PLDB: Well Failure Analysis Webinar from Petrosys
2020 Jun, 19
Learning from past failures is critical to achieving future success. In PLDB this learning process has traditionally been accomplished using the post-drill analysis feature. More recently, a significant piece of functionality has been introduced to PLDB, called ‘Well Failure Analysis’. The WFA tool allows companies to capture, analyse and spatialise the geological reasons why a well has failed. This is critical for anyone working on existing prospects or leads as it allows play risk values to be derived objectively and consistently using historical information.