|
A comprehensive set of sub-surface and surface modeling facilities support consistent, fit-for-purpose and fit-to-data assessment of risks, resources and full cycle economic value.
Do rapid analysis of simple cases and cases with limited data. Use a richer set of modeling options to capture the relevant risks and uncertainties using all available data when appropriate. You choose how to model; GeoX accommodates your workflow and your data. Templates and defaults speed up the process and expose relevant functionality as needed.
RISK AND RESOURCE ASSESSMENT IN PROSPECTS AND PLAYS
GeoX provides a flexible, robust and comprehensive set of options for modeling volumetric uncertainties at the level of individual segments (targets): - Oil, gas or multiple phase (oil leg and gas cap).
- Depth dependent modeling of area and thickness with explicit representation of contacts and spill points , with both direct depth or indirect column height representation
- Depth dependent modeling of saturation, porosity and Net/Gross.
- Thickness, porosity, saturation, net/gross uncertainty multipliers for rapid definition of uncertainty ranges on key parameters.
- Direct fluid parameters such as formation volume factors, GOR, CGR as well as indirect estimates of fluid parameters as a function of either temperature, pressure and gravity or as a function of reservoir depth
- Volumes charged estimates where contacts are interpreted as seal capacity estimates.
Risk modeling includes: - Customize the number of risk (chance) factors, levels and aggregation rules
- Shared play risking in addition to conditional segment (local) risk
- Both numerical and literal risk estimates
- HC phase risking
- Bayesian risk modification to handle seismic anomaly and CSEM data
A unique, explicit geological modeling framework enables you to handle risk, contact and volumetric relationships in multiple zone and multiple compartment prospects. The GeoX prospect modeling capabilities let you capture the key determinants of prospect chance of success (COS) and success volumes: what segments succeed and contacts in segments that succeed.
Key multi-segment functionality is: - Risk dependencies at the level of individual risk (chance) factors with overlapping risk dependency groups enable you to capture the details of your geological scenarios
- Volume dependency groups to capture correlations between segments
- Conformable beds to model stacked reservoirs
- Leak connections to model shared contacts and fill_and_spill
FULL CYCLE VALUE ASSESSMENT
The GeoX full cycle value modeling capabilities enable modeling staged and contingent exploration and exploitation activites.
The full cycle model can mirror the uncertainties, risks and dependencies captured in your model of the sub-surface. Do rapid analysis of simple opportunities; more complex clusters of opportunities can be analyzed effectively: - Explicit definition of how targets are explored and exploited
- Contingent rules for choosing what to do as you explore and exploit
- Both field-based and well-based modeling of production
- A comprehensive, integrated fiscal regime modeling facility
- A library of documented and tested fiscal models lets you focus on assessing risks and uncertainties
ICON: DECISION TREE AND FORMULA
|
|
