Geoscientists know more than anyone the importance of analyzing seismic data during reservoir exploration. However, seismic datastreams are one component of a larger picture rendering accurate reservoir conditions. This is why the visualization of all subsurface data types in one central system is important for prospect analysis.
Without the capability to efficiently combine subsurface data types to view the big picture, energy companies can miss out on lucrative bids. Unorganized strands of subsurface data can also foster confusion and stymie operational goals. To remedy this issue, data visualization software can be used to integrate subsurface data types so that managers can extract the most important information to make proper decisions that maximize hydrocarbon extraction, especially during unconventional reservoir explorations.
Cohesive Viewing for Unconventional Play Analysis
Unconventional plays can yield substantial gains, but crafting a sound strategy requires careful precision. Production type curves are helpful, but it comes with many variants that need further review. With so many variables at play, analysts need a software package that assembles various subsurface data types into a cohesive viewing system. If looking at seismic data, for example, data visualization software can merge existing data into other datasets that further illustrate unconventional plays.
This type of software is immensely helpful for such unconventional plays as tight oil or shale oil, both of which require specialized strategies before drilling commences. When it comes to tighter formations, data is all the more important, and missing information could lead to improper management decisions that cause missed opportunities.
Leveraging data visualization software to integrate seismic data into a central data fold, helps asset teams determine if a piece of ground holds considerable oil reserves. Analysts can use seismic data as a necessary foundation while data visualization software integrates other subsurface data types into the data core. This form of data integration can be useful in:
- viewing oil leasing opportunities
- assessing proper land reserves
- bidding on attractive hotspots
Asset teams can determine if bidding on a particular project is a worthwhile endeavor while assessing how much input a field will generate. And, quick data will allow energy companies to outbid competitors in a timely fashion. Combing all subsurface data types into data visualization software gives teams a chance to make sense of the data as opposed to bidding recklessly without the full facts on display.
Efficient Risk Management Strategies
Analysts run the risk of missing vital information—integral to the decision-making process—if they fail to merge all subsurface data types that provide a clearer picture of subsurface conditions. If a software doesn’t provide the opportunity to visualize subsurface variables—such as fluid rates, dynamic flow models, and completion locations—in one place, analysts may be tasked with having to extract information from incomplete data.
Matters grow more complicated as data from multiple disciplines must be merged. Not every software package can successfully integrate multidisciplinary data so succinctly and allow team members to comprehend the information. Energy companies risk confusing their employees as they attempt to understand data that are beyond their expertise, contributing to excess communication that wastes productive hours.
Without sufficient data visualization software, operators also risk exposing themselves to unforeseen obstacles during the planning and drilling processes. In a worst-case scenario, engineers could contend with gas kicks or blowouts without cohesive data to rely on. Inaccurate data could lead managers astray and direct them to undesired drilling locations.
The proper solution is data visualization software, like CoViz 4D, that merges multidisciplinary data and provides an accessible interface for all team members to use easily, regardless of discipline. CoViz 4D can benefit a team by:
- allowing teammates to access data of their field of expertise
- providing a better understanding of data from other disciplines
- breaking down data streams in an easy-to-read format
Departments can also boost productivity, with less time spent on analytics and more time devoted to problem-solving. Energy firms can also save money by relying on a single piece of software instead of having to utilize multiple software packages.
CoViz 4D takes into account new data streams and integrates them with current ones, ensuring analysts receive updated information at all times. It also has an impeccable resolution that allows engineers to mitigate risk—helping them course-correct proper drilling strategies, maximize hydrocarbon extraction, and reduce drilling costs. Data visualization through CoViz 4D also fosters a safer working environment, where crew members can operate under transparent conditions on the field.
Visualizing Subsurface Data Types
To effectively analyze subsurface data types, asset teams should utilize CoViz 4D. By establishing seismic data as a core foundation and integrating other subsurface data streams into CoViz 4D, teams can achieve comprehensive visualization. Centralized data will give users more context into reservoir conditions, allowing them to make vital management decisions that affect operations.
To effectively analyze subsurface data types, asset teams should utilize CoViz 4D.
CoViz 4D helps users determine if an unconventional play is worth the time and effort, helping them understand what it takes to extract the necessary assets from tighter reserves. It’s among the best tools that allow users to plan accordingly and establish creative solutions that can extract hard-to-reach hydrocarbons.