High Resolution Reservoir Characterization in the Deep Water Gulf of Mexico

L-08 HIGH RESOLUTION RESERVOIR CHARACTERIZATION IN THE DEEP WATER GULF OF MEXICO B. BANKHEAD E. MEANLEY D. JORDAN and G. SCHNERK Introduction 1 As the industry pushes into deeper water for hydrocarbon exploration the importance of High-Resolution Reservoir Characterization (HRRC) has increased dramatically as project costs often exceed $1.5 billion. HRRC encompasses the 3-dimensional quantitative determination of reservoir limits structure volume heterogeneity and reservoir properties through the detailed integration and continued iteration of petrophysics geology geophysics and reservoir engineering. This iterative and integrated approach results in the development of a reservoir simulation model which will yield better forecasts of field