Analyse Play Chance, Resources and Acreage
Exploration Analyst is an extension to Esri’s ArcGIS software for performing petroleum play based exploration (PBE), including play chance (common risk segment) analysis; resource assessment (basin and play statistics, yet-to-find); and block, lease and company ranking (acreage analysis).
Exploration Analyst is designed specifically for oil and gas exploration or new ventures departments, and provides essential PBE tools for the petroleum exploration geoscientist.
Exploration Analyst allows you to apply play based exploration (PBE) workflows to help streamline your exploration process:
- Create gross depositional environment (GDE) maps
- Create play chance (common risk segment) maps to assess play fairway sweet-spots.
- Validate play chance maps against well results using well failure analysis.
- Analyse basin activity over time.
- Analyse basin and play volume statistics.
- Create field / pool size distributions and associated resource statistics (e.g. P10, P50, P90).
- Create creaming curves.
- Estimate yet-to-find (YTF) or undiscovered reserves using Monte-Carlo analysis.
- Assess how data attribute values are statistically distributed.
- Calculate prospect volumetrics.
- Develop and refine play investment strategy.
- Perform multi-criteria block and lease analysis.
- Perform company analyses and develop portfolio investment strategy.
The benefits of using Exploration Analyst are as follows:
- Make better decisions by focusing your exploration at the play level, rather than the prospect level.
- Make better decisions by validating prospect probabilities against the spatial distribution of play chance.
- Make better decisions by validating prospect volumes against play history and maturity.
- Increase efficiency during bid rounds by using multi-criteria analyses that enable you to quickly focus on the best acreage.
Find out more
We will be happy to provide you with further information, arrange a demonstration or set-up a trial.