(PRWEB) January 17, 2015
Exprodat, the oil and gas ArcGIS platform specialist, has released a new version of its Unconventionals Analyst, the ArcGIS extension that allows oil and gas companies to estimate reserves and optimise well patterns throughout the life of an unconventional oil and gas development.
Unconventionals Analyst version 221, which supports the latest ArcGIS 10.3 release, includes enhanced support for the Society of Petroleum Evaluation Engineers’ (SPEE) Monograph 3 geostatistical reserves analysis which was designed to determine the undeveloped areas in resource plays that could be considered to have been proved.
The new features mean that users of Unconventionals Analyst v221 can now run multiple iterations of the complex Monograph 3 workflow, easily create proved area polygons, repeat runs using the same anchor wells as a previous calculation and create a final heat map view of overlap areas.
Exprodat’s Technical Director Chris Jepps explains more about how Unconventionals Analyst is used within E&P departments and how the new version will provide further benefits; “Many of our customers use Unconventionals Analyst to dramatically shorten their reserves calculation workflows, so we’re delighted to bolster its reserve management tools with significant enhancements to the Monograph 3 geostatistical workflow.
The new features mean that organisations can run a full multi-iteration Monograph 3 analysis in minutes, rather than weeks. When coupled with its powerful well pattern planning tools it is easy to see why Unconventionals Analyst is emerging as an essential part of the unconventionals development project toolkit.”
Unconventionals Analyst, Exploration Analyst and Data Assistant are a series of ArcGIS extensions developed, supplied and supported by Exprodat for use in the petroleum industry. Users of these tools are able to improve their decision making through better data integration and analysis.
For more information about Unconventionals Analyst visit http://www.exprodat.com/Software/TGUA/ or email software(at)exprodat(dot)com to organise a demonstration.