OilTracers LLC Exhibits at the 2nd North African/Mediterranean Petroleum & Geosciences Conference and Exhibition

OilTracers LLC exhibited at the 2nd North African/Mediterranean Petroleum & Geosciences Conference and Exhibition, April 10th to 13th 2005 in Algiers, Algeria. A key element of the Exhibit was OilTracers demonstration of the latest version (v. 3.0f) of the OilUnmixer TM software that OilTracers has developed for performing geochemical allocation of commingled production. The latest version of OilUnmixer TM includes features such as:

• The ability to allocate production with or without the use of end members calibration oils.
• The ability to “visualize” the quality of the calculated allocation result by viewing a graphical comparison of a mathematical construct of the predicted oil vs the actual observed oil.
• A numerical measure of “quality of fit” of the predicted allocation solution to the observed oil.
• A statistical “% Confidence” number associated with the allocation solution.
• The ability to automatically “look” for contamination in the end member calibration oils (based on automatically searching for peaks that lie statistically too far away from the allocation solution implied by the overall oil fingerprint), and then automatically deleting those contamination peaks, and then automatically iterating a solution until it converges on a stable answer. This ability to use “non ideal” end members is particularly useful.

OilTracers LLC will next be exhibiting June 19-22 at the AAPG Annual Convention in Calgary, Canada. We invite you to stop by our booth and meet the OilTracers scientists.