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Smt kingdomwhatsnew85

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Smt kingdomwhatsnew85

  1. 1. What’s New in What’s New in KINGDOM Version 8.5 SP2 KINGDOM Version 8.5 SP2 KINGDOM version 8.5 Service Pack 2 includes the following new features for KINGDOM Core and KINGDOM Advanced. KINGDOM Advanced Features Introducing EarthPAK Advanced - a comprehensive production economics package that includes the following: - Multi-Layer Volumetrics - Multi-Segment Decline Curve Analysis - Display Bubble Maps of Forecast Production - Economic Analysis KINGDOM Core and Advanced Features KINGDOM now provides a new method for working with SQL Server Express that allows users to work with their projects in the newer database technologies and retain the ease of portability they had with MS Access. - SQL Portability—Auto SSE Option Colored Inversion transforms seismic reflectivity data to relative acoustic impedance data. It enables interpreters to pick true changes in impedance that represent geology that matches well log data, not just picking horizons based on processing reflections. Colored Inversion requires a separate license. - Colored Inversion And Don’t Forget about the KINGDOM Resources on the Web Learn more about KINGDOM through these resources on the SMT Web site: - Training Course Catalog - Getting Started Services - The KINGDOM Newsletter - Technical Webinars KINGDOM 8.5 SP2 1
  2. 2. What’s New in KINGDOM Version 8.5 SP2 KINGDOM Advanced The introduction of EarthPAK Advanced allows you to calculate and analyze volumetric reserves, forecast production profiles, and assess the economic viability of a project. Multi-Layer Volumetrics • Multi-layer volumetrics allows evaluation of multiple reservoirs simultaneously. Figure 1 Structure Definition for Multi-Layer Volumetrics • Below, Monte Carlo simulation analyzes the range of potential reserves based on the uncertainty of the known volumetric components. • Sensitivity analysis shows how variations in a single volumetric component affect the calculation. 2 KINGDOM 8.5 SP2
  3. 3. What’s New in KINGDOM Version 8.5 SP2 Multi-Layer Sensitivity Analysis (cont’d) Figure 2 Monte Carlo and Sensitivity KINGDOM 8.5 SP2 3
  4. 4. Multi-Segment Decline Curve Analysis Multi-Segment Decline Curve Analysis • Multi-segment Decline Curve Analysis allows the incremental effect of a workover or recompletion to be analyzed. • Manual decline curve segments model a proposed program with user-defined production and decline rates. Figure 3 Multi-Segment Decline Curve Analysis with Manual Segments 4 KINGDOM 8.5 SP2
  5. 5. Multi-Segment Decline Curve Analysis Multiple Segment Decline Curve Analysis (cont’d) Multiple wells can be combined into group wells for entity-based analysis. Group wells can be defined by available well subsets. Figure 4 Create Group Wells and Forecast Templates for Decline Curve Analysis • Forecasts can incorporate a combination of rate, volume, and time limits. • Forecast Templates allow forecasts to be run for many wells at a time. KINGDOM 8.5 SP2 5
  6. 6. Display Bubble Maps of Forecast Production Display Bubble Maps of Forecast Production • Post Estimated Volume, Remaining Reserves and Life labels. • Post Estimated Volume and Remaining Reserves bubble maps. Figure 5 Display Bubble Maps of Forecast Production 6 KINGDOM 8.5 SP2
  7. 7. Economic Analysis Economic Analysis • The Economics component performs sophisticated economic analysis linked to production forecasts. • Multiple product streams can be accommodated for analysis. Figure 6 Accommodate Multiple Product Streams for Economic Analysis KINGDOM 8.5 SP2 7
  8. 8. Economic Analysis Economic Analysis (cont’d) Economic Analysis accommodates various categories of Capital and Operating Expenses. For each revenue stream, Revenue, Before Tax Cash Flow, and After Cash Tax Flow are calculated. 8 KINGDOM 8.5 SP2
  9. 9. SQL Portability—Auto SSE Option KINGDOM Core & Advanced SQL Portability—Auto SSE Option Available in KINGDOM Core and KINGDOM Advanced KINGDOM now provides a new method for working with SQL Server Express that allows users to work with their projects in the newer database technologies and retain the ease of portability they had with MS Access. • KINGDOM 8.5 SP2, provides a new automated method for SQL Server Express project portability. • The Auto SQL Server Express option will configure your projects so that you can use the simple Windows Explorer drag and drop file approach that you have always used to move or copy your Access project. • Not another tool! Just a different way of organizing your project. Using the Auto SSE Feature When you create a new project, or convert an existing MS Access project, you will be prompted to choose the type of database you wish to use. Choose the entry for Auto SQL Server Express. Figure 7 Create and Migrate Projects to Auto SSE KINGDOM 8.5 SP2 9
  10. 10. SQL Portability—Auto SSE Option Auto SSE (cont’d) If you have been using our earlier configuration of SSE, you can also easily migrate these projects to the Auto SSE configuration. Figure 8 Change from Manual SSE Configuration to Auto SSE How is Auto SSE Different? • The Auto SSE configuration stores the database files directly in the project directory rather than on your C: drive. • When the first user of a project opens it in KINGDOM, the project databases are automatically attached to SQL. • The project remains attached until the last user of a project closes KINGDOM. • When no users are in the project, you can use simple Windows copy or drag and drop commands to move your project to another computer or a USB drive, just like MS Access. • These projects can be used in any version of KINGDOM later than 8.5 SP1. • For use by older versions of KINGDOM, you may still use the existing SQL Management Tools in KINGDOM to create a backward compatible portable project. • Available in KINGDOM Core and KINGDOM Advanced. 10 KINGDOM 8.5 SP2
  11. 11. Colored Inversion Colored Inversion Colored Inversion transforms seismic reflectivity data to relative acoustic impedance data. It enables interpreters to pick true changes in impedance that represent geology that matches well log data, not just picking horizons based on processing reflections. The software has been designed so that it can be used by any interpreter with seismic data and one or more wells with a velocity log and a TD chart. Colored Inversion is a proven technique that is fast and easy to apply to seismic data, yet produces results that match more sophisticated and compute intensive techniques such as sparse spike inversion. Colored Inversion: • Matches seismic data to well log data within the seismic spectrum. • Produces cleaner data with less noise and signal instability. • Is designed for interpreters—quick, intuitive interface for easy set up and execution interface. • Quickly converts seismic volumes to inversion volumes. • Is fully integrated with KINGDOM interpretation modules. • Provides a cost-effective technique to improve interpretation productivity and accuracy. Figure 9 Colored Inversion Seismic Volumes Colored Inversion seismic volumes represent relative acoustic impedance, matching the seismic phase to the well data. The data is more geologically meaningful, enabling the interpreter to focus on the layers and lateral variations within the layers. KINGDOM 8.5 SP2 11
  12. 12. Colored Inversion Colored Inversion (cont’d) Apply Colored Inversion to seismic data to work with impedance data that matches the well acoustic log data, giving confidence that the picks are made on true changes in rock lithology. The software is designed to be used by interpreters with seismic data and one or more wells with a velocity (and ideally, density) logs. Figure 10 Colored Inversion Applied to Seismic Data 12 KINGDOM 8.5 SP2
  13. 13. Colored Inversion Example of Colored Inversion—Prospect A—Proven Gas Discovery Original Input Data The Colored Inversion data identifies contrasts in relative acoustic impedance not apparent in the original seismic data. Colored Inversion Section Displayed with a color bar designed to isolate low and high impedance values, the gas in “Prospect A” becomes immediately apparent, resulting in a significant gas discovery. KINGDOM 8.5 SP2 13

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