Quantifying the Value of Information – Neuquen Development

VOI-OilVoice

Click here to continue reading this article on the Value of Information that we co-authored with Palantir and which was published in OilVoice on the 1st of September. Palantir used their economic modeling and asset optimization software to determine the economics of Vaca Muerta shale development under four different scenarios, in which the quantity and quality of subsurface G&G information varied.

The conclusion: investing $1,000 per sqkm to acquire and interpret multi-physics data in an attempt to highgrade acreage and identify sweet spots has a 10x ROI and roughly doubles the resource additions from the 30 well program.

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