Case Study: Neptune Energy achieves faster, more reliable uncertainty management in depth conversion with Geovariances' Conversions & Uncertainties Workflow

Conversion & Uncertainties Workflow an Operational Tool for Managing Uncertainties in Depth Conversion

Neptune Energy worked with Geovariances to improve how it assessed uncertainty in depth conversion for prospect evaluation. The company needed a faster, more reliable way to better quantify uncertainty in key inputs such as seismic picks, velocities, depths, spill points, and fault positioning, after noticing a tendency to overestimate in-place volumes and underestimate probability of success.

Geovariances delivered the “Conversions and Uncertainties” workflow, developed through the uncerTZ R&D project and now integrated into Isatis.neo Petroleum Edition. The solution gave Neptune Energy an operational, flexible, and easy-to-use workflow that can be adjusted without rerunning everything, saving significant time and enabling more robust, comparable volumetric estimates with improved uncertainty management.

Neptune Energy

Nicolas Nosjean

Project Manager Senior Geoscientist