Oliasoft Forecast™
The planning tool that redefines well time and cost estimation
Oliasoft Forecast is a pioneering planning tool designed to transform how you estimate well time and costs.
The combination of automated time and cost estimates, integration of offset data, and an intuitive user interface, makes Oliasoft Forecast a game-changer.
Results overview
Activity model
Well details
Time tracker
Concept comparison
Key features
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Probabilistic time & cost based on Monte Carlo simulations
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Automated generation of estimates from activity and cost ruleset
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Suggested activity durations from selected offsets
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Time Tracker for operational tracking
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Comparison and ranking of well design concepts based on time and cost estimates
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Activity Model and Cost Setup with links to well details
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Result Overview with extensive result charts and tables
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Price Book
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API enabled for third-parties
Screen More Concepts, Make Optimized Decisions
The value of Oliasoft Forecast lies in the ability to screen multiple concepts and estimates. By incorporating historical well data into your estimates, the users can make data-driven investment decisions. Gain a strategic advantage by ensuring every move is optimized to maximize asset value.
Maximize asset value
Automated time & cost estimates created directly from design parameters allows you to rank multiple concepts, select the optimal design, and maximize asset value.
Integration of offset data
Incorporate historical data into your estimates to make data-driven investment decisions.
Spend less time on the repetitive task of building estimates and more time reviewing and analyzing the results.
Modern software architecture
Built on a modern software architecture, Oliasoft Forecast offers a user-friendly interface, and can seamlessly integrate with any system, enabling efficient well planning and execution.
Empowering our customers with Truly Open APIs
Explore how our truly open APIs can revolutionize your digital work processes