Production Template for Post Audit Review

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This is Excel production template for post audit review. To use this tool you must have the following:

Target production rate before you drill wells.
Actual production from your wells after drilling wells.
Put your actual and target production rate in column mode starts with well name actual date and production rate in monthly basis. Your target production rate must be in month 1, 2, 3, etc. Add your new well name into Well list sheet. Extend existing formula if needed.

Use drop down cell to select different wells and to compare target versus actual production. This excel production template will look up the data based on well name you select using an array Excel function. therefore, well name must be exactly the same between actual and target production data.

Notes:

Some calculation uses EOMONTH excel function to determine number of maximum days in a month. This requires add-ons Analysis ToolPak and Analysis ToolPak – VBA to be turn on. To do this go to Tools, Add-ons and then select add-ons Analysis ToolPak and Analysis ToolPak – VBA .
This template using array formula that covers row up to 20000 for your production data (Actual and Target). You can extend this range if needed.
When adding new wells or new production data for existing wells, just add the data at the end row of Actual or Target sheets.
You must extract file to run array formula.
Use VBA macro? No