AI Assistant · EXP

Exploration AI

Find the next barrel

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For you as · Team Leader · Nawaf Al-Mutairi
You have decisions waiting in Exploration AI. Approving unlocks value from the KWD 42M pool today.
KOC business value P-01 · Sustainable Capacity P-03 · Heavy Oil Ramp· Production Cash KWD 42M annualised value
The problem today

Prospect ranking is manual, siloed across G&G, and 2040 needs 1.16 MMbbl/d more capacity than today.

What Bayan does

Re-scores every prospect nightly against analogs and economics so the drill list defends 4 MMbbl/d.

Path to KOC 2040
Sustainable Capacity60%
2.41 MMbbl/d (2.90 capacity) → 4.00 MMbbl/d by 2040
Heavy Oil Ramp19%
52 kbbl/d → 270 kbbl/d Lower Fars

Exploration success scorecard

Industry-standard upstream KPIs · targets · peer benchmarks
78
Exploration health
Commercial success rate above IOC top-quartile; F&D cost trending down as Jurassic Najmah appraisal wells de-risk 220 MMboe. Reserves replacement crossed 100% for the third consecutive quarter.
Comm. success rate
Commercial exploration success
on target
46%
tgt40%+6.0
IOC top-quartile35%+11.0
Above target — Bahra and Jurassic Najmah campaigns driving the lift.
Tech. success rate
Technical success (any HC)
on target
68%
tgt60%+8.0
IOC top-quartile55%+13.0
Seismic re-processing lifted P50 volumes on 4 of 6 prospects.
F&D $/boe
Finding & development cost
on target
3.2$/boe
tgt3.5$/boe+0.3
Peer NOC4.1$/boe+0.9
Below target — cluster-drilling and pad optimisation saving ~14%.
RRR
Reserves replacement ratio
on target
118%
tgt100%+18.0
Peer NOC avg96%+22.0
3rd quarter above 100 — supports 2040 capacity pillar.
MMboe added
Reserves added YTD
on target
340MMboe
tgt300MMboe+40.0
KOC 3-yr avg280MMboe+60.0
Jurassic Najmah + Lower Fars carry the plan; heavy oil upside pending.
3D coverage
3D seismic coverage of AoI
near miss
87%
tgt90%-3.0
Peer NOC82%+5.0
Two surveys queued in North Kuwait to close the gap by Q3.

Going good

On plan right now
  • Re-process 2022 seismic cube · Bahra extension
    Unlocks 220 MMboe potential prospect inventory. · 05:30
  • Plays scored: 47
    +9 (90d)
  • Drill-ready prospects: 9
    +2

Needs attention

Early warnings — not decisions yet
  • Update prospect ranking · West Kuwait
    New analog match increases COS for prospect WK-104 from 0.21 → 0.34.
  • Re-process 2018 Burgan cube with DL facies model — 38% chance of stacked Wara pinch-out at +220 MMbbl.
  • AVO inversion on Ratqa Deep returns Class III anomaly (AI 0.84); recommend confirmation well RAT-A2.
External signals
  • S&P Global· 2d agolow
    Middle East rig-rate index up 3.1% MoM on tight jack-up availability
    ↳ Reserve-to-drill economics tighten by ~USD 0.20/bbl — retest sensitivity on borderline plays.
  • Saudi Aramco (peer)· 1w agolow
    Aramco publishes ML-based analog matching results for shared carbonate play
    ↳ Analog-field library can absorb their public dataset; ~40 wells match Burgan Mauddud.

Needs your decision

Approval goes to the audit ledger
Action Center
  • Issue evidence pack · drill / no-drill RA-North-7
    Risk and reserve range now within decision gate tolerance.
    Saves 3 weeks vs. manual prep.11:00· 86%
  • Run economics @ $70 / $80 / $90 Brent
    Board sensitivity request for 2026 capex slate.
    Surfaces 4 prospects that remain positive at $70.14:00· 90%

Automation

2 active rules
Recently auto-handled
    Nothing has auto-run yet
Rules ready to run now
  • Auto-deferDefer prospect re-rank until nightly seismic run
  • Auto-announceAnnounce new drillable play in Boardroom