Results of North Sea pressure study released

Ikon Science/GeoPressure Technology has completed the Viking Graben pressure study and the Roknowledge rock physics studies, which have been designed to enhance exploration success and reduce drilling risks for North Sea operators and acreage holders.

Offshore staff

LONDON -- Ikon Science/GeoPressure Technology has completed the Viking Graben pressure study and the Roknowledge rock physics studies, which have been designed to enhance exploration success and reduce drilling risks for North Sea operators and acreage holders.

The Viking Graben pressure study, comprising over 1,300 wells, examines the distribution and impact of pressure and overpressures on the North Sea Viking Graben petroleum system. This new study complements the existing North Sea Central Graben Pressure Study, the North Sea Central Graben Salinity Database, and the Mid Norway Pressure Study.

Together these studies cover the whole North Sea basin and provide detailed regional understanding of the pressure regime giving a comprehensive and authoritative picture of formation pressure distribution, and its causes, providing valuable calibration and context to in-house pressure interpretations, the company says.

The Roknowledge rock physics study has been created to enable prediction and interpretation of play detection and prospectivity for lithology and fluids based on detailed petrophysical, rock physics and seismic modeling of wells in the Central North Sea UKCS.

The study includes a detailed analysis of 50 key wells in over 38 oil and gas fields across the area. This interpreters' reference tool provides a convenient and interactive source of data for the modern quantitative seismic interpreter, and other geoscientists with interest in rock properties behavior.

Both studies are available immediately as a large format Atlas and in interactive electronic format. The RokDoc System has been recently extended to provide for extensive pressure analysis capabilities and the data for all studies can also be delivered in RokDoc format to allow for further analysis and integration with existing in-house pressure and rock physics interpretations.

"Our clients have told us that they need faster and more sophisticated workflows to evaluate new and existing opportunities in the current energy climate," says Martyn Millwood Hargrave, Ikon's CEO. "Ikon has responded quickly to this demand to create more effective and robust interpretation tools, studies and workflows that will help create more value and reduce uncertainty. Finding oil starts with understanding the rocks and rock properties and is Ikon's core business. These new studies will prove to be of immense value to North Sea players."

11/18/2008

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