|In order to present informed reserve estimates, one needs reliable production forecasts. These can only be obtained if they are based on accurate static and dynamic descriptions of the reservoir. This, in turn, is dependent on the joint efforts and knowledge of reservoir geologists who construct the geological model, and of reservoir engineers who perform the flow simulation of that model.|
|Until now, these two processes have been completely separate – once the geological model left its environment for the engineer’s desktop, it never returned. The Paradigm® Reservoir Engineering product suite, powered by SKUA® and the patented UVT Transform® technology, bridges that gap by providing a collaborative modeling environment which enables geologists and reservoir engineers to understand, quantify and document the impact of reservoir geology on production forecasts. It allows geoscientists and reservoir engineers to efficiently construct different reservoir models and identify those that match historical data, and to optimize field development, while yielding geologically sound production forecasts.