OFM

New Box Plot Analysis

• A new Box Plot Analysis has been added to the portfolio of Dashboard visualization. Also called a Box-and-Whiskers Plot, this plot provides a good visual of the data distribution of a dataset.

New Forecast Variance Report

• The new Forecast Variance report compliments the three Forecast Manager options introduced in 2021: Display Saved Forecasts, Run Auto Forecast, and Update End Rate/Ratio. The Forecast Variance report provides a quick and easy way to view and highlight the differences between forecasted and actual production for a group of completions.

Dashboard Forecast Analysis

• New Fill Under Curve option
• Digitize Points functionality now available
• Enhanced Lasso functionality for point selection of multiple phases
• Exponential Equation now available in the summary table

Dashboard Mapping, Charting and Reporting

• Added option to display faded completions in Mapping
• Voronoi table now linked to the Voronoi Grid and Navigation Panel
• Bubble Maps can now be scaled to map units
• Display Events and Notes from linked tables in Dashboard Analysis
• Date Range added as Date filter in Reporting

Performance Update

• New option of Column Level loading from SQL data sources, which can improve OFM load times for larger projects. The user can select Column Level or Table Level loading from the Options window.

New Pattern Manager

• Display, sort, and filter pattern parameters for customized view
• Color code by Pattern and/or Completions
• Validate and edit Pattern factors
• Calculate and display Pattern area and distance between wells

New Pie, Doughnut, and Treemap Analysis

• Pie, Doughnut, and Treemap charts now available, expanding the portfolio of visualizations

Catalog Updates

• Catalog enabled for Dashboard templates
• Ten new Dashboard templates included in the Standard Catalog
• New template export manager for sharing Classic and Dashboard templates

Mapping Updates

• New mapping layer for grid calculations: Original Oil in Place (OOIP), Pore Volume (PV), Hydrocarbon PV (HCPV), and Movable PV (MPV)

Performance Update

• SQL Performance Options added
• New Autosave feature
• Two Azure Active Directory (AD) methods enabled for SQL Server.

OFM PlugIn Development – New Visual Studio Extensions

• Easily create OFM functions and analysis plugins with new Visual Studio Extensions

New in OFM 21.2

New Rate-Cum Analysis

• Generate plots with a running sum of both x-axis and y-axis variables, like

  • Rate vs. Cumulative Stacked Charts
  • WOR vs. Cumulative Charts

Mapping

• Added support for loading an image file as an annotation layer
• Added option to edit min/max color range values
• Grid map statistics now updated based on grid area
• Wells without location coordinates not drawn on base map to reduce rendering time

Forecasts

• Updated Lasso functionality for DCA point selection

Forecast Manager

• Support for displaying completion name as Alias
• Forecasts displayed on the current filter

New in OFM 21.1

New Forecast Manager with three options for managing production forecasts:

• Display Saved Forecasts - Enables users to view a table with key information for saved forecasts, such as forecast parameters, start time, end time, reserves and EURs
• Run Auto Forecast - Enables batch forecasting of multiple completions or entities
• Update End Rate/Ratio (“Economic Limit”) - Provides an option to update the forecast End Rate and/ or End Ratio only, while all other forecast parameters are held constant. This allows the users to quickly evaluate the impact of a new “Economic Limit” on reserves and EURs

Forecast Module

• Added flexibility in Decline Curve Analysis (DCA) filtering and datapoint selection
• Switch Rate Date “drop line” available on DCA charts and forecast table 

CDF Module

• Display fit curves on the CDF chart
• Display Pvalue location with a drop line on the CDF chart

Reporting and Mapping

• New index feature that improves plotting and reporting of non-date dependent data
• Update of the color scale range for variables in bounded maps (for pattern-level data)