Reservoir Optimization
Understanding reservoir behavior and well performance is critical for successful exploitation of oil and gas assets, maximizing reserves recovery and optimizing production and, most importantly, cash flow. IHS offers a number of powerful tools to achieve these objectives:
Use PETRA to combine the subsurface reservoir description with IHS production and injection data to understand well and reservoir behavior and identify potential infill drilling and recompletion opportunities.
PowerTools combines decline curve analysis, volumetrics, iso-data mapping and economic tools to forecast current and future well performance, estimate reserves, and evaluate the economics of past performance and future projects.
Combine the results of these analytical tools in PETRA and easily create presentation-quality graphics to aid decision making by management and partners, and to generate critical documentation of reserves estimates.