Multi-segment decline analysis

You can add a multi-segment decline analysis to a decline worksheet (see analyzing an entity).

Note:   This analysis works with your IHS Harmony Forecast™ license.

When you add a multi-segment decline analysis to your worksheet, Harmony initializes your analysis with a two-segment decline analysis, based on the initialization settings specified in the Options dialog box. You can add as many decline segments as you want to the first two segments, by clicking the Add Segment icon on the Analysis Parameters toolbar.

Note:   Segments can only be added or removed after the first two (fixed) segments, and these segments follow the Arps' decline analysis.

Multi-segment decline analyses have these properties:

Analysis Parameters pane

For a description of general parameters and options, see the decline: Analysis Parameters pane and decline: Analysis Parameters toolbar.

The differences between multi-segment and Arps' decline analyses are described below.

Analysis Parameters pane

Line manipulation

Most of the line manipulation from the decline analysis is the same. However, some of the functionality is slightly different for the initial and secondary segments of your decline.

1. Since the initial decline rate at the beginning of the second segment is forced to be equivalent to the decline rate at the end of the first segment, you cannot use the Ctrl key to change the curvature, and hence the b value of the second segment. However, you can still use this functionality on any other secondary segment.

2. For the purpose of maintaining a smooth transition between the two segments, you cannot "click, grab-and-drag" the second segment and tilt your decline.

Line manipulations are initiated by clicking (sometimes while pressing the Ctrl or Shift keys) the line itself, or one of the manipulation points for a given segment (start date, forecast start date, or end date). You can cancel your line manipulation by pressing the Esc key.

Tip:   Any time you see "click", this means to left-click your mouse. Right-click actions are specifically mentioned.

Note:   To customize your decline line, see decline-line customization.


IHS Harmony Enterprise™ 2017.3 | Last revised: October 18, 2017

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