Determining the value of 4D: An East Coast Canada example
Described is a method to determine the value of 4D, to determine if a 4D survey is cost competitive against alternate investments. We show how we generated a 4D value model, and how we ran it through the field economic model. By having 4D seismic and drill wells in the same economic language it allows for a more informed capital spend decision.
Authors
- Kimberly L. Morgan (ORCID: https://orcid.org/0000-0001-5548-6958)
- Joseph B. Molyneux
Institutions
- ExxonMobil (Germany) (DE)
Publication Details
- Published
- 2025-02-05
- DOI
- https://doi.org/10.1190/4d-forum2024-026.1
- Primary Topic
- Transportation and Mobility Innovations
- Type
- article
- Field-Weighted Citation Impact
- 0.00