Oil and gas exploration and exploitation require a large number of economic resources in onshore and offshore environments, albeit offshore environment requires more resources than onshore. Field Development and Prospectivity Studies have the main objective of maximizing the revenue from a given investment.
Scenarios with the greatest median (P50), Net Present Value (NPV) and lowest spread between P10 and P90 NPV are usually selected. Economical evaluation is complicated because there are so many variables to be considered in the study and decision-making process.
We understand that in the exploitation of a hydrocarbon field, the process of identifying the concepts technically feasible and associated to the best economic performance is a critical success factor.
In today’s Exploration and Production identifying viable assets has become very challenging hence the need for very experienced teams and advanced technologies available in the industry to make informed economically viable decisions.
Our team in conjunction with our technical partners, provides this service efficiently and cost effectively to our esteemed clients.
Our area of studies includes
- 3D/4D Seismic Data Acquisition, Interpretation, PSTM/PSDM Processing and Reprocessing
- Biostratigraphy studies
- Exploration and prospect Maturation
- Integrated Reservoir studies
- Static & Dynamic Reservoir Modelling
- FDP & Execution
- Provision of Wellsite Geologist
- Pore Pressure Analysis
- Drill queue generation
- Fault seal analysis
- Asset Acquisition, Review and Management
- Rock Physics
- AVO Inversion
- Environmental Impact Assessment
- Geo Mechanics
- Risk Assessment and Optimization
Seismic Acquisition & Supervision
Our team of seismic experts have a combined experience of over 100 years of seismic design, acquisition and supervision. Combined, our team has seismic experience spanning all the continents. Of the world. Our expertise includes; Land and Swamp seismic Transition Zone seismic Towed streamer Seismic 4D Seismic 4C – Four Component Ocean bottom Seismic Ocean Bottom Cable (OBC) seismic.
Seismic Data Interpretation
Our state-of-the-art interpretation tools offer a new way to detect and characterize fractures and other small reservoir heterogeneities. The Geomage Multi Focusing Diffraction Imaging comprehensively describes these diffractions. We use calibrated borehole data to identify and interpret the geological horizons that are of significance to the hydrocarbon system. The major faulting system are also interpreted.
Seismic Data Processing and Re-Processing
At Gove Energy, our goal is to deliver high quality seismic data to our clients ready for quantitative interpretation. To achieve this goal, we are in partnership with Geomage, a leading provider of innovative and cutting-edge solutions to the Oil and Gas industry. Our robust algorithms are tailored to meet the most subtle challenges in 2D/3D/4D seismic data processing.
The Geomage Multi Focusing imaging is a very efficient and robust tool in tackling wide range of geophysical/geological conditions listed below.
- Data Pre-Conditioning
- Noise Attenuation
- DE ghosting and DE signature
- Multiple Suppression
- Data Interpolation and Regularization
- Structural Seismic Imaging