See the energy at TGS.com

© 2016 TGS-NOPEC Geophysical Company ASA. All rights reserved.

TGS Production Forecast creates monthly projections of producing oil and gas data streams, which allow the calculation of Estimated Ultimate Recoverables (EURs) and other values needed to perform advanced well and field evaluations. All active, producing wells are projected on a monthly basis forward to their economic limit. In addition to monthly forecasts, each well contains forecasted Summary Data values at the EUR well level; including:

TGS Production Forecast

• Forecast Oil Remaining (bbls)

• Forecast Gas Remaining (mcf)

• Forecast Water Remaining (bbls)

• Forecast BOE Remaining (bbls using 6-1 ratio)

• Forecast Oil Ultimate (bbls)

• Forecast Gas Ultimate (mcf)

• Forecast Water Ultimate (bbls)

• Forecast BOE Ultimate (bbls using 6-1 ratio)

See the energy at TGS.com

© 2016 TGS-NOPEC Geophysical Company ASA. All rights reserved.

FORECAST REMAINING BOE

EUR PROBABILITY GRAPH

• Plot forecasted BOE Ultimates, by operator, in a region. Determine top targets for A&D.

• Identify spatial patterns of high and low well performance across an area to find best acreage in a play.

• Compare wells, operators, plays, techniques to one another.

• Measure well performance against your plan and outlook.

• In M&A world quickly forecast wells and compare to the acquisition package provided forecasts as an initial validation.

• Determine Remaining Oil, Remaining Gas as a means to identify underdeveloped drilling locations, underdeveloped reserves.

BenefitsWith these data additions and enhancements Longbow users can now perform interpretations and analytics based on historical production data and forecasted data within the same project.

US Tel: +1 713 860 2100 Email: info@tgs.com

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