Anticipation: the priority of oil companies
In order to control the costs of field exploration, oil companies must predict:
- the quality of the reservoir,
- the volume of hydrocarbons it contains,
- the characteristics of these hydrocarbon traps,
- any structural issues,
- any parameters that could be used to reduce the costs of exploration.
In response to industrial demand, IFP is developing powerful numerical simulation tools to evaluate the functioning of oil systems.
Understanding and evaluating oil systems
IFP leverages the expertise it has obtained through fieldwork around the world to:
- develop compositional geochemical models to analyse the quality and quantity of hydrocarbons,
- create basin modelling software that includes a quantification of the uncertainties,
- drive technologies that reduce the risks of exploration and drilling in very deeply buried reservoirs.
+ Industrial development > IFP's offer in exploration