Smt standard preso 05_19_11
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  • SMT began as a small company in 1984, but in the last few years our technology has propelled us into the market share leader for interpretation. We have doubled in size in just 3 years. And our success if driven by our focus on technology which accounts for 80% of our employees.
  • A 3rd Party research organization, Welling & Co, does yearly independent analysis of our market. Versus all major competitors they found that we were used by more companies than any other solution for interpretation. In addition, in the US onshore, which is now dominated by unconventional players, we have a dominant 75% share.
  • We believe customers who want to maximize recovery and minimize cost and time need some key things, which we focus on. They need optimized workflows that remove productivity bottlenecks that come not having the right tools at the right time. They need the leading science to reduce risk and increase accuracy. And increasingly, they need more real time data from the well site to be incorporated back into their field evaluation workflow to make better, faster drilling decisions. And to ensure that companies have not just the technology, but the people and the process in place, we provide top rated services, training, and support.
  • Today’s resource plays require detailed analysis to optimize recovery and reduce risk. KINGDOM is known for bringing advanced science, previously available in niche applications and specialists, to the desktop of every interpreter. High-end science simplified and integrated into every interpreter’s workflow enables more rapid analysis and reduces risk – asset team members leverage the science that is available. Advanced seismic attribute analysis, through co-blending and combining multiple attributes, especially in 3D space, provides insight into subtle reservoir characteristics such as fracturing, for example. AVO Analysis can reveal orientation of fracture trends.Accurate depth conversion is required to reduce risk when drilling horizontal wells.And KINGDOM offers much, much more.
  • The fast-paced exploitation of fields requires tight collaboration between geologist, geophysicists, and engineers – sharing data and ideas, leveraging the tools available to each domain to most efficiently develop the asset. This interaction must occur in real- or near-time to be effective.We are now adding support for WITSML to get drilling information in real time.In addition, we are developing advanctedGeoSteering integration to auto-correlate and predict the drill log data using reference well information.
  • 300K wells?
  • Workflow Optimization Enhanced multi-user workflows – Q1Officially releasing authored mistie and authored time-depth.  This specific feature was expedited for CHK and has been deployed at CHK for a few months now. Real time 3rd party interoperability Adding support for OpenSpirit’s Application Adapter that will allow users in KINGDOM to send/receive data from other OpenSpirit Application Adapter enabled applications Automated fault pickingExpanding on our very successful “Seeker” technology to automatically pick fault surfaces using a few seed picksAdvanced ScienceAdvanced fault surface modeling – Q1 New fault triangulation engine that allows users to interpret complex fault surfaces and generate more accurate maps quicklyModeling while interpretingSeal faults/horizon/grids during interpreting so that you have an accurate geological model as you interpret data rather than building the model as a separate step that can be time consuming and error prone3D visualization of geologic x-sectionsDisplay and interpret cross-sections in true 3D instead of building 2D flat profilesReal Time Integration Microseismic interpretation – Q1 Display and analyze microseismic data using a workflow that is fully integrated in KINGDOM.  Filter/analyze data and see the results in VuPAK, vertical displays and map view.Real time geosteeringReal time update of well data with ability to auto-correlate and predict the drill log data using reference well informationImproved well path planningAdd workflows in KINGDOM that will simplify generation of well plans.  This enhancement is being done in conjunction with CHK.
  • Integrating microseismic data analysis with seismic and geological data brings the asset team members together at the natural intersections of their domains, resulting in increased understanding of the reservoir and the drilling program effectiveness, in less time.
  • Points to Cover: Creating a structural or stratigraphic cross section in KINGDOM is very interactive with options for correlation and displays for lithology patterns and log shading.Cross sections can be displayed in time, depth, or overlaid on seismic sections.
  • Points to Cover: Creating a structural or stratigraphic cross section in KINGDOM is very interactive with options for correlation and displays for lithology patterns and log shading.Cross sections can be displayed in time, depth, or overlaid on seismic sections.
  • Points to Cover: 1. A fewbase map display abilities include user defined well data posting, generating bubble maps from cumulative production data, and posting log signature maps
  • Points to Cover: 1. A fewbase map display abilities include user defined well data posting, generating bubble maps from cumulative production data, and posting log signature maps

Smt standard preso 05_19_11 Presentation Transcript

  • 1. PRESENTATION TITLEName, Title
  • 2. AGENDA• Corporate Overview• Product Overview • The Road Ahead
  • 3. CORPORATE OVERVIEW
  • 4. SMT OVERVIEW  Global market share leader for seismic & geological interpretation  Double digit yearly growth in revenue  75% of employees are product focused
  • 5. Offices in 7 Countries 5
  • 6. Agents in 28 Countries UK RUSSIA UKRAINE KAZAKHSTAN AZERBAIJAN JAPAN CHINA LIBYA EGYPT TAIWANMEXICO SAUDI ARABIA KUWAIT BANGLADESH TRINIDAD NIGERIA COLOMBIA & TOBAGO INDIA MALAYSIA ANGOLA INDONESIA CAMBODIA PERU BRAZIL VIETNAM SRI LANKA S. AFRICA ARGENTINA 6
  • 7. 330+ Universities – Build Your Talent Pipeline UTRECHT UNIVERSITY MIT UNIV. OF EDINBURGH TSINGHUA UNIV. HARARD UNIV. FREIE UNIVERSITAT CORNELL UNIV. IMPERIAL COLLEGE, LONDON TSINGHUA UNIV. UNIV. OF TORONTO COLUMBIA UNIV. SWISS INSTITUTE OF TECH. STANFORD UNIV. PUKYONG UNIV. KYOTO UNIV. DUKE UNIV. CAL TECH TANTA UNIV. BAGHDAD UNIV. UNIV. OF TEXAS OF EGYPT CHUNG CHENG UNIV. (TAIWAN) TEXAS A&M OBAFEMI AWOLOWO UNIV. HANOI UNIV. NAT. UNIV. OF COLOMBIA RIO DE JANEIRO STATE UNIV. UNIV. OF QUEENSLAND 7
  • 8. 3000 Customers in 100 Countries 8
  • 9. SMT in the Marketplace Used by More Used by 75% of #1 in CustomerCompanies Than Onshore US Satisfaction Any Other Unconventional Geoscience Players Software
  • 10. Why SMT Leads in Unconventional Success in Unconventional plays requires speed in decision-making to reduce field development cycle times • Cross-discipline integration and ease of use are critical requirements Customers using KINGDOM as their primary interpretation platform, have reported 27% higher productivity * in evaluating fields, relative to their peers New Field Evaluation Time (Months) 18 16 14 SMT Is 27% Faster 12 10 SMT Competition * Data from Welling Report on G&G Software, 2011
  • 11. How SMT Increases Productivity KINGDOM Integration means less time spent moving data KINGDOM Ease of Use means workflows take less time #1 for Integration* #1 for Ease of Use* SMT SMT0 5 10 15 20 25 30 0 10 20 30 40 50 * Data from Welling Report on G&G Software, 2011
  • 12. PRODUCT OVERVIEW
  • 13. SMT Product Line •• Output 16seismic and section or or Extract X-sections ingathersdata type Interpret horizonsinterval velocities and Generate smooth inversiondepth, fault3D Display & and display time,11in 2D a single Extract a pre-stack horizon on in- Interpret mini-seismic faults wavelet instantaneous, and andInversion •• ideallyfor standardwcontours. 25 geometric for uselines, and types Stack datasynthetic sections 2 slices. of surfaces on gridsused attributes, Shuey lines, crosslines, arbcomparison surface overlaid andseismicAVOas ainterpreters 2 trace suited attributes,all trend Industry can be by and Colored Inversion •• Matchesdecomposition volumes spectralborehole and using for mapping Verm-Hilterman info on Co-blend multiple attribute volumes to Displayterm, and creatingwell log wells Calculateseismic data wellpseudodata to Generateproduction to log and 3 theoretical waveletsAttributes •• produce velocity and interval noise and Run curvature and other fracture Produceporosities time or write filters easily identify geoanomalies thickness seismic sections inor completion to SEG field, formation,inc. sorting, dip-based Model cleaner volumes, depth Condition data data with less RSA •• signal well decline data on detection attibutes curves, calculations Y, TDQinstability Displaygathers, curves and plan Gassman Run post-stack flattening, angle drilling Volumetrics,logseismic based& economics Use fluid super substitutionSynthetics & Modeling targets wwell path planner gather, spec balancing SynPAKDepth ConversionPre-stack Analysis KINGDOM VelPAK AVOPAK3D Visualization VuPAKSeismic Interpretation 2D/3DPAKWell & Log Analysis EarthPAK
  • 14. SMT VisionOptimized Workflows Advanced Science Real-Time Integration Customer Enablement Services
  • 15. SMT WorkflowsStructural & Stratigraphic Interpretation Petrophysical Analysis Advanced VolumetricsRegional Geologic Analysis Geologic Cross Sections Microseismic AnalysisSeismic Attribute Generation Facies Modeling Production Data AnalysisDirect Hydrocarbon Indicators Forward Modeling Decline Curve AnalysisAVO Analysis Zone Attributes Well PlanningPost-stack Processing Volumetrics Field EconomicsDepth Conversion Seismic Analysis Velocity Modeling Detailed Mapping Geosteering Gather Analysis RESERVOIR FIELD EVALUATION CHARACTERIZATION OPTIMIZATION
  • 16. Advanced Science – On Every DesktopATTRIBUTES DEPTH CONVERSION AVO
  • 17. Real-Time IntegrationGeoscientists becoming integratedwith real-time operations
  • 18. Performance & Scalability Patented Illuminator Technology – 60% faster Multi-author support CPU & GPU computation SQL & Oracle Project level security Single Projects with 1M+ Tops, 175k+ Wells, 30+ Authors
  • 19. KINGDOM IN YOUR ENVIRONMENT
  • 20. KINGDOM Co-ExistenceKINGDOM connectivity, using the OpenSpirit Adaptor, provides the ability to subsetdata from large, server-bound databases for use in KINGDOM.• Load data from corporate repository from inside KINGDOM• Synchronize data changes to the original repository in near real time HAL SLB KINGDOM Other 20
  • 21. Implementation Options1. Standalone 2. Local Area Network 3. Global or LAN Seismic Switch Server Seismic and Web Interpretation on PC Interp Server OR Thin Client Seismic and Seismic and Switch OR Interp Server Interp Server Standalone Interpretation No data on PC Seismic and Intranet Workstation OR Interp Server Thin Client Interpretation Switch Server Seismic on PC
  • 22. Going Beyond Software Services Training Support• Data & Systems • Public • Global Reach • Project Repair • 10+ Cities/Year • Speak 7 languages • Data Conversions • Product or • Local agents in 35 • Data Loading Workflow Based nations • Online Services • Basic & Advanced • Web Knowledge Base• Onsite Staff • Online Reg • Searchable DB • Mentoring • Private • 150+ Tech Papers • Project Support • At Customer Site • Email User Forum • Data & DB Mgmt • Custom Courses • 1100 users talking• Interpretation • On Customer Data SMT every day
  • 23. Getting Started With SMTExisting Projects • Migrate existing projects and begin work using KINGDOM immediately New Ventures • Evaluate new fields quickly and collaborate easily with partners using SMTGeoHazard Team • Conduct environmental studies at lower cost and optimized for high resolution surveys Viz Rooms • See prospects in 3D stereo and easily load data from partners using SMTNew Hire Training • Get new grads trained quickly using PC tools that they already knowRemote Locations • Provide all capabilities without IT support
  • 24. Customer Success Story: Large Independent How The Asset Team uses KingdomCustomer Profile • Needed an alternative for legacy Landmark platform; Performed a multi-site migration in• $27B E&P Company weeks • Currently standardizing G&G platform on• Environment: 175K Kingdom wells, 30 users, 3D surveys w/ 6M traces Why They Chose Kingdom over the Competition • Functionality: G&G interpretation, gridding, mapping, AVO, microseismic • Cost and ease of use
  • 25. THE ROAD AHEAD
  • 26. 2011 Roadmap Focus ASSET TEAM INTEGRATION Enhanced multi-user workflows – Q1 Real time 3rd party interoperability Automated fault picking
  • 27. Microseismic – Q1Microseismic Data for Unconventional Resources • Determine extent and orientation of fractures induced by frac job • Determine geologic relationships between natural rock and induced fracture network
  • 28. THANK YOU
  • 29. DETAIL SLIDES
  • 30. Evaluation Interpret 1,000s of 2D and dozens of 3D surveys Advanced 2D and 3D horizon autopicking capabilities Advanced fault surface modeling Perform mistie analysis and corrections – per user Create and save maps and vertical displays & templates  Create regional structural and stratigraphic cross sections  Advanced gridding of well data and seismic interpretations  Scalable – 1,000s of wells, logs, tops
  • 31. EvaluationSeismic analysis Gather interpretation and crossplotting Synthetic generation and well tie Generate over 50 seismic attributes (RSI) • Geometric, Instantaneous, Wavelet, Spectral Decomposition Trace calculations – single,volume  3D volume visualization and interpretation  Attribute co-blending  Completely integrated 2D and 3D interpretation in 3D space
  • 32. Reservoir Characterization• Geologic cross sections in depth, time, overlaid on seismic• Multi-well, multi-zone attribute calculations• Log curve analysis – normalization, editing, statistics Composite Log Digital Logs Raster Logs• Cross plot log curves, zone attributes, grids – generate facies logs• Petrophysical analysis – use cross plots to interpret lithology and model facies• Determine effective porosity, water saturation, and more for hundreds of wells • Advanced mapping algorithms, gridding, contouring • Calculators – surface to surface, horizon and volume attributes, basic and extended functions
  • 33. Reservoir CharacterizationCompletely integrated AVO analysis• Calculate attribute volumes, cross plot, select, visualize results Advanced Volumetrics • Evaluate multiple reservoirs simultaneously • Monte Carlo simulation – analyze range of reserves based on uncertainty of volumetric parameters • Sensitivity analysisForward Modeling• Synthetic offset gather modeling• Fluid substitutions – model matrix and fluids• 2D geologic modeling – forward model vertical incident seismic• Distribute log-based geophysical properties
  • 34. Field OptimizationMicroseismic Analysis• Time and depth views• Analyze fracture treatment curves• Filter by job time, stage, event attributes, manually• Visualize in all views with all available dataGeosteering• Manual or automatic correlation options• Modifiable stratigraphic model• Planned and actual well displays• Future: • Property distribution Integrated well planning in 3D using • 3D geosteering volumes, wells, surfaces
  • 35. Field Optimization Production data analysis • Multi-segment decline curve analysis – analyze effect of workover, treatments • Forecasts can incorporate rate, volume, and time limits Economic Evaluation • Perform sophisticated economic analysis linked to production forecasts • Accommodates multiple product streams in the analysis • Links multiple economic scenarios to a single production forecastVelocity modeling• Industry-standard methods, use well or seismic velocities• Workflow system – rapid customization, distribution• Profile mode for complex geological scenarios