iwfs services - integrated well flow solutions, iwfs llc

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IWFS Services
Integrated Well Flow Solutions
Domestic and International Petroleum Engineering Consultancy
Portfolio to Clients
www.inwellflowsol.com – info@inwellflowsol.com
IWFS - USA
161 Littleton, Austin TX 78737
Phone: +1-512-363 0822
email: mario.salazar@inwellflowsol.com
IWFS - COLOMBIA
Calle 122 No.12-11 Piso 2, Bogotá, D.C.
Phone: +57-3208153684
email: gerardo.ortiz@inwellflowsol.com
IWFS STATEMENT
VISION
Privately
owned firm
focused
on providing specialized petroleum
engineering and project management
consulting services to Oil & Gas
operators , financial and investment
firms in the U.S., Colombia and
overseas.
MISSION
In IWFS we strive to deliver
exceptional customer value by
providing high quality support and
consulting services to client Oil & Gas
companies in the U.S., Colombia and
abroad.
www.inwellflowsol.com - info@inwellflowsol.com
IWFS SERVICES PORTFOLIO
IWFS assists its Clients with a services portfolio that includes:

Acquisitions of Oil and Gas Assets in Colombia

Enhanced Oil Recovery (EOR)

Reserves Evaluation

Project Management

Field/Reservoir/Completion Surveillance & Optimization

Well Recompletion Management

Nodal Analysis and Integrated Asset Modeling

Well Flow Modeling and Artificial Lift

Field Operations
www.inwellflowsol.com - info@inwellflowsol.com
THE IWFS TEAM
IWFS assists its clients thru a select team of experienced and highly
motivated oil and gas industry professionals of recognized trajectory,
ethics and responsibility ready to deliver high quality work to add value
to the assets of our clients. Our team includes consultants in the areas
of:

Management of E&P Projects

Reservoir, Production and Drilling and Completion

Geology, Geophysics and Petrophysics

Petroleum Technology
www.inwellflowsol.com - info@inwellflowsol.com
IWFS SERVICES
Oil&Gas Asset
Acquisition in Colombia
 Provides the management assistance needed by operators,
service
companies and investment firms to approach, focus on, evaluate and
acquire oil and gas opportunities following rules and regulations of the
Agencia Nacional de Hidrocarburos (ANH) de Colombia.
 Acquisitions include mature and new oil & gas business opportunities in
Latin America and the Caribbean with special focus in Colombia.
www.inwellflowsol.com - info@inwellflowsol.com
Enhanced Oil Recovery (EOR)
IWFS SERVICES
 IWFS can provide the geological, reservoir
and production engineering expertise to
assist clients to increase ultimate oil recovery
from mature reservoirs thru thermal, gas
injection and chemical methodologies
including:
 Steam injection to reduce oil viscosity and
improve its ability to flow.
 Gas injection using natural gas, nitrogen and
carbon dioxide
 Chemical injection including polymers and
surfactants to reduce surface tension
increasing the ability to flow.
www.inwellflowsol.com - info@inwellflowsol.com
Reserves evaluation,
forecasting and economics
IWFS SERVICES
10000
CV.DailyWcut ( 1/Mw t% ) PY5-1-A01
Phase
Case Name
b
Di
qi
ti
te
End Rate
Final Rate
Cum. Prod.
Cum. Date
Reserves
EUR
Forecast Ended By
Forecast Date
Qo
1000
: Oil
: PY5-1-A01
:0
: 0.087 M.n.
: 334.966
: 12/31/2006
: 10/31/2008
: 50
: 49.351
: 1609.53 Mbbl
: 08/05/2006
: 99.9243 Mbbl
: 1709.45 Mbbl
: Rate
: 07/05/2007
100
10
 IWFS can assist clients to estimate oil and
gas reserves using analytical methods based
on production data for estimation of asset
value following SEC and/or SPE/WPC/AAPG
standards.
 Can also assist your organization in
developing the projections to forecast
production as well as the economical
analysis needed to screen and decide
on different production scenarios.
1
2003
04
05
06
07
08
www.inwellflowsol.com - info@inwellflowsol.com
IWFS SERVICES
Asset Management Process
Planning & Development
 The application of a technical, economical
and efficient asset management process
leads to optimal oil and gas final recovery
factors, added value thru the life cycle of the
asset and optimal ROI.
 The
asset
management
process
includes the key phases of screening,
evaluating, negotiating, initiating, appraising,
selecting, defining, executing, operating and
decommissioning.
www.inwellflowsol.com - info@inwellflowsol.com
IWFS SERVICES
Field/Reservoir/Completion
Surveillance & Optimization
 Surveillance & monitoring are keys to
understanding reservoir performance and
identifying opportunities that will improve
ultimate recovery.
 To be effective, Surveillance must be
exercised at both the static & dynamic levels
during the reservoir life cycle.
 Proper planning & modeling are instrumental
to successful Surveillance, enhanced
ultimate recovery and optimal ROI ($).
www.inwellflowsol.com - info@inwellflowsol.com
IWFS SERVICES
Mature Field Recompletion
Management
 Recompletions represent an attractive
opportunity for operators to increase
production, ultimate recovery and return of
the investment.
 Successful recompletions provide a great
opportunity to add
significant value to
mature assets.
 IWFS can help clients to select the best
recompletion candidates, estimate potentials,
prioritize opportunities and design suitable
operations to optimize asset value and ROI.
www.inwellflowsol.com - info@inwellflowsol.com
Nodal Analysis & Integrated
Asset Modeling
IWFS SERVICES
 IWFS can develop nodal analysis models
including wells, flow lines, risers, manifold
pipelines, separators and gathering facilities.
4200
2:Water Cut(percent)
3500
2800
 The surface networks can be optionally
linked to reservoirs and process models for
fully integration of the production system.
2100
1400
0
1
700
Actual PI vs Theoretical PI
2
0
0
4000
8000
12000
16000
20000
24000
28000
32000
10000
1000
Theoretical PI (stb/d/psi)
Underperforms
Actual PI (b/d/psi)
1000
100
10
KAI-B08
100
KAI-A04
L4
KAI-A03-ST1
KAI-B04-ST1 L5
KAI-B05
KAI-A02
KAI-B10L8
KAI-B02
10
CAN-A03
CAN-A04
L7
L10
D8
D17
D16
D2
D11
CAN-A05
D20
D18
Exceeds
expectations
CAN-A07
1
L2
D21
D19
D1
KAI-B11
1
L6
L13 (L03)
KAI-B03
KAI-B09
0
0
1
10
100
1000
Actual PI (stb/d/psi)
0.1
0.1
1
10
100
1000
10000
Theroetical PI (b/d/psi)
Gannet A
Nelson
Tern
Teal
Cormorant Alpha
Gannet C
Howe
Kestrel
Tealsouth
Pierce
Gannet D
Brent A
Pelican
Guillemot
Series2
Gannet E
Brent B
Osprey
Dunlin
Gannet F
Brent C
Merlin
Eider
Gannet G
Brent D
Cook
North Cormorant
Angostura - Canteen
Angostura - Kairi
Douglas
Lennox
 Integrated nodal analysis models enable
operators to see the big picture to identify
production bottlenecks, increase productivity
and minimize technical and economic risk.
.
www.inwellflowsol.com - info@inwellflowsol.com
Well Flow and Artificial
Lift Management
IWFS SERVICES
 As reservoirs mature and reservoir potential
energy declines, continuous natural flow can
not be sustained.
 At this point, properly selected, designed and
managed artificial lift systems become a
powerful tool to enhance asset productivity
and recovery.
 IWFS can use updated methodology to
assist companies to select and manage
artificial lift technology for optimal field
productivity.
www.inwellflowsol.com - info@inwellflowsol.com
Field Operations
IWFS SERVICES
 IWFS holds an alliance with field operations
consulting firms of broad experience both at the
domestic and international level in the
supervision and execution of operations that
include: drilling and completion, workover &
recompletions, abandonment and artificial lift.
 Drilling operations include specialities on-shore
and off-shore among others: conventional
drilling with mud, air drilling, managed pressure
drilling (MPD) and underbalance drilling (UBD).
 IWFS coordination, the know-how and
operational experience
of our associated
companies and the application of updated
technologies executed by experts are
guarantee of success in the field operations of
our clients.

www.inwellflowsol.com - info@inwellflowsol.com
IWFS – ABOUT US
Mario Antonio Salazar
Petroleum Engineer
GM, Managing Director
IWFS LLC
mario.salazar@inwellflowsol.com
Mario has several years of upstream experience in the Oil & Gas industry. Mario’s experience involves
expertise in petroleum exploration & production including: conventional & unconventional sweet-spot
exploration, asset evaluation, acquisition & divestiture, field development planning, reservoir management,
drilling and completion planning, field/reservoir production surveillance planning, nodal analysis and IPM,
multi- phase well flow modeling and artificial lift design, reserves estimation and project economical analysis,
fluid properties/PVT and pressure transient analysis. Prior to founding IWFS, Mario provided consulting
services and led multidisciplinary project teams and task forces with consulting and operators including :
Eclipse Petroleum Technology, BHP Billiton, Hess Corporation, Kuwait Oil Company, PEMEX; worked in
Swift Energy, Saudi Arabian Oil Company (Saudi Aramco), ECOPETROL (Colombian Petroleum Company),
Colombia Cities Services (OXY) and the Universidad Industrial de Santander (UIS) of Colombia. Mario holds
a Petroleum Engineering degree from Universidad Industrial de Santander and a Master’s Degree in
Computer Science/Operations Research from Texas A&M University.
Gerardo has 20 years upstream and downstream petroleum industry experience with major oil & gas
operators and service companies with a focus on integrated project management and operations. Gerardo
has specialized on operations of excellence with emphasis on human, technological and effectiveness
values. As a leader and a team player, Gerardo experienced strong active corporate participation during
the merge of Mobil and Exxon as a key member of the asset optimization team and as a leader s part of
Schlumberger's aggressive IPM and SPM drilling campaign. During his professional life, Gerardo has
acquired a solid background as a project manager from his experience in corporations including: Mobil
Oil, Exxon, ExxonMobil Schlumberger where he performed with a focus on team work and the search for
effective results as main drivers of his business motivation. Gerardo holds a civil engineering degree from
Pontificia Universidad Javeriana of Bogota, Colombia.
www.inwellflowsol.com - info@inwellflowsol.com
Gerardo Ortiz Quintero
Project Manager
IWFS Colombia
gerardo.ortiz@inwellflowsol.com
CONTACT US
Feel free to contact IWFS at any time
Thank you for your attention
to this Presentation!!
Mario Antonio Salazar
IWFS – USA
GM, Managing Director
161 Littleton, Austin TX 78737
Phone: +1-512-363 0822
email: mario.salazar@inwellflowsol.com
Gerardo Ortiz Quintero
IWFS – COLOMBIA
Project Manager
Calle 122 No.12-11 Piso 2, Bogotá D.C.
Phone: +57-3208153684
Email: gerardo.ortiz@inwellflowsol.com
www.inwellflowsol.com - info@inwellflowsol.com
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