GeoKnowledge has released a new version of GeoX, its decicion support suite for the upstream. GeoX Release 5.0 introduces enhanced data browsing and reporting, greater modeling flexibility, a greater range of probability distributions and a new distribution editor option, better security and a new ‘point and click’ fiscal regime modeling option.
GeoKnowledge claims that current prospect integration focuses on the interpretation environment. Users have to rely on a separate tool for economic evaluations leading to data loss and simplified assumptions in hand-offs. The GeoX suite by contrast, provides a complete decision-support solution. Analyses and documentation are stored in a common database facilitating knowledge capture across projects, disciplines and analysis tools. The GeoX family comprises gProspectR for prospect evaluation, gFullCycle for economic modeling and gPlayR for stochastic volumetrics. More from www.geoknowledge.com.
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