Quick Decline Ultimate – A Program for Royalty Owners, Petroleum Engineers, and Mineral Investigators

**This app has been discontinued….please see the new evolution of Quick Decline here**

To all of the owners, please download the latest version from your original download link. A new version is out. Here is the change log:
-added support for standard single well AFIT modeling (meaning AFIT calculations now work)
-added save production button that is mean to update a wells production if the well is already in the db
-added custom data table creator (allows user to run sensitivities on any parameters in the sheet)
-added price multipliers for oil, gas, and ngl’s
-added improvements to the algorithm that brings in production data
-massive performance enhancements in the decline generation part of the program
-added interval reporting volumes in the economic section
-fix problem with the way gross revenues were being displayed
-increased the speed of the IRR calculator
-fixed economic issues when using “start at end”
-made wells with higher than 100% IRR equal to 100%
-fixed working interest issue with shipping and handling fees
-fixed GOR and Yield data generators for lower volumes
-implemented new curve dragging algorithm to smooth out the process of changing IP’s on the curve fit page
-fixed some issues with new curve dragging technique
-removed automatic “start at end” after the auto curve fit algorithm finishes. If you want the curve to start at end after the auto forecast simply hit the start at end button now.

Quick Decline Ultimate is a professional oil and gas decline analysis and economic package meant to be affordable to anyone (direct competitors like PHDwin charge thousands of dollars for a license). Forecast royalty payments, compare well results, predict economics, rank projects, store all of your previous work in the built in database, and so much more. Quickly and easily pull in data from any source using the unique built in clipboard feature (basically copy/paste). This program also imports IHS and HPDI (now DI Desktop) export files. You can also link Quick Decline Ultimate to your company’s production database to dynamically pull production for your company’s wells each time you evaluate them. This program is the perfect compliment to our Texas Production Query Tool.

This program is not just for petroleum engineers, royalty owners can also use this program to attempt to forecast royalty payments. Simply fit your land’s production data then output the economics in monthly format. It’s that simple. Anyone can use this program it is so quick and simple. This program was built out of necessity (by me) to help me quickly and easily perform decline analysis and economics on wells that I was investigating. Pulling the production into Aries was too time consuming for the quick looks I do. This program is the perfect tool to copy production data into and get and answer to the well’s economics almost instantly. I also put in an automatic curve fitting routine to help fit declines faster. All you have to do is type in the correct b factor and then hit auto forecast and viola (assuming your data has a nice and normal decline otherwise you may want to manually fit the data). If the auto forecast can’t seem to figure out your data, simply go the the curve fit chart and drag the curve around until you match your data.

This program was built to match Aries as closely as possible. It uses hyperbolic, harmonic, and exponential curve to forecast production. The economic analysis uses very familiar parameters the to average petroleum engineer. Recently the AFIT models were updated so now AFIT calculations are matched to Aries as well. I have even included a sheet sheet to help non petroleum engineers fit the production data for their reservoir.

Demonstration Video

Quick Decline Ultimate is being brought to you at the extremely affordable price of $99.00. Most decline and economic packages today like PHDwin and Aries sell for several thousads of dollars per license. This program is an attempt to provide the average royalty owner, landman, or garage petroleum engineer a full featured and robust decline and economics package. This program requires Microsoft Office 2007 (specifically excel and access). It is recommended to have at least 2GB of memory and an Intel Core i5 or higher processor.
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Please see the next evolution of Quick Decline here:

After completing the purchase process you will be sent an email from our servers with your username, password, transaction id, and a link to the download page. Keep this email forever! This is your way to download updates in the future as well (up to 10 total downloads). You are the only one that has your password. We store it with hash cryptology in our databases so it is unrecoverable. Depending on your email provider this email may wind up in your spam folder. Please check your spam folders if you have not seen the email after 30 minutes. Time to receive the email depends on our server load and your email providers blocking policy. Some providers like “AOL” block the email for hours even a day or few.

Instructional video for downloading, setting up excel/access, and activating your program after purchase

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