Using Decision Analysis to Estimate
3-D
Seismic Value -
Minas Field, Sumatra, Indonesia
Kent M. Mangold, Timothy P. Whitacre, and Seffibudianti
Decision Analysis has been used to estimate the value added from a
3-D
seismic survey recorded over Minas field, Central Sumatra. The method involves
comparing the expected values which result from the various decision options,
such as acquiring
3-D
or not. Probabilities must be assigned to the various
branches of the decision tree. These include for example, the expected
reliability of the
3-D
data as well as the subsequent interpretation.
Anticipated drilling results with and without
3-D
are assessed after
reviewing historical data and interviewing experts to obtain 10th, 50th and 90th
percentile results for various scenarios. In this way the expected value, or
cumulative distribution of the expected value of the
3-D
can be computed and
risk can be assessed.
The Minas
3-D
survey is the largest (450 square kilometers) of over 25
development
3-D
surveys recorded by Caltex Pacific Indonesia (GPI) over its
fields in Central Sumatra. This survey was conducted after nearly 50 years of
production from more than 750 wells.
CPI's
3-D
experience has shown that increasing the subsurface resolution
within complex high angle faulted areas results in new drilling locations in
older mature fields such as Minas. Better knowledge of the oil producing
reservoirs can also be used to optimize pattern waterflood locations, horizontal
drilling and other tertiary recovery studies.
AAPG Search and Discover Article #91019©1996 AAPG Convention and Exhibition 19-22 May 1996, San Diego, California