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The resource play business involves a number of key decisions: investing time and effort in scouting the play, taking an initial position, expanding our position, doing seismic and pilots, investing in infrastructure and R&D, moving forward with full development, farming out. A common element in all decisions is the need to assess the uncertain performance, durations and costs of exploitation. The suite of GeoX tools enables you to consider the potential returns of both economies of scale and rapid learning. You are able to model the staged set of pilot production and development activities that define the full exploration and exploitation cycle.
- Resource play sweet spot as a prospect with separate segments for adsorbed and free gas
- Both shale gas and CBM (initial version)
- Conditional sequencing of multiple development and production activities
- A rich, expanding set of alternative models for modeling well performance and costs.
- Linear costs structure with fixed and variable cost components in activities
- Full fiscal modelling and a global fiscal library
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