The 41st Annual IPA is held this year at the Indonesia Stock Exchange Building, Tower II, 20th Floor, Suite 2001, Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia. The focus of the convention this year is to assess the current business structure and practices of Indonesia’s Oil & Gas industry, developing long-term business sustainability through a strategy of increased efficiency and productivity.
The theme for the conference this year is therefore “Accelerating Reform to Re-Attract Investment to Meet the Economic Growth Target” with the upstream Oil and Gas sector being considered as the economic growth engine for Indonesia.
When considering the volumetric uncertainty associated with a prospect or field, the Gross Rock Volume is typically the greatest factor in determining its size, with the velocity model often being the biggest variable.
The functionality of Velit / VelPAK offers ‘best in class’ technology at tackling the problem, enabling you to create a Best Technical Case model and subsequently perform the Monte Carlo Multiple Realisation technique to properly qualify and quantify the depth conversion uncertainty.
By completing a seismic inversion investigation, you will be able to determine a layered model representation of the conventional seismic data and distinguish different formations. InSeis offers you the ability to create such models that are well independent and loosely coupled to a background model, deriving the acoustic impedance data that relate to porosity, permeability and other reservoir properties.
This year will be accompanying S&P Global and their channel Partners PetroPro at the convention and we are available to demonstrate the depth conversion functionality of Velit / VelPAK, or the inversion capabilities of InSeis / Kingdom Seismic Inversion.
If you are attending the conference and depth conversion, including the associated uncertainty, is of keen interest to you, then please contact us to schedule a demonstration our of depth conversion software, our seismic inversion software, or both, on sales@equipoisesoftware.com