Use Big Loop to Break Through Uncertainties and Design an Optimal Field Development Plan

This presentation outlines the benefits of Big Loop™, an automation and integration solution designed to support strategic field management decisions. We present an integrated reservoir modeling case study. We will follow these steps: workflow automation, assisted history match, risk assessment and finally design not only a good enough, but an optimal field development plan, given all the information available.
The solution has been implemented for several fields and benefits have been quantified: reduced costs and increased production. Looking back, asset teams using Big Loop have leveraged its technology capabilities to change their approach to reservoir modeling and adopt new collaboration behaviors that result in increased productivity.