Next-shot@Geomodeling - Because Geology Matters Revenue

About Next-shot@Geomodeling - Because Geology Matters

Our unique Constrained Geological Forward Stratigraphy Modeling (C-FSM) method improves the model's geological and engineering aspects while simplifying the user workflow and significantly reducing modeling time. Today, subsurface modeling is often too optimistic, too complex, and takes too much time. Geology is the most critical element of the model, and it needs to be better represented. The current workflow underestimates lateral and vertical heterogeneity and thin shale barriers, overestimating overall permeability. Our method, increasing the model uncertainty range, will help exploration and production teams make more informed decisions on any subsurface projects (traditional oil and gas, geothermal energy, or subsurface CO2 storage). Our new method models depositions using process-based methods constrained by wells, seismic, and production data without the complex parameters of the traditional FSM method. 1️⃣ The first benefit of the method is more lateral and vertical variation of facies distribution away from the wells. 2️⃣The second benefit is the generation of the geological and simulation grid, honoring computed layers fitting to the well’s intervals, while respecting flow simulator requirements on grid geometry. 3️⃣ Simple to use. No complex parameters or variogram per facies/rock type. The method parameters are lateral dimensions of rivers, lobes, etc. 4️⃣ Our method simplifies the traditional workflow by matching the conceptual model instead of only relying on variogram-based methods. 5️⃣ Our method integrates easily inside the traditional workflow and provides granulometry trend information to simulate petrophysical properties. If you have any questions, don't hesitate to contact us on LinkedIn.

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