Overview of AGR Group
Business Units
Petroleum Services
• Well Construction Project
Management
• Drilling Consultancy
• Reservoir Management
• Field Management
Drilling Services
• Riserless Mud Recovery
• Well service tools
• Trenching & excavation
Financials
Revenue, $ US Mn
463
231
2005
319
355
2006
2007
2008
* 2009 is 1Hx2
A Global Footprint
Field Operations
• Ops. & Maint.
• Subsea Infrastructure
• Facilities Integrity
• Engineering and PM
AGR CannSeal
• EOR
• Standard Wireline
• Remedial annular sealing
• Zonal Isolation
www.agr-ps.com
Offices
> 60% of rev. outside Norway
409
2009*
Overview of AGR Petroleum Services
Business Lines
Well Management
• Outsourced drilling
• ~160 reservoir employees
# of wells drilled North-West Europe, 2007
48
30
Statoil-Hydro
Reservoir Management
• Global player
• ~155 reservoir employees
Field Management
• FD studies
• Sub Sea Tie-back projects
Shell
29
23
AGR
20
Exxon
Talisman
2008 AGR:
•
•
•
•
Drilled 78 wells worldwide
2nd in volume in NW Europe 2008
Performed 200 reservoir studies
Delivered 100 training courses
82
1
Drilling consultancy
• ~300 consultants
• Database of ~8000
28
134
19
22
5
26
www.agr-ps.com
AGR FIELD OPERATIONS
www.agr-ps.com
AGR DRILLING SERVICES
www.agr-ps.com
Field Development
Gaining
Access
Reservoir
Wells
Subsea &
Facilities
Integrated
Services
www.agr-ps.com
Exploration
& Appraisal
Production
Abandonment
AGR Integrated Services
AGR PETROLEUM SERVICES
•
AGR Petroleum Services (AGR PS) is one of the
largest providers of well management, consultancy
services, reservoir and risk mitigation in the world.
•
We are committed to providing our clients with
solutions that result in optimizing value while
minimizing risks.
•
AGR PS is built upon the acquisition of the “best in
class” firms in the following categories:
– Drilling and Well Construction
– Subsurface Evaluations
– Consulting Services
– HSE & Risk Management
– Training
www.agr-ps.com
AGR Petroleum Service Business Divisions
Wells
Well
Management
Well
Management
Management
•
•
•
Reservoir
Res
Management
Management
Field Management
Consultancy
Drilling
consultancy
Delivering reservoir, well and integrated field management services
Adding value through expertise, innovation and commitment
Core competences in
−
geology, geophysics, petrophysics
− reservoir and petroleum engineering
− well construction, drilling management, completion design
− facilities and subsea development
www.agr-ps.com
AGR Petroleum Services Global Coverage
www.agr-ps.com
AGR Worldwide Track Record
In 2008, AGR PS:
•
Drilled over 78 wells in 7 countries for 34
clients
•
Operated 7 rigs simultaneously worldwide
•
Completed over 200 reservoir
management studies
•
Placed 191 consultants through our
Consultancy Services group
•
Supported 2 new oil companies in the
rigorous North Sea qualification process
www.agr-ps.com
AGR Petroleum Services Experience & Strength
• World’s largest well management
group
–
–
–
–
Managed drilling of 400 wells to date
Globally 317 employees
8 concurrent rig operations in 2008
Drilled the deepest GoM HPHT well at
33,000 ft below mud line & 22,500 psi
bottom hole pressure
• Over 120 reservoir professionals
– Over 200 reservoir studies/year
– Deliver over 100 training courses per
annum
www.agr-ps.com
Our
global
services– PRODUCT LINES
FIELD
OPERATIONS
www.agr-ps.com
Field Development
Gaining
Access
Exploration
& Appraisal
Production
Reservoir
Management
Shown
Well
Management
Shown
FD,
O&M
Integrated
Services
www.agr-ps.com
Shown
Shown
Abandonment
AGR Integrated Services
What we do - AGR Petroleum Services
Integrated Project Management
Reservoir Management
SUBSURFACE
EVALUATION
Reservoir optimisation
- Well type
- Well location
- Well count
Production optimisation
- CannSeal
Well Management
WELL CONSTRUCTION:
PROJECT
MANAGEMENT
Engineering
- Drilling
- Well testing
- Completion
HSE support
Asset valuation for M&A
Reserves Audits
Procurement
Geoscientists
Reservoir engineering
Production technologists
Economists
Training
Logistics support
www.agr-ps.com
Well Delivery Process
IOC Policies & Procedures
Field Management
Consultancy
INTEGRATED
SOLUTION
PROFESSIONAL WC
RESOURCES
FD Concept studies
~300 contracting global
5000 consultants reg.
Reservoir
management
Field Development
Plan
Production strategy
Drilling & Completion
Well testing &
services
Subsea engineers
Materials & Logistics
controllers
HSE
AGR Petroleum Services - Summary
AGR can do all that an IOC operator can do
– Except funding, or PSC as has no assets
– Fee & Performance based Remuneration vs.
Production Share
Solid safety and operational track record
Full project management:
– G&G
– Drilling & completion
– SCM, Procurement and logistics
– Security
Flexible commercial model, designed to fit every
application
UAE Operations Status (Abu Dhabi)
– Local agent / Sponsorship
– Registration in Process
– Ensure we add AGR PS services to ADNOC bid lists
www.agr-ps.com