Ingeniero

Decision Management System™ (DMS™) Software
Overview
The Decision Management System™ (DMS™) software solution delivers optimized answers to complex reservoir
management problems.
The software allows users to discover development options that could potentially add millions of dollars to the bottom line.
In addition, workflows driven by DMS software maximize the value of the entire asset byintegrating subsurface, surface and
economics workflows while simultaneously mitigating risk. Furthermore, evaluate hundreds of scenarios faster than it takes
traditional methods to consider a few while tracking inputs, outputs, calculations and iterations in a relational database, to
obtain a better understanding of how the entire system works.
Management is making increasingly challenging andimportant decisions earlier in the life of the reservoir. This means asset
teams are under more pressure to accurately forecast and justify production profiles and reserve estimates, but with less
information and greater time constraints than before.
DMS software combines simulation tools and optimization technology in an open and adaptable framework.
DMS software is the leading E&P decisionsupport tool for the 21st century.

Benefits
Better Decisions
• DMS software results can lead to non-intuitive solutions.
The solutions identified using optimization can often be
more profitable than the limited range of solutions
delivered by intuition and experience.
• The DMS software enables analysis of a project as an entire
system, incorporating the interdependent uncertainties inreservoir, production and economic parameters.

Faster Decisions
• The cycle time for development project planning is
accelerated from months to weeks with an added level of
confidence. DMS software revolutionizes timeconsuming workflows, such as history matching and
portfolio planning.
• Given a set of business objectives and constraints, asset
teams can quickly evaluate multiple decisionalternatives
for any prospect or field.
• The DMS application technology leverages grid
computing technology for much faster execution of
multiple simulation jobs.

HAL18347

• DMS software enables consideration of many more
potential scenarios than the very few typically evaluated
under traditional methods.
Decision Management System™ (DMS™) software enables the integration ofuncertainty, risk and business objectives into a rigorous technical analysis
workflow by leveraging simulation tools and optimization technology. The
outcome is better, faster, traceable decisions. Data courtesy of BP.

Traceable Decisions
• DMS software tracks all inputs, outputs, calculations and
iterations, which means users can more easily retrace and
replicate asset decisions, and thereforeget a better
understanding of the entire system.
• Capturing the decision-making workflows in a database
enables asset teams to reference best practices for
future projects.

HALLIBURTON

Solutions

Well Location Optimization
Traditional methods of well location planning rely heavily
on experience, intuition, and approximation. With
traditional processes, even the most experiencedengineers
are limited to evaluating only a few alternatives.

&

Co

le
mp

ti o n s

Reser

vo i

an

a
me

nt
Facil

Results from these types of studies potentially add many
millions of dollars to a project’s profitability.

rM

ge

The use of optimization within the DMS framework
allows a rigorous approach to well location, with
consideration of complex wells, fullphysics simulation,
and economic analysis to help identify the most
profitable scenarios.

Capital allocation decisions can be improved by using DMS
software to deliver more rigorous processes at the asset or
regional level. This assists in the identification of the best
overall solution for a given amount of uncertainty for an
asset or a portfolio of assets.

DecisionSpace®
DMS...