Solution cases

"Solution Cases" illustrate how to use GeoX in analysing important exploration decision situations. The cases rely on non-confidential data (sometimes synthetic data), but we think they provide a good basis for getting ideas on how to use GeoX.

Published cases:

• Assessing the risk and volume implications of a seismic anomaly A seismic anomaly defines a volume; if the seismic anomaly is not a DHI (Direct Hydrocarbon Indicator), then the prospect is more risky, but might be larger. Click here for the case (in .pdf)

Cases in progress:

• Concession evaluation
• Play economics
• Rapid risk and resource assessment
• Using the MER (Minimum Economic Resources) to benchmark full cycle value assessments
• Modeling a Production Sharing Agreement

Selected Papers & Presentations

'Integrated Risk, Resource and Economic Value Assesment: On the Potential Importance of Requisite Modelling', Charles Stabell, Petex 2004. [extended abstract]

'Knowing what you don't know? Discourses and Contradictions in Knowledge Management Research', Ulrike Schultze & Charles Stabell, Journal of Management Studies, June 2004.

'Requisite Modeling for Prospect Risk and Prospectivity Assessment? Not too Simple and not too Complex', Charles Stabell, AAPG Barcelona 2003 Presentation.

'New Models for Value Creation and Competitive Advantage in the Petroleum Industry', Charles Stabell, Norwegian School of Management (BI).[abstract]

Misc Articles

'Cool and calculated - estimating undiscovered petroleum', Norwegian Petroleum Directorate, first published in The Norwegian Petroleum Diary no 2 2003. Probability computations, statistics and thousands of calculations are needed when the NPD estimates how much oil and gas remains to be found on the Norwegian continental shelf.