Creaming curve fingerprinting Part 1: Introducing the technique Report

Insight 16 August 2023

Get this report

$1,350

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

Report summary

There’s so much more than meets the eye to creaming curves. They are as old as the exploration industry and often used at face value to guide estimates of yet-to-find resources. Read on to see how we leverage our Lens upstream database of wells and fields. Our technique for fingerprinting creaming curves is the starting point for much richer analysis. Parts 2 and 3, to follow, will extend the method to include temporal and spatial aspects of creaming curves. We develop the concept of perfect curves and a range of new exploration metrics.

Executive summary
More than meets the eye
Leveraging Wood Mackenzie wells and fields data
Our technique for fingerprinting creaming curves
- Case study: A short history of Mexico’s Salinas-Sureste Basin
- Salina-Sureste’s creaming curve fingerprint
Global creaming curve fingerprinting results
- Average of six exploration streaks per basin
- Expect similar size discoveries within a streak and infrequent large outliers
- Expected success rates, but many one-time finds
- Correlation between large discoveries and increased variability in subsequent finds
Further reading

Tables and charts

This report includes 14 images and tables including:

Figure 1: Example creaming curve of the Salinas-Sureste Basin, Mexico. Colours represent different plays.
1950-1970: Initial exploration of the basin was onshore and characterized by the discovery of small fields.
1970-1990: Akal is the first mayor offshore discovery in Mexico and one that accelerated the development of the oil industry in Mexico (1977). This period was characterized by increased exploration activity and the discovery of many large fields, including Ku, Maloob and Zaap

1990- 2000: Exploration efforts shifted towards the coast to shallower waters.
2000-2015: Exploration moved towards the north of the basin and resulted in the discovery of extra-heavy oil fields, including Ayatsil, which is currently the fourth largest produced in Mexico.
2015-Today: This streak of discoveries is characterized by heavy participation of private companies. There was also a renewed interest on onshore exploration by Pemex, resulting in large gas and condensate field discoveries, such as Quesqui. Many of the priority fields were discovered during this period.
Figure 2: Salinas-Sureste creaming curve fingerprint. The dots on the x-axis represent discovery wells on a normalized scale.
Figure 3: Discovered volumes in time, Salinas-Sureste. The x-axis is presented on a normalized scale.
Figure 4: Spatial grouping of different discovery streaks in Salinas-Sureste identified by creaming curve peak analysis.
Figure 5: Distribution of number of streaks per basin.
Figure 6: Distribution of standard deviations of the discovered volumes within a single streak
Figure 7: Distribution of average success rate for a streak
Figure 8: Total discovered volume per streak for all basins in Brazil.