Using DAKS™ in Exploration Benchmarking to Establish the Potential of Two Hydrocarbon Plays
This DAKS™ case study uses minimal prior information to place into context the exploration potential for two prospects that lack well information in the Pelotas and Punta del Este basins, offshore Uruguay.
After identifying applicable analogues based on hydrocarbon type, reservoir age, depositional environments, and trapping mechanism, the resulting analogue population can be used to reduce uncertainty and quantify potential of the prospects. Prospect A’s interpretation was found to be on the high side of the analogue distribution since both the productive area and original oil in-place lie below the p10 of those from analogues. However, significant uncertainty exists for Prospect B as currently defined, but analysis of the context of the play and prospect suggests that the appropriate conditions exist to be a viable play.