2010 TIBCO Spotfire Energy Forum March 25, 2010 iRAVE: integrated Reservoir Analysis & Viz Environment Project Collaborators: - © Chevron 2008 Jeff Mathews, Chevron Perry Dobson, Chevron John Pederson, Chevron Troy Ruths, Chevron Contractor Agenda What is iRAVE? Demo Project Overview How iRAVE is used by Chevron NOJV Team for : Pre Drill well package review/approval Post Drill analysis Current Year Drill Well Results Reservoir Surveillance and Management Summary Conclusions Lessons Learned Best Practices Future Work © Chevron 2009 What is iRAVE? iRAVE Is an acronym for integrated Reservoir Analysis & Visualization Environment Created in the Spotfire environment © Chevron 2009 iRAVE Data Sources Files from Operator Current focus is static/dynamic reservoir and production data (no financials) Monthly via DVD Oil Field Manager (MS Access) – production & downtime WellView (MS Access) – well schematics and activities Sporadic Completion Schematics (Adobe PDF) Production Logging (MS Word) MDT Runs (MS Excel) Proposed Drill Production Forecasts (MS Excel) Weekly Well Test Report (MS Excel) Files We Generate (as needed) Well table including proposed drills and other well-specific data not supplied by Operator Log images (Petrel workflow) © Chevron 2009 iRAVE Data Upload MS Access-based data uploading tool Can specify which data to be updated (reduces wait time) Full upload takes ~30 minutes Data is copied to SQL Server, and new tables are created for use in Spotfire All done by our Geo Tech © Chevron 2009 Mars Oilfield Development 50 Km N 3D Seismic Survey Aram Project Lake Basin Fields 3D Seismic 2099 1st oil 2111 NOJV project Operator: DXP (Delta Exploration Prospectors) http://themis.asu.edu/features/aramchaos There may not be Life on Mars but there is Oil. Who Knew? Mars Oilfield Development Aram Project Lake Basin Primary Fields Bebob Nigel Kohnen Montalva Mars Oilfield Development Aram Project Lake Basin Fields Geology Similar to Earth Sand Shale Sequence Large Lake Basin Lacustrine Oil Y series –Yogi M series – Mars A series - Ares MDP-422 SW Bebob, Aram Requesting approval for 6 wells in SW Bebob Field: Be303, Be304, Be305, Be441, Be445 and Be447. SW Bebob Surface Map SW Bebob Development • Currently 23 producers , 4 injectors • Oil Recovery thru YE 2117 = 10.2 MMBO • Estimated current SW Bebob EUR (decline curve) = 21.14 MMBO • Forecasted incremental capture reserves from MDP-422 wells = 6.1 MMBO Planned Development (18 acre pattern infill) • • • • Multiple YO sands in area All wells to have M1-10 perfs All wells to have M1-20 perfs Tie in to Manifold Be152 Mars Confidential Producers Injectors New Wells How Does the Chevron Team use iRAVE? The Chevron Team uses iRAVE for : Pre Drill well package review/approval Post Drill analysis & Current Year Results © Chevron 2009 Before we go live… We use the library function as opposed to WebEx or InfoLinks It can be easily saved on a laptop for portability at offsite meetings We will now go through the basic screens to show how we use iRAVE © Chevron 2009 Go Live © Chevron 2009 Well Package Proposal Example (MDP-422) Issues: © Chevron 2009 Are well locations acceptable? Completion intervals okay? Conclusions iRAVE is an emerging technology which enables us to keep up with Operator. • Six rigs total • 100+ new completions per year • ~1,000 stims per year • $500 MM - $1,000 MM annual Capex and Opex budget • Only one geo and one engineer on Chevron team! Team activities in 2009 generated over $50 MM in NPV utilizing iRAVE and independent mapping to identify project opportunities iRAVE can be applied to other assets with minimal effort © Chevron 2009 Lessons Learned Integrated platform allows improved decisionmaking, in some cases, better than the Operator Splitting the process to compile data to a central server separate from the application allows easier adoption to other assets and easily integrate new data This process has helped us influence the Operator by challenging their analysis methods (i.e., IP rates were always optimistic) Plan for due diligence, that is, data clean-up, and influence Operator to improve data sources © Chevron 2009 Best Practices 2009 Drilling Results plot – recognized by Chevron’s Internal Reserves Advisory Committee as best practice (type curves and comparison to actual new drills) MDP post-drill analysis – has helped to influence Operator to review their proposals in more detail Mid 2117 Package © Chevron 2009 Early 2118 Package Future Work Integrating other data elements • Stimulation Results • Pump Replacements • Production Attribute Background Maps • Well Pay Summaries • Simulation History-Match Data Application windows • Stimulation Uplift Tracker & Predictor • Areal Bubble Maps • Waterflood Analysis • After-Before Compare (ABC) Plots • Downtime Analysis • Artificial Lift Analysis © Chevron 2009 • Front-end to Business Plan and Reserves Documentation Questions? Thank You! © Chevron 2009 Backup © Chevron 2009 iRAVE (integrated Reservoir and Visualization Environment) Mars Rock Names* Rock Name Mission Mars Pathfinder Mars Pathfinder Mars Pathfinder Mars Rover Spirit Mars Rover Spirit Mars Rover Spirit Mars Rover Opportunity Bebob Tigger Nigel Kohnen Macquarie Montalva Mackinac * from Wikepedia iRAVE Mars Rock Names* Rock Name Mission Yogi Mars Pathfinder