WHAT IT DOES
Reserves from rates, without hiding the uncertainty
Decline curve analysis fits an empirical model to a well's rate history and extends it to an economic limit. Converge fits four models to the same data, by least squares on log rate, with outliers down-weighted and downtime excluded, and ranks them by the Akaike information criterion so a better score cannot come from extra parameters alone.
A single EUR hides the uncertainty, so Converge adds a block bootstrap: the residuals are resampled in blocks that keep month-to-month correlation, every resample is refitted, and the terminal decline is drawn around your input. The result is a P90, P50 and P10 EUR, and the spread between models is shown separately.
Rate-transient analysis goes further: with flowing pressures, rate-normalised pressure, Blasingame and Agarwal-Gardner plots, a type-curve match, linear-flow analysis and flowing material balance turn production data into reservoir properties.