2024 SPEE Software Symposium: Experiences in Automated Forecasting

Come join us for our fifth Software Symposium since 2000, and our first since 2018!  Previous symposia have made big waves in the industry, and we expect this one will as well.  Advancements in computing power, data management and forecasting algorithms have led to a wave of innovation for automated production forecasting.  This year’s symposium will gather together oil and gas industry experts, software vendors and a large group of users to discuss the continued advancement of forecasting workflows.

On the Agenda

  • Industry survey results on the usage and opinions of automated forecasting
  • A walk down memory lane and the beginnings of decline curve analysis
  • Advanced topics on current analysis and the future of automated forecasting techniques
  • A comparison of commercially available forecasting and economic analysis software

The “Bake Off”

The highlight of the Software Symposium is the comparative analysis of commercial software that uses automated forecasting.

  • Fifteen participating software vendors
  • Common production dataset of 1000+ unconventional wells
  • Autoforecasted and returned to the committee within 12 hours

The Software Symposium committee will be presenting anonymized results reflecting both speed and accuracy as well as any other findings from such a rich data set.

The Bake Off Participants

  1. 4cast: 4cast
  2. BLR: PetroCurveFit
  3. Blue River Analytics: Analytics for Energy
  4. ComboCurve: ComboCurve
  5. Danomics: Danomics
  6. Enertel: QuantumCast
  7. FDC Group: Dash Energy
  8. inerG: inerGeconomics
  9. OGRE: R3 Economics
  10. Omnira: Mosaic
  11. Predico: Predico
  12. PDQ Decisions: PDQ Decide
  13. Quorum: Val Nav
  14. S&P: Harmony
  15. Upstream Edge: Obsidian

The Exhibition

We will have dedicated time throughout the day to visit vendor display booths and see software demonstrations from our participating sponsors.  This is a great opportunity to ask questions and find out where the industry is going in terms of smarter and more efficient workflows that fit your company’s needs.

Details

DATE:                         Wednesday, October 16th, 2024                               
TIME:                          8:00 am to 4:00 pm (Networking Social to Follow)

LOCATION:                Oxy Tower – The Woodlands, TX
COST:                         $40 Members / $50 Non-Members

Thanks to our Sponsors

2P (Proved + Probable) – $5,000

1P (Proved) – $2,500

Networking Social - Happy Hour

After a full day of insights and innovation, we invite you to unwind and continue the conversations at our exclusive post-event Happy Hour. Join us at Cyclone Anaya on the Waterway from 4 to 7 pm, where symposium registrants can enjoy a relaxing evening filled with great company, delicious complimentary appetizers, and two (2) drink tickets on the house.

This is your chance to connect with fellow industry professionals, share ideas, and make new connections in a more casual setting. Whether you’re reflecting on the day’s sessions or looking forward to the next big trends in software and forecasting, this event is the perfect way to cap off a successful symposium.

Committee

Chair – Lucas Smith
Vendor Liaison – Zack Warren
Technical Program – John Wright, David Fulford, Steven Golko
Publicity – Christina Hilton

Contact and More Information

Please email your comments and questions to symposium@spee.org since we are no longer taking on any sponsors or bake off participants.

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