"Based on the analysis of spatial dynamic 4D-models of hydrocarbon systems, the company will forecast risks, calculate project economics and make decisions on new production plans, including drilling," the company's press service told.
Ukrgazvydobuvannya plans to use the new exploration method to assess the oil and gas potential of the Black Sea areas, to search for hydrocarbons in the Carpathian folded belt, and to study the licensed areas in the Dnieper-Donetsk basin.
"Basin modeling is another step towards reducing risks, especially drilling. Thanks to this technology, we will be able to increase the accuracy of risk assessment for both promising facilities and large geological structures in order to increase the resource base and production of Naftogaz," commented on the introduction of the new technology, the director of the division Naftogaz Exploration and Production Olexander Romanyuk.
It is noted that basin analysis and modeling of hydrocarbon systems of sedimentary basins combines seismic, geological, geochemical, and stratigraphic information for dynamic modeling of the evolution of sedimentary basins.
