Contributed by Halliburton
Current market conditions, more than ever in the industry’s history, dictate smarter petroleum investments to be made in focused areas in the E&P lifecycle that are required to achieve optimal, technical, operational, and measurable economic success.
These challenges have had the unexpected benefit of forcing the industry to hit the “reset button” to re-evaluate what are the important aspects of their businesses. The conclusion is a demand for proven and leading science that materially helps reduce risk and accurately forecast results. “You’ll find with DecisionSpace® Geosciences 10ep that we have redoubled our customer focus to deliver on the very specific asks and needs of our clients to help them be successful in these new market realities,” says Alex Page, manager of Geology at Landmark, a business line of Halliburton.
Powered by Landmark’s technologies, DecisionSpace Geosciences 10ep is delivered on a single enterprise, multi-user data platform to maximize collaboration and effectiveness of virtual teams while meeting today’s big data performance and user experience needs. This end-to-end suite of geoscience, well planning, and geosteering solutions provides major enhancements for increasing performance, robust science, scalability, and usability. This new release of DecisionSpace Geosciences 10ep includes more than 100 innovations including Automated Fault Interpretation, Natural Fracture Network modeling, and dynamic updatability that allows a new mobile geosteering app to immediately update interpretation, geologic model and well plans simultaneously in real time, which allows 24/7 access for operators to accurately and automatically place wells into the reservoir zone of their choosing.
A major focus of this new DecisionSpace Geosciences 10ep has been big data performance and user experience. “Customers told us that seismic interpreters look at hundreds of seismic views a day and with datasets reaching over one terabyte, that sounded like a challenge only Landmark could solve because of our DecisionSpace platform and robust data management infrastructure” says Annabella Betancourt, Landmark manager of Geophysics. “We worked with an international operator to improve everyday things like seismic display and auto-tracking by tuning our software that increase performance factors by up to 10 times faster. The result helped our customer lower prospect identification time by 80 percent.”
Customers in North American unconventional plays presented Landmark with another unique challenge. “Being able to find the specific data you need in basins with 100s of thousands of wells has become a real problem for the industry and especially those working the unconventionals,” says Page. “We designed an easy to use enterprise wide “Google-like” search capability in DecisionSpace Geosciences 10ep and then tested it on a series of million well projects. So, now geologists can not only work on big projects, but they also can search across their entire database resource and get to work with relevant data immediately.”
As companies have rebalanced their workforces to address the new economic realities we have witnessed a net loss in experienced geosciences. This situation has amplified the need for software to be much more consumable by users of all experience levels. To assist in this area DecisionSpace Geosciences 10ep includes new modern learning capabilities such as dynamic help that follows what you are doing, on demand video based e-Learning, and backward compatibility with DSG 10.0 release so as to minimize costs associated with software uptake and competence as well as upgrade and change.
DecisionSpace Geosciences 10ep workflows are specially designed to assist with optimizing exploration, reservoir, and well construction lifecycle management. Some are brand new; others have been redesigned with this latest release, making them more relevant to the pressing market needs of today. Unique attributes of DecisionSpace Geosciences 10ep include an end-to-end geoscience and drilling workflow to enable teams to interpret, characterize, drill, and develop a single subsurface representation of the asset in one solution.
To learn how DecisionSpace Geosciences 10ep can help you focus on increasing subsurface insights in projects large and small, visit www.landmark.solutions.