Join GeoKnowledge at the HEES 2003
Join us at the 20th annual Society of Petroleum Engineers (SPE) Hydrocarbon Economics and Evaluation Symposium (HEES) in Dallas, Texas April 6-8, 2003. Stop by Booth #13 and learn how GeoX, GeoKnowledge's software suite of tools for doing Risk, Resource, and Value (RRV) assessments can help your company evaluate your exploration ventures. You will also be able to preview our next release of GeoX and our new GeoX portfolio management tool.
Booth presentations
GeoX -The Risk, Resource, and Value (RRV) solution - See how GeoKnowledge can provide a scaleable solution that grows in terms of your company's needs and requirements. Use GeoX to create a smooth workflow from estimating risked reserves to computing the after-tax NPV for projects in line with your company's strategic goals and "best practices".
Multiple scenarios - Scenario analysis helps you consider the full range of risks and uncertainties for your exploration projects. The GeoX gScenario tool has been significantly enhanced with new facilities for synthesis and reporting of multiple scenario analyses.
Portfolio management with gPortfolioV - This new GeoX tool for portfolio assessment supports making decisions on a portfolio of exploration projects in order to achieve corporate goals by balancing risks, exploiting synergies and creating the basis for future business growth. You can rapidly evaluate alternative collections of databased projects that have been consistently assessed for resource, risk and economic value. A powerful, yet easy to use stochastic simulation engine produces estimates of how the portfolio performs in terms of both risks and returns relative to constraints, requirements and multiple measures of performance.
Direct Fluid Indicator (DFI) risking - Risking prospects with the presence of seismic indicators can be a challenging process. Seismic anomaly indicators can reduce the prospect risk. However, non-success conditions other than hydrocarbons can also produce these indicators . Find out how GeoX can be used to risk prospects by taking into account all possible outcomes, avoiding any success case biasing.
GeoKnowledge(www.geoknowledge.com) is a vendor of leading-edge decision support solutions for the upstream oil & gas industry.
Established in 1985, our objective is to assist petroleum companies, governments and industry suppliers worldwide in evaluating risks, resources and economic value in exploration and development projects. Our evolving family of GeoX exploration workbench products use object-oriented technology, relational databases, client/server solutions and knowledge-based technology. A common design principle has been a commitment to the use of industry standard technological building blocks. Through continuous investment in new product development and active partnerships we both leverage industry expertise and support the deployment of complete decision support solutions.