Leverage Oil and Gas Production Software to Optimize Operations
The wealth of data generated throughout the life of a reservoir—initial seismic surveys, geologic and geophysical analysis, well plans, completions, daily and cumulative production data, and many other sources and types of data—have become as vital to profitable operations as the hydrocarbons themselves. Operators who can extract the maximum value from these data using market-leading oil and gas production software tools stand a better chance of optimizing nearly every facet of their operations.
Oil and Gas Production Software:
The Need for Data Integration and Visualization
Individual data sources have inherent value in providing discipline-specific insight into one aspect or dimension of a reservoir or process. Those data acquire greater value when integrated with other relevant data and visualized in a 3D environment to facilitate collaborative analysis by key members of the reservoir team. For many operators, data integration is the biggest hurdle to realizing the maximum value from these data.
Recognizing the need for easy integration of a wide variety of reservoir data, Dynamic Graphics, Inc. has applied its decades of experience in developing oil and gas production software to create CoViz 4D. This software solution provides rapid data integration and a comprehensive environment for visualizing and analyzing information used by oil and gas professionals. It enables reservoir team members to significantly improve their understanding of changing reservoir conditions and make well-informed decisions to optimize operations.
Greater Value from Reservoir Simulations
Reservoir simulations quantify geologic, petrophysical, fluid, and production characteristics. Detailed models, clearly visualized, facilitates a more accurate estimate of reserves and greater confidence in making operational decisions to maximize recovery.
CoViz 4D enables reservoir teams to obtain even greater value from reservoir simulations by combining their models with seismic data, fluid production, well events, microseismic, and other temporal data to provide more detailed insight into the changing response of a reservoir throughout its lifetime. Via integration and visualization of relevant reservoir data, CoViz 4D gives reservoir engineers a more detailed understanding of reservoir conditions and the ability to establish more accurate recovery estimates.
Desired Placement of Wellbore and Laterals
CoViz 4D provides an interactive tool to design wellpaths in context of geologic models and offset wellpaths. Visualizing planned wellpaths in combination with targets, offsets, positional uncertainty ellipsoids, as well as logs, earth models, and reservoir grids gives well planners and geoscientists a more detailed understanding of the subsurface environment. CoViz 4D facilitates the desired placement of wellbores and laterals, helping to minimize drilling costs and geologic risks, and avoid collisions with nearby wells (when run in conjunction with WellArchitect).
Drilling Accuracy and Real-Time Corrections
Through integration and visualization of a wide range of subsurface data, CoVIz 4D helps reduce the uncertainty while drilling. CoViz 4D helps drilling engineers improve drilling accuracy by comparing the drilled path against the original plan in conjunction with the earth model. CoViz 4D can check WITSML servers, automatically accessing drilling data and integrating it visually with the geologic model to show the wellbore and current location of the drill bit. Near real-time visualization of wellbore progress allows reservoir and drilling engineers to proactively identify potential drilling problems, ensure the trajectory remains on-target, and make appropriate corrections, if necessary.
CoViz 4D also provides insight into drill bit performance—rotational speed, vibration, torque, downhole temperature, and mudflow. Monitoring drilling performance in the context of geology helps prevent tool failure and ensure downhole tools operate within design limits.
Production Data Monitoring and Alerts
Evaluating well performance is significantly easier and more insightful when production data is provided in context of actual well location within a reservoir. CoViz 4D provides an immediate understanding of reservoir performance, allowing comparisons of production data among wells. Production data for each well, displayed as color-coded vertical towers, along with the quantitative data, can be viewed and analyzed over time for a portion or an entire field. Tower height changes as production data are updated by the hour, day, week, or time period of your choosing. Visual alerts, based on predetermined threshold values or calculations, appear when thresholds have been reached. CoViz 4D’s ability to depict production data in relation to nearby wells greatly enhances the understanding of overall reservoir performance.
Update Simulation Models
Changing reservoir conditions characterized by geologic models should be reflected in current reservoir simulation models. CoViz 4D allows reservoir engineers to compare reservoir simulation models against changing reservoir conditions using a range of tools, including cross-plots, regression analysis, and multiple statistical methods. Comparing time-series seismic responses against a predicted reservoir simulation model enables reservoir engineers to determine if predictions are consistent with seismic monitor surveys.
The Value of 4D Visualization and Analysis
In addition to integrating and rendering a wide range of reservoir data in 3D, CoViz 4D offers a unique capability that animates time series data, allowing reservoir teams to visualize how their development and operational decisions have affected performance over time. CoViz 4D uses date/timestep data to animate the data. There is no limit on the number of different types of temporal files loaded simultaneously into CoViz 4D. With 4D visualization capabilities, reservoir teams can:
- Examine how reservoir properties change over time using reservoir simulation grids.
- Evaluate geologic changes via seismic acquisitions of the same area over several years.
- Analyze dynamic acoustic or temperature data along a well.
- Track changes in well status—from planning or drilling through abandonment.
- Monitor changing well production data to assess the effectiveness of recovery methods.
Among the selection of oil and gas production software tools available, CoViz 4D is the only software that enables reservoir teams to integrate the widest range of data associated with petroleum assets, visualize the data in a collaborative 3D environment, as well as animate data over time. Through these unique CoViz 4D capabilities, reservoir teams obtain an unprecedented understanding of how their development decisions impact operations over the reservoir’s life.
Accurate and cost-effective well planning is strongly correlated with a detailed and timely understanding of the interrelationship of the various types of data that characterize a particular geospatial volume. The most immediate challenge for petroleum engineers when planning a well is the integration, visualization, and interpretation of the relevant data that characterize subsurface conditions. Well planning software achieves the best results when it utilizes all the relevant data related to a specific hydrocarbon asset to determine the optimal wellpath.
Petroleum engineers have long recognized the value of reservoir simulation software products from companies such as Landmark (Halliburton), Schlumberger, and CMG to model reservoir performance. With volumes of subsurface data and these powerful modeling tools, reservoir engineers create simulations to more closely depict reservoir structural, petrophysical, fluid, and production characteristics. Improved models provide better estimates of reserves and guide economic and operational decisions to maximize recovery.
WellArchitect is an advanced software solution that facilitates integrated well planning and drilling of directional wellpaths, including sidetracking, multilaterals, and re-entry drilling. WellArchitect provides exceptional drilling data analytics software capabilities to give well planners and drilling engineers a detailed understanding of subsurface conditions to plan and drill wells that minimize risk and drilling costs while maximizing reservoir performance.
Data plays a critical role in all phases of the oilfield development process. However, the wealth and variety of data—geological, geophysical, petrophysical, geochemical, reservoir simulations, drilling, well completion, production metrics—acquired or generated present a significant challenge for asset teams: how to obtain the maximum insight from those data.
Every phase of the hydrocarbon asset lifecycle is now thoroughly documented by huge volumes of discipline-specific data. Data integration in the oil and gas industry has never been more important for efficient and economic exploration and extraction. However, obtaining the maximum value from volumes of diverse, discipline-specific datasets requires integration (data fusion) for proper cross-correlation of all information and visualization to accurately develop a complete technical and economic picture of the assets. There is no better solution than Dynamic Graphics, Inc.’s CoViz 4D to address this challenge.
Many operators looking to improve reservoir management carefully analyze the ever-increasing volumes of seismic and borehole data that characterize subsurface conditions. Data generated throughout the life of the reservoir—initial seismic surveys, simulations, well plans, completions, and production data—can provide a digital representation of the evolving reservoir. Operators able to exploit the full potential of these data are well-positioned to improve reservoir management.
CoViz 4D, a data visualization analytics software from Dynamic Graphics Inc., gives oil and gas professionals the ability to easily access and combine models created with reservoir simulation software with other relevant subsurface data. Powerful visualization capabilities enable you to explore data relationships and analyze how reservoirs change over time, allowing your team to develop and refine simulation models that more closely reflect reservoir performance. To learn more about CoViz 4D contact our team.