OTC: Baker Hughes adds to reservoir consulting services portfolio
May 6, 2011
Baker Hughes has announced it will integrate FaultSeal’s FaultRisk software into its portfolio of reservoir consulting services.
Offshore staff
HOUSTON – Baker Hughes has announced it will integrate FaultSeal’s FaultRisk software into its portfolio of reservoir consulting services.
When the hydrocarbon column is larger than expected, mud weight predictions may be inaccurate. If the hydrocarbon column is smaller than expected, there are issues of formation damage for an accumulation that may be economically marginal. FaultRisk enables users to manage this scenario and its associated risks and costs.
Understanding where hydrocarbons are prior to drilling is vital for safe drilling and cost-effective well planning. During well planning, FaultRisk provides the added benefit of accurate fluid contacts prediction and sound assessment of the uncertainty.
The Baker Hughes reservoir consulting group has worked with FaultRisk software developer FaultSeal for two years.
