Analogs equal experience.
Analogs help calibrate uncertainty; they provide confidence for interpretations; they can be used to refine inputs to reservoir models, benchmark reservoir performance and identify best practices for reservoir enhancement.
The more experience you hold, the better decisions you can make when addressing a new challenge. Global analogs form a critical part of the technical workflows that guide investment decisions across the exploration, development and production lifecycle.
The challenge however is finding applicable global reservoir analogs. DAKS IQ makes the search for, and selection of applicable global reservoir analogs, more efficient and less time-consuming, and the analysis tools in DAKS IQ help drive insight. And with our new Frequency Search option, identifying applicable global reservoir analogs is now easier than ever before.
We first introduced the Digital Analogs Knowledge System (DAKS™) over 20 years ago. DAKS IQ is the latest release and has been completely redesigned with a focus on improving the user experience, accelerating the synthesis and delivery of content, and providing new tools to capture and analyze knowledge.
Finding applicable analogs can help you answer a number of questions, such as:
- What is the average porosity for reservoirs of similar depths?
- What development options are used in similar fields?
- What EOR technique is most beneficial for my development?
- What is the likely recovery factor for my field?
- How do I support my reserve estimations with analogs?
- How can I produce a better production profile for my recent discovery?
With a new, more flexible, set of modules and options, you can decide how you want to use DAKS IQ: from searching for analogs and reading reports; to analyzing global trends, to benchmarking your reservoir performance against global analogs to determine how they are really performing; to systematically classifying and preserving your reservoir knowledge in a single system. With DAKS IQ, you have the functionality and flexibility you require.
Access to analog knowledge in DAKS IQ is just the beginning, and with the Foundation Module, that’s exactly what you get. Find applicable global reservoir analogs, learn about best practices and benefit from the lessons learned by others. We continue to deliver knowledge, more often, through reports and database updates and we welcome requests to document specific reservoirs of interest.
Building on Foundation, the Analysis Module makes locating and analyzing applicable analogs quick and efficient. All global analog data is accessible in the DAKS IQ search and analytical tools. Derive insight, test opportunities, benchmark your assets and improve decision making, based on the learnings from others.
As well as maximizing the value of the DAKS IQ global analogs, you should do the same with your proprietary fields. Making your proprietary knowledge readily accessible in DAKS IQ enables you to maximize their value across your organization. The Knowledge Capture Module gives you the power to systematically classify and preserve knowledge on your fields and reservoirs.