GeoX can support a broad range of alternative risk models. Customized in terms of both the number of risk (chance) factors, their labels within a framework that enables you to distinguish between shared play risks and conditional segment risks.
In addition, the system offers a number of customization features and functions:
- Multiple level risk factors with aggregation based on mininimum, maximum or multiplication
- Literal (as an alternative to the standard numerical) risk estimates
- HC phase risking
- DFI (direct fluids indicator) Bayesian Risk Modification
- PMF (physical manifestation of failure) modelling for definition of geological consequence of when a risk factor fails for segments enrolled in prospects
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