FaultRisk Plug-in for DecisionSpace

G

eologic faults can bring both risk and reward in prospect generation and reservoir development. Faults trap oil and gas, but can complicate the number and position of exploratory, appraisal and development wells, leading to higher drilling risks and costs. With the FaultRisk™ Plug-in for DecisionSpace® software, users can better evaluate the probability of finding trapped oil and gas near faults and make informed decisions earlier in the exploration process.

Model faults painlessly.
Reduce geological uncertainties and determine the impact of faulting on hydrocarbon trapping and distribution, quickly and efficiently. The FaultRisk Plug-in for DecisionSpace® software puts sophisticated, yet easy-to-use fault seal modeling tools into the hands of mainstream explorationists. Identify whether or not a trap is present. Estimate petrophysical properties along a fault and assess the probability that the fault is either a barrier or conduit to flow, or whether it is leaking or sealing. Then feed the results directly into volumetric calculations.

Reduce dry hole risks and costs.
The FaultRisk plug-in mitigates the danger of drilling dry holes by rejecting poor prospects earlier in the exploration phase of the asset life cycle. The plug-in calculates seal potential and associated risks, and helps identify smaller accumulations and attic oil and evaluate whether the amounts achieve economic thresholds. With this information, explorationists can position expensive wells in optimal locations.

Minimize reliance on technical experts.
Structural geologists are increasingly occupied with complex projects and unconventional plays. Unlike modeling tools designed for specialists, the FaultRisk plug-in lets generalists perform fault seal modeling. Review fault-dependent leads and prospects efficiently – without extensive knowledge, training or significant input from specialists.

Review leads and evaluate prospects faster.
Companies often perform fault seal analysis in-house using ad hoc spreadsheets – a time consuming and risk-prone process. The FaultRisk plug-in simplifies and accelerates the workflow from initial seismic interpretation through lead generation, prospect evaluation, volumetric calculation, and well planning. Using the plug-in, perform fault seal analysis in a few hours – review leads more quickly, and focus more profitably on prospects.

Get seamless integration.
As a fully integrated part of the DecisionSpace environment, the FaultRisk plug-in can be loaded on demand and shares the same look and feel as other DecisionSpace applications. The plug-in securely reads and writes fault polygons to and from the OpenWorks® database, the industry's most trusted data management solution. Faults stored in the OpenWorks® database are available for volumetric modeling anywhere in the organization.