OIS Reserves
OIS Reserves
as the key Integrate cycles of geological and economic modeling Identify, select and evaluate petroleum traps matured for exploration
drilling
to company’s
Geological modeling: evaluate probability of exploration success,
estimate reserves for each exploration target Control availability of reserves for production, take timely measures to
revise reserves
Economic modeling: take account of macroeconomic indicators,
continuous
tax regulations and incentives affecting the cost of the intended Plan and monitor actions taken to estimate resources and reserves
asset
development ANALYSIS
PREDICTION
with OIS Reserves Build registry of the prospects to be included into your exploration
Predict hydrocarbon reserves for exploration targets
Store and compare multiple independent estimation results for better
portfolio quality prediction
Each modern upstream company recognizes that its Perform spatial location analysis of major petroleum
hydrocarbon reserve base needs systematic science-based accumulations and appraisal objects
management. Analyze distribution of production, reserves, and resources
across various stratigraphic units and company’s subsidiaries DATA CONTROL
OIS Reserves solution enables you to:
Assess the potential of assets the company is bidding Analysis and control data accuracy through the whole cycle
for
MONITORING Display verified, checked and controlled indicators as ranges of possible
Select company’s optimum share in joint projects values
Optimize allocation of exploration budgets as part of
petroleum project portfolio management Monitor prediction quality for each target based on reserves
estimation, probability of success, and comparison against actual
Explore for hydrocarbons more efficiently using reliable drilling results
standardized methods COLLABORATION
Monitor tax exempt criteria under the current tax legislation.
Analyze and assess company’s resource base in a single Identify optimum qualifying conditions
information environment Collaborative environment for multi-disciplinary teams involved in exploration
targets appraisal and reserves monitoring.
Unbiased professional assessment of exploration targets’
commercial potential combined with reliable estimation of
reserves is the key to increasing capitalization.
50% 70-80% Coordinating reserves and resources management from a single control
center
teamwork human facto Making better commercial decisions based on efficient science-based
productivity related errors methods
CUSTOMER: increase reduction
Implementing various risk analysis techniques based on statistics and
probabilities
Optimizing opportunity costs for company’s exploration portfolio
Improved exploration efficiency combined with new
exploration technologies Performing immediate geotechnical and economic assessment of
exploration targets and petroleum deposits
Better quality of petroleum traps portfolio resulting Applying standardized risk analysis techniques
in additional profit for the company
Simplifying decision making related to reserves and resources estimation
Optimized capital allocation and ability to avoid investing Creating a real collaborative environment for mixed-level multi-disciplinary
in marginal fields teams transparent for each team member