pipe" value for each constraint in your network.
WellSpring can model some very complex economic situations by incorporating the flow network directly into a detailed economic modeling tool. These include:
- Multi-layered cost and capital structure at wells and facilities
- Tracking disparate working interests for wells, pipelines and facilities
- Paid and received processing fees at various points in the network
- Multiple product sales locations with different product prices
- In-stream gas component tracking alongside ownership and royalty status
Production Curtailment and Downtime
Facility downtime, facility production constraints, and pipeline back-pressure all cause production curtailment. In WellSpring you can specify:
- Volume based facility constraints such as water handling capacity or gas contract volumes
- Composition based constraints such as CO2 or H2S % limits.
- Pipeline or sales point M.O.Ps (Maximum Operating Pressures)
- Downtime models at both wells and facilities that can layer in everything from turn-around to hurricane season
- In WellSpring, facilities are full economic entities and as such can have specific capital, operating costs, processing fees and working interests associated with them. Costs are layered in as production flows through each facility with an economic limit check and fixed cost allocation occurring at each level of the network
Pipelines
In WellSpring, production moves from the wellhead to a sales point via a network of pipelines and facilities. Twin pipelines, line reversals and multiple inlet/outlet pipelines are all supported.
The pipelines topography can change from month to month and each pipeline is defined to carry specific products. Pipelines can have maximum capacities and maximum operating pressures that limit the overall production network performance.
Auto-Development Rules
Because WellSpring represents a dynamic model of your field, automated rules can be defined to take certain actions when a particular event in the production network occurs.
For example, WellSpring supports a "Fill Facility" rule that automatically controls the pace of a drilling program so as to keep the facility at or near capacity but not spending capital until required.
Other Auto-Development rules include:
- Expand facility capacity to meet production capabilities of the wells
- Drilling schedule based on drilling timing and rig availability
- Drilling schedule based on a percentage of free cash flow to be reinvested.
Within a single project, as many different development scenarios can be created, consolidated and compared as a user wishes.
WellSpring makes creating alternate scenarios easy and can be used for:
- Quickly examining a new development idea and seeing the results side by side in seconds.
- Doing incremental analysis between two development scenarios (i.e. with and without compression)
- Combining multiple versions of a development plan using risk factors to create an expected consolidation.
- Tag scenarios with reserve categories for quick reserve reporting and graphing
What We Offer
Enersight offer the highest level of product support and consulting. Our years of experience mean that we can quickly understand what it is you are trying to model and translate that into a performant and effective WellSpring model.- We constantly update our software to satisfy the needs of our customers. New functionality can be added in days and weeks instead of months and years.
