Reservoir Driven Production Risk Management

Reservoir Driven Production Risk Management (RD PRM) is a new combined software and services offering now available through a partnership between Dassault Systèmes and Paradigm. RD PRM helps customers understand how their reservoir changes over time by integrating advanced rock, fluid and stress characterization. RD PRM is a joint solution delivered in partnership with Dassault Systèmes. The initial offering will focus on the following key challenges: Optimize Completion Strategies in Unconventionals: With falling rig counts and a growing backlog of drilled, but not yet completed wells (DUC) in shale plays, operators are increasingly focused on identifying the best strategies for refracking existing wells or building more optimal fracking strategies for DUCs. The offering will help operators identify these strategies as part of their completion plans. Anticipate Fault-Reactivation: Producing hydrocarbons from highly stressed faulted reservoirs either through primary depletion or enhanced recovery production can result in unanticipated fault reactivation, leading to potential material impacts, loss of production and possibly the reservoir itself. By integrating a high fidelity geological model with state-of-the-art geomechanical simulation, customers can optimally manage their reservoir and control production risks. Additional industries, such as mining, geothermal, urban planning and defense, may also benefit from this solution at a later stage.