Resources
Production forecasting resources
Seven explainers covering how PronoHorizon forecasts production and how to judge whether any production forecast deserves trust. Each one answers a single question directly, then shows the technical basis for the answer.
The product
What the software is, who it is for, and how to evaluate a forecasting tool before it produces a number anyone relies on.
- Oil production forecasting software for upstream teamsPronoHorizon is production forecasting software for upstream oil and gas teams: import production history, forecast every well in the portfolio, compare P10/P50/P90 cases and validate the result against held-out history.
- Upstream portfolio forecastingForecast hundreds of wells with one declared method, give every well a review status, and spend engineering time only on the wells that need judgment.
- Production forecasting for Venezuelan upstream assetsVenezuela-first production forecasting: a public demo portfolio of 17 producing assets and areas across the Orinoco Belt and the Maracaibo Basin, built to survive interrupted production histories.
The method
The decline model behind every forecast: the Arps family, the terminal decline that keeps a batch forecast finite, and the three scenario cases.
- Decline curve analysis softwareAutomated decline curve analysis across a portfolio: Modified Arps fits with visible Di, b-factor and terminal decline, per-well review status, and manual override where engineering judgment applies.
- The Modified Arps decline curveThe Modified Arps model explained: the hyperbolic decline equation, the meaning of Di, the b-factor and terminal decline, and why the terminal switch is what keeps an automated forecast finite.
- P10, P50 and P90 production forecastingWhat P10, P50 and P90 mean in production forecasting, how the three cases are produced per well, and how to check whether the range was realistic using P10–P90 coverage on a holdout window.
The proof
How a forecast is tested against history it was not allowed to see, and what each error metric does and does not tell you.