Reservoir Evaluation and Exploration

Reservoir Evaluation and Exploration

We integrate geology, geophysics, and reservoir engineering to provide a clear and accurate view of the subsurface, enabling our clients to make investment decisions with a high degree of confidence.

Maximizing the Potential of your Assets

The correct evaluation of reservoirs and effective exploration are the basis for the success of any E&P project. At TEXVEN, we integrate geology, geophysics, and reservoir engineering to provide a clear and accurate view of the subsurface, enabling our clients to make investment decisions with a high degree of confidence.

Methodology and Approach

Our multidisciplinary approach ensures that all data is analyzed in context, resulting in robust and reliable reservoir models. We use state-of-the-art software and proven methodologies to characterize the structure, rock and fluid properties, and hydrocarbon potential.

  • Geological and Geophysical (G&G) Analysis: 2D/3D seismic interpretation, facies analysis, petrophysics, and structural modeling to define the reservoir framework.
  • Reservoir Modeling:
    • Integrated Reservoir Studies (Dynamic Modeling and/or Conventional Methods) under a Multidisciplinary Approach.
    • Numerical simulation (Dynamic Modeling - Oil and/or Gas Reservoirs), integrating information from Geophysics, Geology, Sedimentology, Petrophysics/Geostatistics and the use of AI to optimize the timing and quality of historical adjustment.
    • Reservoir Fluids Characterization: PVTi, PVTSim, Desktop PVT as required for any commercial numerical simulator: ECLIPSE, INTERSECT, GMC Family of Simulators, etc.
    • Well test Analysis (Conventional & Modeling)
    • Unconventional Resources
    • Identification of reservoir candidates for additional (improved) and/or enhanced oil recovery (IOR/EOR).
    • Carbon Capture & Storage (CCS) & CCUS
    • Definition or assessment of exploitation policies, Field Development Plan (FDP), Oil and Gas Reserve Estimates, and Classification of reserves – SEC regulations.
    • Fluids and Rock/Fluids characterization (conventional and modeling)
    • Well Test Analysis (conventional and modeling)
    • Reservoir Management and Development Strategies
  • Static Reservoir Modeling: Construction of 3D models that integrate all G&G data to quantify the in-situ hydrocarbon volume (OOIP/OGIP).
  • Reserves Estimation: We apply deterministic and probabilistic methods following industry standards (PRMS) for a certifiable reserves estimation.
  • Uncertainty and Risk Analysis: We identify and quantify key uncertainties to assess project risk and define mitigation plans.

Applied Technology

We rely on an advanced technology ecosystem for data analysis, including industry-leading modeling platforms and 3D visualization tools that facilitate the understanding of complex geological systems.

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