A GIS Based Decision Support System for Prospects Screening and Evaluation

  • Yanqing, Yu (Institute of Geosciences and Resources, China University of Geosciences) ;
  • Xincai, Wu (Institute of Information Engineering, China University of Geosciences) ;
  • Ge, Zhang (Institute of Geosciences and Resources, China University of Geosciences) ;
  • Xiaoming, Luo (Institute of Engineering, China University of Geosciences) ;
  • Feng, Li (China Seismology Infrastructure Service, China Seismology Bureau)
  • Published : 2003.11.03

Abstract

This paper discusses a GIS based decision support system that provides functions of prospect screening and evaluation in both technical aspects (Volume, structure, trap, reservoir and charge, etc.) and economic aspects (Net present value, Profit / investment Ratio, etc.). The decision support system has been tested in a virtual offshore exploration prospect to facilitate and improve the decision making process. The study represents a test bed for decision makers at all levels to establish prospect screening and evaluation guidelines that may be applicable to other related prospect investment issues.

Keywords