GeoKnowledge present the 5.7.1 version of the GeoX system for assessment of risks, resources and economic value of exploration opportunities. 

(Oslo, Norway; October 15 2007) GeoX 5.7.1 extends the scope of the system while providing a number of significant enhancements to existing tools. New options in the segment and prospect analysis tools enable you to apply the power of these tools to risk and assess resources targeted by production wells. Subsequent options give a presentation of the new functionality.

Enhancements and extensions:

·         New well and well target analysis option

·         Contact depths from oil and gas column heights

·         Formation factors from temperature, pressure and gravity

·         Gas recovery factor from initial and abandonment pressures

·         Additional intermediate results

·         Success details report

·         Reality check of results

·         Rapid copy of inputs and results

·         New sorting options in trial browser

 

For more information contact your account manager, mail us at sales@geoknowledge.com or contact one of our offices.

For press contacts, please contact Marketing Coordinator Marianne Holmen on +47 22 94 11 25.

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. The 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.