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After investing into expensive and high-risk exploration surveys, the right solution for oil companies at the early development stage could be the enhancement of the recovery factor from newly drilled wells by planning optimal well patterns, production and injection.

NOVEL offers Integrated Reservoir Management to maximise the oil recovery and save costs in drilling through an improved development strategy. It’s basically NOVEL’s way of combining complementary approaches and techniques such as reservoir characterization, use of complex well architecture, especial core analysis design of recovery processes, reservoir monitoring and AI-based reservoir simulation, and creating a positive synergy between them. 

We use a large amount of well data acquired while drilling the first wells within the field to develop the knowledge of the reservoir, update the reservoir model, reduce the underlying uncertainties, design the most suitable production architecture, ensure the productivity and the injectivity of the wells, target bypassed zones, select the most appropriate recovery process, and hence, increase the overall recovery.

  • More about Earth Remote Sensing
    The theoretical foundation for the uncovering of the interior of the Earth’s crust through multispectral space imagery was developed by Soviet scientists who suggested that different objects reflect different amounts of incoming energy. More studies showed that earth radiation retains a memory of its origin, so information about the deep subsurface processes taking place inside an object is contained in any object's radiant energy. It has been confirmed many times that the temperature state of the rock is determined by the rising endogenous heat flow, the dynamics of the geological environment and the thermal properties of the rock. Satellites take multispectral and hyperspectral images in multiple wavelengths of electromagnetic radiation, where each pixel has complete spectral information. Hence, Earth Remote Sensing data processing requires running a comprehensive analysis of multispectral characteristics including calculations of the effective flux density of spectral and thermal radiation taking into attention block-fault structures, spatial and temporal dynamics and normalized vegetation stress in relation to the deep structure of the geologic environment.
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