New Software Release

Welcome to OFM software

OFM™ well and reservoir analysis software gives managers, petroleum engineers, and geoscientists quick access to the information they need to analyze performance and make timely decisions.

It provides an integrated, cost-effective environment to:

• Manage complex workflows.
• Build forecasting analyses.
• Visualize reservoir and production data.
• Detect production problems early and enable timely follow-up.
• Manage more wells in less time.
• Optimize production performance across an entire asset.

OFM software supports:

• Reservoir performance analysis.
• Production and injection monitoring and surveillance.
• Well and completion performance analyses and diagnostics.
• Decline curve analysis (DCA) and production forecasting solutions for both conventional and unconventional reservoirs.
• Interactive dashboards for visualizing and analyzing data by using maps, charts, reports, and filters.
• Collaborative workspaces for sharing best practices.
• Application programming interface (API) for adding custom and proprietary solutions to the OFM SOFTWARE environment with plug-in analyses and functions.
• Cross-domain integrations with the Avocet™ production operation software platform and the Petrel™ subsurface software platform.

 Learn more about OFM software

What’s new in OFM 26.1

Introduction

OFM 26.1 introduces new and exciting modules, together with quality upgrades and enhancements on current modules. A few highlights are listed below.

• A new Deviations visualization for the Analysis Dashboard.
• A new Correlation Matrix tool in the Analysis Dashboard.

The new release also delivers several smaller, but useful, enhancements across various modules.

For information on database compatibility and other requirements, please refer to the Installation Guide.

Deviations

OFM 26.1 adds a new Deviations viewer to the Analysis Dashboard window (Figure 1), which can be used to view wellbores and lithology. The Edit menu provides an individual 2D view, 3D view, a Gun Barrel Chart, and Spacing Report formats. The Deviations module supports Lat/Long, UTM, and SPCS coordinate systems.

The 2D Deviations view provides an overhead view of the wellhead location, the deviation, and an underlying GIS layer.

Figure 2: The 2D deviations analysis with an underlying GIS layer.

The 3D Deviations view shows deviation data for one or more wells by using a 3D coordinate system. It can also include lithology and perforation sections.

Figure 3: The 3D deviations analysis showing two U drill laterals.

The Gun Barrel Chart analysis for well spacing takes the cross section of a group of wells, from the viewpoint of the end of the laterals, and calculates the distances between the laterals.

Figure 4: The Gun Barrel chart showing the well spacing for a group of horizontal wells..

The Spacing Report starts with a selected reference wellbore and displays the calculated distances from the other wellbores in the filter. The Formation Interval Crossed column represents the status of the wellbores in the lithology layers. One wellbore in the top lithology layer, and the other wellbore in the bottom lithology layer will be true; otherwise, it will be false.

Correlation matrix

The new Correlation Matrix allows you to select multiple variables for a group of completions and determine how strong the correlation is for the pairs of selected variables. OFM software provides the Pearson and Spearman correlation methods.

The values range from -1 to +1. Values closer to ±1 indicate stronger relationships.

Figure 5: The Correlation Matrix analysis showing the correlation strength of four variables.
 

Pearson correlation coefficient

For the Pearson correlation coefficient, your data is continuous, follows a normal distribution, has no major outliers, and the relationship between variables is linear.

Spearman correlation coefficient

For the Spearman correlation coefficient, your data includes ordinal/ranked categories, is heavily skewed, contains extreme outliers, or exhibits a non-linear but monotonic trend (like a consistent upward curve).

The Spearman correlation coefficient converts the raw data of X and Y into ranks (for example: 1st, 2nd, 3rd, and so on) and calculates the Pearson correlation coefficient of those ranks.

Other enhancements

This section includes several smaller enhancements across several modules.

Log viewer

Cross sections

The new OFM software release allows you to view cross sections in your OFM software dashboard. You can use this function when lithology data is available in your user projects.

Figure 6: The Well Log Cross Section analysis displaying the lithology and perforations for nine wells.

Charting

Line and scatter charts

You can now include crosshairs with your line and scatter charts. In the Properties Inspector, the vertical and horizontal lines can be switched on or off.

Line charts

• You can now modify curve names in the legend on line charts.
• Regression Curves have two new capabilities: include the equation and R2 value of the curve, and create a report with the Raw Data.
• A Shift Curve button has been added to the toolbar, allowing you to shift a curve horizontally or vertically.

Bar charts

The Waterfall bar chart has been redesigned, and a Total bar is now available to represent the total volume of the series. The Waterfall chart can be used with one or multiple variables.

Chart annotations

An email button has been added to the Annotation table, allowing selected annotations to be sent directly in a new email.