London, United Kingdom, 11th Oct 2010 – Exprodat has released version 202 of Exploration Analyst and for the first time geoscientists are able to rely on a single toolkit to create common risk segment (CRS) maps while mapping play fairways.
The release contains major new functionality including support for raster and contour datasets as inputs, the ability to apply weightings to input layers and a data extraction tool that enables integration with third party applications.
With Exploration Analyst version 202, exploration teams will vastly improve their understanding of play risk, enabling them to easily identify the most prospective parts of a play. As well as significantly reducing evaluation cycle times, Exploration Analyst provides critical information for informing prospect risking, acreage ranking and portfolio investment decisions.
Exprodat’s Technical Director, Chris Jepps, said of the recent release; “Exploration Analyst started life as a niche tool for converting descriptive geologic data to risk or probability. By adding major new functionality to version 202 we’ve transformed Exploration Analyst into the complete toolkit for building common risk segment maps.”
“Features we’ve added include a new module that can convert raster and contour-based proxies into CRS layers, and a data extraction tool to help integration with other systems. The latter is actually the first of several workflow-related enhancements that we’ll be adding over the next 12 months. With this release it’s now even easier to create CRS maps and integrate the results with other play and prospect risking tools.”
Exploration Analyst is an ArcGIS Desktop extension for creating CRS maps of basins and play fairways. Multiple input layers such as geological structure, isochore, geochemistry, gross depositional environment or paleogeography can be used as proxies for key play system elements (e.g. source, reservoir and seal) and assigned numeric risk or probability values. These chance of success layers can then be combined mathematically into a CRS (or ‘traffic light’) map.
With Exploration Analyst the user can better understand play extents, spatial risk distributions, identify ‘sweet-spots’ and ultimately develop and refine play and portfolio investment strategies.