DAKS

Analogs equal experience - the more experienced you are, the more meaningful and creative ideas you can generate and the better decisions you can make. Analogs can be acquired directly or indirectly: a) directly gained analogs are knowledge achieved through firsthand experiences; b) indirectly gained analogs are knowledge learned from books and periodicals or by communicating with others in your field of interest. Most geoscientists and reservoir engineers have full and detailed knowledge of a relatively small number of oil and gas fields. When appraising prospects or new discoveries, devising development plans, assessing reservoir management strategies, or undertaking economic evaluations, oil and gas professionals initially draw on their own specific knowledge and experiences to help guide their decision-making.

The Digital Analogs Knowledge System (DAKS), compiled and developed since the mid-1990's, extends the experience of geoscientists and reservoir engineering professionals by providing detailed field evaluation and reservoir performance analysis reports and comprehensive geologic and reservoir engineering database on more than a thousand of the world's most important fields and reservoirs. It presents a synthesis and distillation of critical data using a rigorous scientific standardization and analysis process which is integrated and analyzed systematically.

DAKS also provides a platform for users to organize and accumulate knowledge on their own prospects, fields and reservoirs. DAKS contains a set of powerful tools for searching, retrieving, characterizing and benchmarking a group of analogous fields and reservoirs based on defined multiple criteria relevant to the solution of problems in exploration, development and production. It's a great tool to aid in E&P decision-making - from beginning a new venture, through exploration, development, and production, to ongoing asset management.