prospector

To calculate risked NPV and EMV for upstream exploration, you evaluate pre-drill volumetrics and apply chance of success (COS) scenarios. This generates risk-adjusted economic outcomes to support defendable Go/No-Go decisions.

Estimating EUR and OOIP requires analyzing reservoir development scenarios and decline curves. Applying SPE-PRMS classification ensures reserve estimation is technically robust and consistent with standard industry practice.

Decline curve analysis integrates with FDP design by forecasting production rates over time, which directly informs the Field Development Plan sequence. This improves decision quality and economic outcomes for the evaluated block.

You can screen IOR/EOR methods by applying pre-drill P10, P50, and P90 volumetrics to reservoir development scenarios. This risk assessment framework evaluates incremental recovery potential across the evaluated play.

You need SPE-PRMS classification for block evaluation when producing board-ready reserves estimation and defendable economic outcomes. It aligns technical requirements for OOIP and EUR calculations with standard industry workflows.

Generating scenario sensitivities for exploration economics involves modeling risked NPV and EMV calculations across varying COS and volumetric inputs. This produces decision frameworks that highlight economic outcomes for Go/No-Go evaluations.