The provision of strategic advice to our clients is a significant portion of Scotia's business. This includes the ability to synthesize large amounts of data concerning a play or basin into a form that may be used for decision-making. Scotia's MASTER, MAGUS and RESWIZ models allow us to rapidly database and manipulate historical production databases, calculate EURs and develop a variety of expressions of this data. These capabilities include:
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- Generation of pool size and field size distributions and sequencing models, as well as fractal distributions to estimate the number and size of remaining undiscovered pools.
- Incorporation of drilling history statistics to generate discovery process models.
- Detailed quantification of reserves growth in established fields and forecasting of future reserves growth patterns. Includes basic economics, risk model and finding cost analysis.
- Subset the data to derive comparative figures from area to area or for individual operators, facilitating competitor analysis.
- Production characterization for analog development and various methods for sweet-spot quantification.
- Automated historical play development mapping and expression of EUR data.
- Development of vintaging curves and the assessment of the impact of technology.
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