From Spreadsheet to Corporate Database
A USA based Supermajor was evaluating pore space for carbon storage onshore, with existing CO2 pipelines, with a view to managing the high levels of CO2 being produced by heavy industry in the area. The project evaluations were being carried out with spreadsheets, which were easily available and simple to create, but very quickly became complex and unmanageable.
Oil vs Gas: Probabilistic Phase Prediction
An International E&P Company operating in a tertiary basin where gas is the norm and oil the exception was exploring for oil. In this example, relatively small amounts of oil would be worth developing, compared to the need for a huge gas discovery for the same commercial results.
Global Prospect Sharing
An International E&P Company with varied prospects globally needed access to data on prospects by widespread team members – local exploration team in South America, specialists and reviewers in Europe and HQ decision-makers in the US. Prospect evaluations were being stored in local databases for legal reasons, with no external access by stakeholders.
Is Prospect Risk the same as Well Risk?
An E&P Company operating in the North Sea realised that prospect risk and success volume ranges were not being consistently predicted. This aligned with an overall industry trend wherein calibrating forecasts and results was becoming increasing difficult. Their assessment concluded that in many cases, the chance of success for the entire prospect segment, e.g. a fault block, was being taken as the chance of success for the well targeting that segment. The company was attempting to address this complexity with a tedious spreadsheet-based workaround, disconnected from their standard prospect assessments.
Come see us at the EAGE Annual Conference
Ben, Martin and Pierre will be in Toulouse. We will be at our booth in the start-up zone.
Martin also has one oral presentation every day in the main auditorium.
Tuesday: Probabilistic assessment of a CO₂ storage complex prospect integrating leak and spill (in collaboration with Eliis)
Wednesday: Hydrocarbon phase, column heights and their prediction – Cases from Papua New Guinea and Australia (in collaboration with Top Down Petroleum Systems)
Thursday: Challenges in multi-segment prospect assessment: correlations and risk dependencies (in collaboration with the University of Vienna)
We are also present at the booth of our partners from CVA.
Please come and see us!
Correlations in Ariane
Did you ever wonder about correlations in probabilistic prospect assessment? You can correlate different parameters within one segment (e.g., a fault block) because you believe that there is a relationship between those parameters (e.g., net-to-gross and porosity). You can also correlate the same parameters (e.g., thickness) across segments, because those segments represent the same geological layer.
Get in touch if you would like to discuss intra-segment versus cross-segment correlations!
Welcome Pierre to our team!
We have been looking for a while for the perfect fit, here he is: Pierre Brisart joins ArianeLogiX as a senior software engineer.
Happy New Year 2025!!!
Wishing you a New Year filled with happiness and achievements. We’re excited to continue serving you in 2025!
Risk and Uncertainty for Phase Prediction
APGCE Conference, Kuala Lumpur, 2024 – Martin Neumaier (ArianeLogiX), Lukasz Krawczynski (Top Down Petroleum Systems)
See you at the APGCE conference in Kuala Lumpur
Martin is in KL again, you can meet him at the APGCE conference, talking about risk and uncertainty for phase prediction, co-authored by Lukasz Krawczynski from Top Down Petroleum Systems.