Fekete Engineering Software & Services

F.A.S.T. Evolution™ Release Notes

Version 1.2.1 Build 236 (February 2010)

New Features/Enhancements

Added ability to maintain aspect ratio of reservoir dimensions in Scoping calculations
Added horizontal with multiple fracture wells in Scoping and Forecasts
Individual well costs can be specified in Forecasts
Optional creation of total field Type Curves in Forecasts

Known Issues/Fixes

Interface enhancements
Known file corruption issue fixed
Increased maximum number of Scoping and Forecast cases to 20 each
Improvements to Scoping NPV calculations
Scoping Recovery plot changed from Sales Gas to Raw Gas Produced

Version 1.1.1 build 149 (August 2009)

New Features

Copy parameters between Scopes and Forecasts
Rename Scopes and Forecasts tabs
Enhanced default template in Report
User defined formation compressibility
Visual indication of apparent wellbore radius exceeding reservoir boundaries

Known Issues/Fixes

Interface enhancements
Automatic scheduling enhancement
Error checking for input inconsistencies

Version 1.1 build 112 (June 2009)

Release Notes

F.A.S.T. Evolution™ is field development planning software designed specifically for tight and unconventional gas.

New Features

“Scoping” feature allows rapid generation of multiple field development scenarios
- Plot field recovery factor and EUR per well against number of wells drilled
- Plot net present value (NPV) against number of wells drilled
- “Clone” scenarios to generate one-off cases and test sensitivities
“Forecast” feature with multi-well analytical reservoir
- Automatically schedule on-stream dates for new wells
- Predict infill well performance
- Model accounts for reservoir depletion, well placement and interference
- Generate production and cash-flow forecasts for complex completions
Comparison plots for viewing multiple scenarios together
- Compare multiple recovery factor and NPV realizations
- Compare production forecasts and cash-flow forecasts for multiple development scenarios
Reporting capabilities
- Select from several fixed format reporting templates
- Generate custom report templates

Known Issues

The Evolution Help file contains a number of video clips. Should you experience any problems with the audio, you may need to download and install a codec. Please contact Fekete Technical Support at 1-800-625-2488 should you require assistance with this issue.