“A petroleum system is defined as a natural system that encompasses a pod of active source rock and all related oil and gas generated which includes all the geologic elements and processes. (Magoon and Dow 1994)”
IPEX has stood by this definition which aided in IPEX's strategy to develop petroleum system assessments of a large number of sedimentary basins from the South Atlantic, Subandean and Gulf of Mexico basins. The objective of this concept is to develop a petroleum system identification and characterization and assessement of a hydrocarbon exploration risk in mature and frontier sedimentary basins.
IPEX studies and evaluation aim to highlight the main exploratory aspects and characteristics of the elements and processes that allowed a quantitative approach of the hydrocarbon potential of sedimentary basins.
The petroleum system approach is based on detailed geochemical analysis of oil samples, well cuttings/rocks and quantitative 3D basin modeling calibrated with geological, geophysical and well data.
State-of-the-art technologies are applied by IPEX, such as High Resolution Geochemistry Technology - HRGT in well cuttings and oil samples along with the PETROMOD software.
In the last four years, IPEX in partnership with Stratageo and CGG Veritas performed the most comprehensive and detailed number of petroleum systems studies in the Brazilian and West African marginal basins. The studies encompass most of the blocks from the greater Campos basin.