Tracking recoverable reserves over time no longer requires a complex and costly reservoir modeling package. Material balance techniques allow you to track how pressures and fluid characteristics change with time, giving you an accurate production forecast and a true accounting of your reserves.
Weatherford delivers material balance data in a simplified, user-friendly, and cost-efficient platform. With minimal data entry, MatBal software helps you predict how your reservoir will perform by tracking water, oil, and gas and their changing dynamics over time. Regardless of your application—a single well or 10 comingled wells—our system translates existing production histories into production forecasts that become more precise with continued reservoir depletion.
With up-to-date material balance data from MatBal software, you can accurately predict and model the performance of your wells and reservoir at any stage of field development. Our continuous material balance process requires minimal data entry, yet delivers a critical understanding of your reservoir. You gain a simple and visual means of simplifying workflows, honing reservoir strategies, and optimizing production.