SPE OKC August Monthly Luncheon

Braden Bowie

Product Manager at WhitsonX

Abstract:

The purpose of this talk is to improve automated production forecasting. The intent is to show that decline models shouldn’t be judged by how pretty they look on a single well, but by how consistently right or wrong they are across thousands of wells. This talk will show a way to systematically choose the level of complexity in the decline model, and blind test the results. Production forecasts for the Midland Basin were improved considerably as a result.

Biography:

Braden Bowie is the Product Manager for whitsonX, whitson’s development optimization engine focused on optimizing well spacing, depletion, and completion design. Before joining whitson, Braden spent more than a decade at Apache, where he worked across a wide range of unconventional basins and technical roles, gaining hands-on experience in reservoir engineering, development planning, and economic decision-making.