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Transferring E & P Risk Assessment Expertise

Instruction • Software Tools • Practical Consultation

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Toolbox
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Our utility package is designed to help you better characterize and understand your opportunities with various tools to aid in systematic Risk Analysis. Simultaneously explore up to five groups of analog data to characterize field size distributions and other relevant data contributing to resource modeling.

Tools Included in Toolbox:

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    Enhanced Plotting. Plots up to five (5) groups of 10,000 data points each, including labels, in log-probit, linear-probit, frequency, and cumulative frequency coordinate systems.
      • Choose from a wide array of curve-fit options including lognormal, normal, beta and polynomial distributions.
      • Apply minimum and maximum clipping limits to curve-fits to better replicate unconventional data for subsequent modeling.
      • Simulate quick plots of curve-fits to show histogram, log-probit, cumulative probability and reverse cumulative probability graphs.
      • Investigate specific analog values and curve-fits via mouse-over function.
      • Calculate curve-fit quality statistics to help identify best curve-fits to match analog datasets.
      • Export curve-fit percentile values to MMRA v4-3.
      • Build creaming curves to show changes in cumulative discovery growth rates over time.
  • Distribution Parameters. Defines any lognormal distribution from any two parameters.
  • Units Conversion. Provides a comprehensive list of common oilfield conversion factors as well as a conversion between SI and Imperial reserves units.
  • Value of Information. Calculates the expected value of acquiring additional data and compares that to the base-line expected value of moving forward without that data.
  • Geometric Correction. Estimates the geometric correction factor for a gross reservoir interval for determination of the average net pay over a prospect area.
    • FVF Oil, GEF Gas, and Raw Gas Shrinkage Calculation. Calculates the formation volume factor for oil reservoirs and gas expansion factor for gas reservoirs based upon estimates of reservoir conditions and fluid composition.  Estimate the shrinkage of raw gas to sales gas due to the formation of condensate.




      Save money on Toolbox when you purchase the Prospect Risk Analysis Suite. The suite includes our most popular software tools and Toolbox, Multi-Method Risk Analysis (MMRA), and Multi-Zone Master (MZM) for one low license price.

      Contact us today to learn more about these valuable this software tool is and how it will become an important part of your risk assessment projections. Or, request a Trial Evaluation Package to see for yourself how easy it is to get sophisticated risk analysis results.