In today's challenging and high-cost E&P environment, it is more important than ever to consider economics in the earlier stages of field development planning. Traditionally, a few representative production profiles are used for economic analysis. However, these do not comprise the full scope of the changing development and production uncertainties.
To cross this chasm, Petrel™—through integration with Merak planning, risk, and reserve software—enables in-depth studies of subsurface and economic uncertainties that directly impact project feasibility.
Build comprehensive studies
In the Petrel platform, you can build studies around a combination of subsurface, engineering, and economic considerations:
In this, a truly unique and interconnected environment is established between the geoscience, engineering, and economic disciplines. This level of integration promotes synergy between the subsurface and commercial teams by valuing all information for better decisions.
Appraise development decisions across geological and engineering models by incorporating the power of economic analysis tools.
NExT training courses address the unique needs of each learner. Our courses, led by distinguished experts in their fields, equip learners with the skills to address practical situations and resolve real-world challenges.
