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GeoX opportunity assessor
GeoX value and scenario assessment

GeoX value and scenario assessment

Scalable decision support for risk, resource, and economic evaluation of exploration projects and portfolios

Omega geophysical data processing software
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Overview

GeoX? value and scenario assessment offers powerful capabilities to support your key exploration decisions. It provides a consistent, unbiased, and accurate assessment of at-risk resource potential—from single prospects to regional play fairways.

 

Geox software play and prospect assessment

Yet-to-find potential ranked by size.


Applications

The full range of assessment situations can be modeled to reflect the decision timeline, project maturity, and data availability. Fully probabilistic capabilities provide a rich set of modeling alternatives with multiple alternative depth-dependent representations of volumetrics, advanced fluid modeling, saturation height functions, dual-porosity systems, and the effects of charge uncertainty.

Benefits

Risk models can be customized within basic shared play and conditional local risk frameworks, which can be applied to oil, gas, or multiple-phase targets as well as shale gas, shale oil, and coalbed methane opportunities.

Probabilistic assessment of resources in a multisegment prospect.

Probabilistic assessment of resources in a multisegment prospect.

Features

GeoX assessor provides a robust set of functions to assess play- and prospect-level chance of success. It also provides success case resources given different levels of risk dependencies and volume correlations between segments in the prospect:

  • Stage gate exploration decision process.
  • Rapid evaluation of leads and prospects.
  • Consistent and complete stochastic evaluation of exploration opportunities.
  • Common platform for conventional and unconventional resources.
  • Robust handling of multiple target opportunities.
  • Fluid communication scenarios.
  • Bayesian risk modification for seismic anomalies.
  • Risk and volume dependency in prospects and plays.
  • Yet-to-find resources based on assessed and postulated prospects.
  • Systematic learning through pre- and postdrill performance tracking.
Training

address the unique need of each learner, our courses, delivered by world-class experts, teach learners how to deal with real-life scenarios and solve genuine problems.

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GeoX opportunity assessor

Scalable decision support for risk, resource, and economic evaluation of exploration projects and portfolios

Scalable decision support for risk, resource, and economic evaluation of exploration projects and portfolios.

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