Exprodat Releases New Version of Software for use in Petroleum Exploration Play Fairway Analysis

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Exprodat today announces the release of version 201 of Team-GIS Segment Analyst, a toolkit for building common risk segment maps for use in exploration play fairway analysis. With Team-GIS Segment Analyst petroleum E&P companies can improve their understanding of play risk, reduce technical uncertainty and significantly reduce technical evaluation cycle times. For further information see http://www.exprodat.com/software/TGSA.

Exprodat today announces the release of version 201 of Team-GIS Segment Analyst, a toolkit for building common risk segment maps for use in exploration play fairway analysis. With Team-GIS Segment Analyst petroleum E&P companies can improve their understanding of play risk, reduce technical uncertainty and significantly reduce technical evaluation cycle times. For further information see http://www.exprodat.com/software/TGSA.

Team-GIS Segment Analyst is an ArcGIS extension for creating common risk segment maps of basins and play fairways. Multiple input layers from disparate sources (e.g. depositional environment, paleogeography, etc.) can be used as proxies and rapidly assigned numeric risk values in order to create risk maps for key play system elements such as reservoir, source and seal, which can then be combined into a common risk segment model. With Team-GIS Segment Analyst the user can better understand play extents, spatial risk distributions, identify ‘sweet-spots’ and ultimately develop and refine play investment strategy.

Exprodat’s Technical Director, Chris Jepps, says, “Since its release last year we’ve continued to use client feedback as our driver for enhancing the product. In this version there are a number of usability features designed to shorten the workflows within the tool, as well as new functionality such as being able to calculate ‘combination’ probabilities in order to model the chance of any of a number of factors occurring. In a fairly short time we’ve been able to produce a version of the product that makes it even easier for our customers to create common risk segment maps from geological data.”

Exprodat’s Team-GIS product suite is made up of a number of extensions to ESRI’s ArcGIS Desktop that provide ‘out-of-the-box’ functionality designed specifically for the needs of the petroleum sector. Team-GIS software is data independent and allows E&P companies to integrate vendor data with in-house datasets for use in GIS-based spatial analysis.

ArcGIS is a scalable family of software products comprising a complete geographic information system (GIS) built on industry standards. ArcGIS is used for the creation, management, integration, analysis, display, and dissemination of spatial data. Visualization, editing, and analysis, along with advanced data management, distinguish the ArcGIS software family as the leading GIS software. Much more than a specialized offering for a small niche of specialists, ArcGIS is designed as a scalable system that can be deployed in every organization, from an individual desktop to a globally distributed network of people.

For additional information on Exprodat’s software please contact Jules Cullen or visit http://www.exprodat.com.

About Exprodat:
Exprodat Consulting Ltd. (http://www.exprodat.com) specializes in improving petroleum exploration and production activities within the Oil and Gas sector by creatively applying Geographic Information System (GIS) technologies. Exprodat’s information management and GIS consultancy experience spans the E&P lifecycle. Exprodat’s unique training program focuses on using ESRI’s ArcGIS platform to improve E&P workflows, while Exprodat’s innovative Team-GIS software helps companies make better data driven decisions to reduce technical uncertainly and improve exploration portfolio management.

About ESRI:
Founded in 1969, ESRI (http://www.esri.com) is the world leader in the GIS software industry. ESRI offers innovative solutions that help users create, manage, analyze, and display information to make timely decisions and solve problems they encounter every day. ESRI’s comprehensive product line ranges from desktop GIS to GIS for the enterprise.

Exprodat, Team-GIS, and http://www.exprodat.com are trademarks, registered trademarks, or service marks of Exprodat Consulting Ltd. in the United States and the European Community.

ESRI, ArcView, ArcInfo, ArcEditor, ArcGIS, and http://www.esri.com are trademarks, registered trademarks, or service marks of ESRI in the United States, the European Community, or certain other jurisdictions.

Contact:
Jules Cullen, Sales and Marketing Director
Exprodat Consulting Ltd.
25 Floral Street
London
WC2E 9DS
Tel: +44 (20) 7031 8172
http://www.exprodat.com

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Jules Cullen
Exprodat
020 7031 8172
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