This Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course develops the practical capability required to analyse historical production, evaluate decline behaviour and generate technically defensible production forecasts using OFM. Reliable forecasting requires more than fitting a mathematical trend to historical rates. Engineers must understand reservoir behaviour, select appropriate decline models, evaluate data quality and test whether forecast assumptions remain consistent with actual well performance.
The OFM Production Performance and Forecasting training course progresses from production-decline fundamentals and Arps decline relationships to practical DCA implementation, advanced ratio forecasting and multi-well analysis. Participants will examine automated and manual decline fitting, forecast constraints, GOR and water-cut behaviour, EUR sensitivity and field-level aggregation. They will also learn how to compare forecasts against actual performance, communicate results through OFM outputs and prepare production data for economic and reservoir-evaluation workflows. Emphasis is placed throughout on forecast quality control and sound engineering judgement.
This Oil Field Manager (OFM) Production Performance and Forecasting Analysis training course will highlight:
By the end of this OFM Production Performance and Forecasting Analysis training course, participants will be able to:
This OFM Production Performance and Forecasting Analysis training course is designed for technical professionals who use production data for well-performance evaluation, forecasting and asset planning. It will be particularly valuable for:
This OFM Production Performance and Forecasting training course uses a practical, application-focused methodology combining technical instruction, OFM-based demonstrations, production-data analysis, decline-curve exercises and forecasting scenarios. Participants will work with well-production histories to select decline regimes, evaluate curve fits and develop forecast cases. Exercises will progress from individual wells to grouped and field-level analysis, with emphasis on quality control, sensitivity analysis and interpretation rather than relying solely on automated fitting.
Organisations will benefit from:
By attending this OFM Production Performance and Forecasting Analysis training course, participants will develop:
We offer a variety of tailored training options, customized to meet your organisation's needs. Delivered anytime, anywhere, we make it easy to bring expert training directly to your team.
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