Business impact of time-lapse data in deepwater Niger Delta
Shell Nigeria Exploration and Production Company, Nigeria
Data acquisition projects that cost significant sums of money should always be justified based on derived benefits. Time-lapse seismic data requirements need to be driven by the impact of the new data upon the field devel-opment plan (FDP) and integrated reservoir management. This article discusses the business impact of time-lapse seismic data using both a lookahead and a lookback value of information (VOI) analysis in an offshore oil field in Nigeria. © 2011 Society of Exploration Geophysicists.
Acquisition projects; Business impact; Deepwater; Look-ahead; Niger Delta; Nigeria; Time-lapse seismic data; Value of information; Petroleum reservoir evaluation; Reservoir management; Seismic response; Seismic waves; Offshore oil fields