Products | Software by Name | LMKR Object Reservoir
Achieving Reliable Reservoir Estimates In Unconventional Plays

LMKR has partnered with Object Reservoir (OR), a cutting-edge technology and services company focused on increasing capital efficiencies and decreasing reserves uncertainties in shale and unconventional reservoirs.

LMKR and OR will work together to close the workflow and data integration gaps among the different geology, geophysics, and engineering disciplines.

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ORKA: Limits™ is a fast, reliable, repeatable tool that experienced engineers can use to calculate not only ultimate recoverable numbers, but justify them based on the physical characteristics of the reservoirs. Because Limits creates a consistent analysis between wells, the results lead to better completion and well density practices and therefore, improve capital utilization, support capital raises, and improve M&A decisions.

• Produces defendable, fully validated, physics based forecasts, (not arbitrary decline curves) using only routinely collected well data, for both individual wells or collections of any and all wells in its internal database.

• Embraces non-uniqueness through the use of Monte Carlo analysis, providing a statistical justification for the specific well and reservoir characteristics used in a model.

• Feasible range analysis embraces the uncertainties in producing fracture area, fracture spacing and reservoir permeability, while supporting collaboration between reservoir engineers and other disciplines. (e.g. petrophysics, geology).

• Easily identifies any ‘outlying’ wells and allows focus to be quickly placed on true performance issues.

• Generates the diagnostic plots required for investigating flow regimes and diagnosing well productivity changes, in seconds.

• Limits drives understanding of the key parameters that influence well performance, including, reservoir rock quality, ‘fracability’ and completion execution.

• Performs non-deterministic Monte Carlo forecasts, which can be translated to equivalent multi-segmented decline curves compatible with most economics packages.
  

The ultimate benefits of using Limits is that it offers a reliable approach to unconventional reserves estimations and supports the optimization of capital efficiencies in drilling and completion of wells.

For Reservoir Engineers specifically, Limits minimizes the uncertainties associated with unconventional gas plays by:

• Basing production analysis and modeling on a proven physics based approach to produce reliable estimates

• Providing a platform for capture of all data and analysis for future comparison/input

• Providing a powerful platform for Asset Team collaboration

For Geologists, Petrophysicists and Geoscientists, Limits offers:

• A simple, quick, reliable hand-off of geological and petrophysical data into reservoir planning

• The platform to ensure Asset Team collaborate to optimize well production and completion and determine reliable reserve estimations

• Dependable reserves estimations improves the reliability, dependability decision making and increase capital efficiency

• Products Overview
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