How to create an exponential fit onto Oil phase
There are two ways to create an exponential fit: Using shortcut keys or manually operations.
Longyun Xu
30 steps
3 minutes
1
After a template of Rate vs Date is opened, choose a leaf asset.
2
Click the chart
3
Press [[ctrl]] + [[O]] to highlight OIL phase, then press [[ctrl]] + [[F3]] to create an exponential fit onto OIL phase
4
Press arrow keys (Up, Down) to adjust qi and press arrow keys (Left, Right) to adjust Dei
5
Click "Decline Properties" dialog to change Dei or qi.
6
Select an entry on the "Decline Properties" dialog to change Dei or qi.
7
Observe the changes to the decline.
8
Click "DCA Result" dialog to adjust Dei or qi of As of Date
9
Click "DCA Result" dialog to adjust Dei or qi of As of Date
10
Click "DCA Result" dialog to adjust Dei or qi of As of Date
11
Click "DCA Result" dialog to adjust Dei or qi of As of Date
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Press [[ctrl]] + [[q]] to highlight all phases
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Click "Char Outline"
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Click "Axis Items" to view all phases on the template
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Click "OIL" to highlight it
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Click "Create Fit" dropdown box
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Choose "Create Exponential Fit"
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Click "Decline Properties" dialog
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Adjust Dei or qi from Decline Properties dialog
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Adjust Dei or qi from Decline Properties dialog
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Adjust Dei or qi from Decline Properties dialog
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Move the cursor onto the curve to check the fitting result.
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If want to change End Date, Click "Decline Properties" dialog
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Move the cursor onto the date of End Date
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Press [[ctrl]] + left button of mouse and move it to qf
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Release them onto qf
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End Date becomes into editable and qf becomes into a result.
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Type "2050 [[enter]]" and change it into 03/31/2050
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Press [[ctrl]] + [[S]] to save the forecasts onto Analog table
30
Click "Yes" button.
Well done!