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How to Improve Reservoir Management
with Up-to-Date Data Analysis

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.

The CoViz 4D Data Registry serves as a master catalog of all data types, each maintained by discipline-specific geo-professionals and shared across the reservoir management team.

The Challenges of Accessing Up-to-Date Data

For many teams, these multi-disciplinary data sit isolated on desktops or servers, accessible by and meaningful to only the geologists, geophysicists, and engineers who use discipline-specific software such as Petrel, Landmark, and Openworks. Furthermore, many of these datasets have proprietary formats that prevent the data from easily being shared with other members of the reservoir management team.

Reservoir management can significantly be improved by eliminating the barriers to data sharing and collaboration. By integrating a wide range of geologic, seismic, simulation, well, and production data—and visualizing the data in 3D and 4D—reservoir management teams can explore and analyze evolving reservoir conditions in near-real-time.

Explore and Analyze Evolving Reservoir Conditions
with CoViz 4D

CoViz 4D, an integrated software solution, provides a quantitative visual environment for reservoir management and 4D seismic analysis. Here, we explore five of its unique capabilities that can be used to improve reservoir management.

1. Share Up-to-Date Data via a Data Registry

The challenge of sharing data among the different disciplines is solved with the CoViz 4D Data Registry. The Data Registry allows individual team members to link vetted data and models that they have created into a team-wide accessible Data Registry. Other team members can then easily access these data for use in their analysis.

The Data Registry also organizes data by type, allowing seismic volumes to be grouped—simulations in one category and well logs in another. CoViz 4D's data registry module also reduces the amount of time it takes to search for data, allowing petroleum professionals to focus more time and resources on improving reservoir management.

2. Translate Data Formats for Visualization and Analysis

With relevant data located and cataloged, any member of the reservoir management team can easily access data provided by others—reservoir simulation models from reservoir engineers, seismic models from geophysicists, wellbore data from drilling engineers—and incorporate those data into their analysis. CoViz 4D automatically translates the various datasets into a compatible format for visualization and analysis. With access to a wide range of discipline-specific data via the Data Registry members of the reservoir management can apply CoViz 4D capabilities to:

These examples represent only a small fraction of the nearly limitless types of analyses that can be conducted by reservoir management teams via CoViz 4D, without the need to know where data is stored, or how to run the original software that generated the data. Every member of the team can visualize their data in context of other meaningful reservoir data, leading to faster, better decisions regarding reservoir management.

3. Provide Powerful Analytic Tools to Explore, Query, Filter

Additional insight can be extracted from the wealth of subsurface data with the aid of powerful analytic tools and algorithms. CoViz 4D offers a wide range of integrated, quantitative analysis and statistical functions for comparison of diverse datasets, and supports quick run times, even for very large reservoir models. A small sampling of the capabilities include:

CoViz 4D also provides a Python Developer's Toolkit that supports most CoViz 4D visualization and analysis functions in a batch environment, allowing petroleum professionals to create custom scripts for rapid, optimized analyses.

4. Automatically Incorporate New Data As They Are Generated

Throughout the reservoir lifecycle, updates to existing data and additional volumes of data that characterize subsurface conditions are generated. New seismic surveys, well events, fluid production rates, and numerous other datasets record changes in the reservoir. Up-to-date data reveal evolving subsurface conditions that must be taken into account for any pending decisions.

By way of the CoViz 4D Data Registry, as team members update their datasets (or add new datasets) they become immediately available to other members of the team. Automatic data updates ensure that reservoir management teams use data that reflect current subsurface conditions.

5. Analyze Temporal Data for Greater Understanding

CoViz 4D enables quantitative analysis of temporal seismic data and attributes to help reservoir management teams understand a reservoir's evolution. Temporal seismic and simulation data can be easily compared to provide a detailed understanding of the seismic response over time. Using CoViz 4D time-step algorithmic operations and other visualization tools teams can:

Temporal analysis of seismic data combined with relevant treatment and production data brings a greater understanding of reservoir performance to all members of the management team to facilitate better development decisions.

Data Analysis Is Key to Improved Reservoir Management

Data has become one of the most valuable resources to enable reservoir management teams to maximize return on investment. Data attain their greatest value when combined with all other relevant subsurface data to create a detailed picture of evolving reservoir conditions.

There is no better solution to help management teams maximize the value of their data throughout all phases of a reservoir's lifecycle than CoViz 4D. It provides a new methodology to complete an evolutionary asset analysis more efficiently than traditional techniques.

Data integration, visualization, and analysis capabilities benefit every team member through immediate access to up-to-date data that present reservoir conditions in context. Rapid, integrated, quantitative analysis and comparison of diverse datasets facilitate a mutual understanding of reservoir performance, allowing geologists, geophysicists, and engineers to make well-reasoned decisions 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 all relevant data associated with petroleum assets. Powerful visualization capabilities enable you to explore data relationships, calculate and show inferred data, and analyze how data changes over time, allowing your team to confidently make decisions on the field that positively impact profit and reduce operational risk. To learn more about CoViz 4D contact our team.

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