Exploration—Risk Management

Overview Technologies

Software for improved imaging and reduced risk

Exploration success depends on understanding and quantifying the key geological risk elements of source, reservoir, seal, and overburden rock; including maturation, migration, accumulation, and preservation processes. These lithologic and process elements are often interconnected, may be dependent on one another, and may have a relative timing relationship that could determine whether commercial hydrocarbons will have accumulated in a trap or structure.

Data integration in the Petrel software system

These risk elements are best evaluated together using an integrated systems approach, integrating all the appropriate exploration data into a single, easy-to-use environment centered around the Petrel software system.

The Petrel Exploration Geology Module takes the key geological elements of trap, reservoir, charge and seal, and converts them into chance maps through a suite of transform methods. Scenarios are compared to determine play limits and identify areas for high grading to support rapid and relative ranking of opportunities. This enables refinement of geological scenarios combined with chance of success—to deliver probabilistic hydrocarbon volumes for an entire exploration portfolio.

Often, companies prefer to incorporate their own specialized workflows to solve specific problems by deploying software plug-ins. The Ocean software development framework for Petrel enables you to extend these into the comprehensive range of existing Petrel software tools.

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Integration of Imaging and Modeling Reduces Risk

Oil and Gas Exploration Play, Identification and Evaluation
Schlumberger and IPEX have integrated several imaging and modeling technologies to successfully predict oil and gas accumulations offshore Brazil. Read industry article

Modeling Software Improves Prospect Evaluation

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