By continuous data conditioning of static and dynamic data, ResX dramatically increases your team’s efficiency, freeing up time to explore better options for reservoir management or to perform more analysis to learn about your reservoir. ResX saves time while delivering better insights. When new data becomes available, updates to the models are even faster, making it easy to keep the model up to date with the latest information.
The main driver for building an ensemble of models is to use the ensemble to make many important field development decisions during the lifetime of an asset. Generating forecasts with ResX gives an improved estimation of the spread of key reservoir performance indicators and can help companies make better decisions with an understanding of the risks involved. ResX offers tools to let you run these forecasts.