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Oil & Gas

Reservoir Characterization

Unravel the complexities of your reservoir.

Discovering, defining and exploiting a reservoir bring numerous challenges, including workflow bottlenecks that can increase both inefficiency and cost. Too often, the technological tools that should ameliorate such problems are so complex that they either slow the process or go un-used. The absence of integrated data management, exploration, exploitation and production tools and user environments impact an operator's ability to efficiently estimate, classify and recover reserves.

Our tools and information help geologists, geophysicists, engineers and executives make strategic decisions to achieve the highest return while mitigating risk and sharpening competitive edge. Speed the process from data discovery through geological and geophysical interpretation and analysis while making sure your multidisciplinary teams are in collaboration. Trusted by oil and gas companies that include small start-ups, large players and NOCs around the world, IHS Markit software, data, analysis, reports and consulting can help you:
  • Deliver high-end science to every desktop
  • Streamline E&P workflows and reduce cycle time
  • Analyze and interpret subsurface data
  • Work offsite or in a networked environment
  • Improve asset team collaboration
  • Efficiently manage data
Challenge Solution
Project collaboration Improve asset team collaboration by providing a workspace that serves multidisciplinary users.
IHS Markit data connectivity Reduce data-gathering time and effort with tools that seamlessly integrate data from multiple sources.
Knowledge transfer Reduce resource transition due to technology changes with intuitive solutions.
Data management Provide accurate and known data into the workflow.
Workflow efficiency Locate prospects faster with an integrated solution rather than having multiple tools that can't communicate.

Case Study

Staying in the Zone
Challenge

The customer's situation called for reaching reserves through horizontal wells. Because horizontal drilling can cost three times as much as traditional vertical drilling, it was critical to accurately target the reservoir.

Solution

IHS Markit tailored a solution around Dynamic Depth Conversion (DDC) from Kingdom by IHS Markit to enable the customer to build and maintain a virtual velocity model and automatically convert seismic results from time to depth. This helped on-site engineers and geologists guide drilling for optimal placement of the well. Any necessary geosteering adjustments were then guided by ongoing, real-time data acquisition in the field, which incorporated stacking velocities to help quickly generate accurate reservoir models. This was completed in minutes instead of hours.

Result

By integrating seismic information with well data, engineers and geophysicists were able to coordinate their activities more quickly and efficiently. The corrections made on-site by tracking actual drilling results against seismic data enabled the client to continually refine the plan—a highly effective way of finding the zone and staying there.

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