Update! GreaseBook now reduces the number of ‘false anomalies’ and enables you to set much ‘tighter’ trending alarms in the monitoring of your Oil, Gas, and Water production levels.

Basically, as opposed to comparing the historical running average production against today’s production, we’ve changed the anomaly alarm structure by enabling you to compare the historical running average against the last several days of production.

How does this help you as an operator?

First, with the old way of oil well monitoring, many operators were experiencing ‘false anomalies’. Basically, they would be alerted to an issue when there was in fact, no issue at all.

This could’ve been due to a well cycling twice on some days and only once on others. Or, in some cases, a stripper well that may have produced nothing at all.

That’s now been addressed.

Please note, this ability to compare two sets of production numbers will enable you to configure a much tighter (potentially ‘truer’) trending alarm for those higher production flowing wells, too.

As a good rule of thumb, we recommend starting with a 20% variance for both Oil and Gas, a 30 day moving average count, all compared against 3 most recent average days

To get on board with our new trending alarm set-up, log in to your Exec Dash at http://execs.greasebook.com.

Go to ‘Administrator’ Tab > and click, ‘Company’. Once you’ve got your variances and days the way you want them, be sure to click ‘Save’.

Also, to be sure you’re set to receive these types of production alerts by clicking ‘Users’ > then ‘Executives’ (both of which fall beneath the ‘Administrator’ tab…)

Now, find your name, and check any of the following three alerts:

Oil: Production >X% Change

Water: Production >X% Change

Battery Sales Meter > X% Change

Once you have your anomalies set the way you like, click “Save” and then sit back and let GreaseBook alert you to any inconsistencies in your production!

As a kicker, GreaseBook will even display the % variance in your anomaly alerts…

Traditional paper gauge sheets and production reports got nothin’ on the GreaseBook!

Side note: once you’ve addressed the alert and the issue has been resolved, clearing the anomaly by clicking the red Authorize? button notifies your team that everything has been taken care of!

A BIG thanks to Nathaniel Harding, petroleum engineer and President of Harding|Shelton in Oklahoma City for such a great suggestion.

We look forward to your feedback n the comment section below…

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