How Good is "Good Enough?"

Every day we settle for “good enough” in our personal and professional lives. We may accept poor service in exchange for an excellent meal. We might give up high fuel economy for comfortable transportation. In software development there is a concept of “Good Enough Quality,” where flaws are considered acceptable if they do not reduce the value. This is not a bad thing—as long as good enough really is.

Good Enough is the point at which you achieve your goal, although this is almost always short of perfection.

Sometimes the point at which “good enough” is reached is not obvious. Other times it is very clear. In chess, for example, it doesn’t matter how many pieces you capture if you end up losing your King.

What is “Good Enough” Reservoir Characterization?

Your reservoir characterization needs to be good enough to tell you how and where to drill the most productive wells.

You must be able to:

• Define the reservoir clearly enough to know where the hydrocarbons are and where they are not.
• Select the most effective combination of conventional and horizontal wells to get the most production for the least cost.
• Minimize drilling dry holes and marginal producers.
• Optimize staff effectiveness in well planning and analysis.
• Avoid leaving economic oil behind.
• Maximize sweep efficiency.

When you consider the enormous potential revenue and the costs involved in exploiting a field, good enough must be focused on the profit equation:

More Production per Well + Fewer Overall Wells = Greater Profit

You must be comfortable making decisions based on the reservoir characterization and confident in its accuracy. The results we provide enable our customers to go beyond knowing where to drill and where not to drill, to knowing how to drill.

Our results give our clients enough confidence to drill highly deviated or horizontal wells into formations where they previously would not do so. This dramatically increases the amount of borehole in the reservoir, with a corresponding increase in production from the well. This is why the first well drilled after a Fugro-Jason analysis is usually the highest producer in the field.

There are companies that claim to be “almost as good” or “second only” to Fugro-Jason. But many times a product that seems just a little bit better can give you results that are significantly better. Consider the following choices in any particular field you are developing:

Which course of action do you think is 'good enough'?

Fugro-Jason: Enhancing Reservoir Performance™.