Well Wildcat is your digital assistant for pre-drill risk assessment of drilling an exploration well with commercial hydrocarbon volumes. It takes into account the seismic Amplitude-versus-Offset (AVO) variations at all productive wells in the area of interest and compares it with the AVO response at the proposed well location. By also taking into account the dry-hole risk well probability of success (e.g., one in five or twenty percent), it uses the Bayesian Conditional Probability theorem to determine the probability of the exploration well making a commercial hydrocarbon discovery.
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