Unconventional resources such as shale oil and tight gas. Accurate and reliable basin modeling is crucial in reducing risks and costs associated with these types of prospecting activities. By utilizing advanced technologies and techniques, such as geological modeling, seismic interpretation, and reservoir simulation, companies like PETROLQUALITY TOO can optimize their exploration and production strategies, increase the success rate of wells, and maximize the economic potential of these resources.
Challenging due to the unique characteristics of these reservoirs. Residual deposits are found in fields that have already been extensively produced, leaving behind remaining oil and gas that is difficult to extract due to the complex geological structures and reduced reservoir pressure. Low-concentration reservoirs contain oil and gas at low saturations, making it difficult to economically produce these resources. Low-porosity reservoirs have a low capacity to hold fluids, making it challenging to extract hydrocarbons efficiently. Developing these types of reservoirs requires advanced technologies, such as enhanced oil recovery methods, and careful management of the reservoir to maximize recovery factors.
Around 70 percent of PETROLQUALITY TOO's project portfolio consists of challenging reserves that are difficult to recover. These include residual deposits found in depleted fields, as well as reservoirs with low concentration and low porosity. Developing these reserves presents unique challenges due to their characteristics.