Member

Actus Veritas Geoscience

Actus Veritas specialists with experience in Oil Exploration & Production with Major & National oil companies, who have delivered major projects & saved millions of dollars by initiating efficiencies and improving & streamlining processes and ready to help with your CCUS solutions and energy transition strategy

PROFILE

Company Description:

The Actus Veritas Geosciences (AVGEO) company was founded in 2016 and became a The Cannon West member in 2022 where it has a high-tech office.

The company’s Geosciences and Technical specialists have hundreds of years of collective experience in Oil Exploration and production companies. They have delivered major projects and saved millions of dollars by initiating efficiencies, improving, and streamlining processes. They are ready to help with subsurface characterization in asset value assessments, CCS-CCUS solutions, and energy transition strategies.

Since 2016, scaled-for-purpose teams have built solutions and delivered projects for the USA, Azerbaijan, Africa, South America, and Somalia.

AVGEO and U3 Explore Network have prepared training sessions in Subsurface Characterization for Carbon Capture during the ICE AAPG in Cartagena and participated in numerous industry domestic and international events with talks, posters, panel discussions, and moderators.

Geographically distributed teams are connected by state-of-the-art server and network systems, GIS (Geographic Information Systems) products and Portals integrated with the Cloud databases.

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Actus Veritas Geoscience - AVGeo geographical expertise and experience.

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A VISIONARY TEAM RIGHT-SIZED FOR YOUR PROJECT

2D/3D Seismic Interpretation

In compressional & extensional tectonic regimes and salt provinces
Facies Analysis
Seismic stratigraphy
Incorporation of QI, AI, AVO, and other seismic analyses
Velocity model improvement and image enhancement

Lead, plan and execute full-life drilling programs

Well planning
Casing design input
Completion recommendations
Design geochemical, geologic and geophysical data sampling programs
Monitor daily drilling activities

Robust economic modelling expertise for full-life E&P opportunities

Probabilistic risk and decision tree analysis
Traditional DCF analysis
Build economic models for international fiscal regimes (PSA, Service Contracts, etc.)

Critical risks analysis

Identification of critical risks associated with the project
Customized work plan designed to address and quantify key risks
Creation of Common Risk Segment (CRS) maps

Add reserves & enhance value using innovative and fit-for purpose solutions

Generation of Infill drilling, artificial lift, stimulation and workover programs
Inclusion of complex wellbore flow models in reservoir simulator to evaluate alternative completion strategies
Early model validation through cost effective acquisition reservoir data
Reservoir surveillance plans and fit-for-purpose models to extend field plateau and maximize facilities utilization.

Lead design and deliver geotechnical projects

Regional/Sub-regional assessments with a focus on basin definition, play fairway analysis, and play concepts
Integration of tectonic, structural, depositional & petroleum systems models to identify/evaluate leads, mature prospects, high-grade inventories, support bid rounds, lease acquisitions and evaluate farm-in/farm-out opportunities
Creation of risked and ranked lead/prospect inventories with full-cycle economic analysis.
Creation of gross depositional environment maps from seismic, well and other geologic data