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Well Spacing, Declines and More

10.25.2018

Making the most of your geoLOGIC data with Ruths.ai

Troy Ruths, Ph.D, CEO & Chief Data Scientist. Ruths.ai

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Analytics Partnership

Brings the data Brings the analytics

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Ruths.ai provides a new analytics layer

Ruths.ai Analytics

PPDM GnG Well Log

Internal

Vendor systems Custom DB Flat Files

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One integrated analytics platform

Geologic Prospect

Drill Design

Fracture DesignRate v time and performance evaluated by cumulative volumes.

Production/Pressure

Upper Bakken Shale

Middle Bakken Pay

Ruths.ai provides the “Ultimate Workflow” where everything can come together.

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Ruths.ai Analytics

Exchange.ai• Workflow exchange• “Dashboard of dashboards”• 300+ Templates• 200+ Articles, How-Tos• Online training and resources

Petro.ai• Integrate & process data• “Ultimate workflow”• Manages analytics results• Run in batch or at scale• Data science algorithms

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Analyze and Optimize

Load geoLOGIC• Well• Production• Surveys• Grids• Well Logs

Characterization• Classify Interval• Well Spacing• Interpolate Props• Well Log by Zone

Recovery• Multi Well Decline• Parameter Sensitivity• Type Curves• Economics• Field Development

Key Drivers• Relative Importance• Predict EUR• Predict GOR, CGR• Parameter Sensitivity• Sweet Spot

CI Bandit DCA Wrangler CI Bandit

DS TrainingRE TrainingGeo Training

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Load geoLOGIC Data

• Search common data types• One-click load into Spotfire• Dynamically load from marking

or filtering• Create your own templates or

use ours

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CI Bandit: Well Spacing & Volumetrics

• Calculate wine rack distance

• Vertical, horizontal spacing

• Calculate over time

• Rapid projection into “cubespace”

• Quick volumetrics analysis

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Understand parent/child relationships

• View dynamically in 3D• Calculate between midpoints,

heel or toe• Measure temporal effects• Save results

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DCA Wrangler: Reservoir AnalyticsForecast• Accurately decline thousands of wells in

seconds• Generate probabilistic type curves• Run economic simulationsAnalyze• Rich diagnostics for better quality• QC results and interactively update forecastsSave• Save & load forecasts to Petro.ai database• Read & write to ARIES, ValNav

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DCA Wrangler: Type Curve Analysis

• Probabilistic Type Curves

• Multi-segment modified Arps

• Batch curves for groups

• Normalize by any parameter

• Save & load to Petro.ai

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DCA Wrangler: Economic Modeling

• Quickly build economic models from typecurve & single well forecasts

• Load multiple price decks & economicscenarios

• Batch process multiple sensitivities

• Calculate economic results

• Save & Load to Petro.ai

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DCA Wrangler: Field Development Plan

• Generate rig schedules

• Calculate project economics

• Inputs for TC groups, D&Ctiming, years, rig count

• Iterate through multiplescenarios

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Key Drivers

TheoryBasic fundamental principles around how it works

ApplicationSee how MV models work on real data in real workflows

CommunicationLearn how to share your model and discuss it with others

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Petro.ai Chat

• Autonomous chat bot

• Faster, more intuitive analytics

• Create AOIs, decline wells, calc EUR,make type curves and more

• Robust NLP and intent logic

• Rapidly learning new skills!

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Your Analytics Partner