Seismic Micro-Technology, Inc.




KINGDOM Unconventional Interpretation
 Global Market Share Leader For Geoscience Softwa...
SMT Overview
• Established Company: Global market share leader for interpretation
        – In business since 1984. 3000 c...
SMT Offices – In – InCountries
    Agents       17 100 Countries
    Customers 7 Countries




          © 2010 Seismic Mi...
Specialized Geoscience
  For The Generalist
The Business Model For Unconventional Exploitation

 • Exploitation of Shales Often Requires New Techniques
    • Horizont...
Requirements For Success

• Detailed Fracture Evaluation
   • Attribute Analysis
   • AVO Analysis
   • Microseismic Analy...
Detailed Fracture Evaluation

• Running Attributes
   • Curvature attributes in particular have
     been used with succes...
Determining Economic Viability

• Volumetrics
   • Estimated hydrocarbons in place
   • Uncertainty and sensitivity using ...
Improving Asset Team Collaboration

• Enhanced Reservoir Knowledge
   • Understanding of natural fracture trends and patte...
Seismic Micro-Technology, Inc.




KINGDOM Unconventional Interpretation
                Evaluate For 30 Days At No Cost
 ...
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SMT Unconventional Capabilities

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SMT Unconventional Capabilities

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SMT Unconventional Capabilities

  1. 1. Seismic Micro-Technology, Inc. KINGDOM Unconventional Interpretation Global Market Share Leader For Geoscience Software Used for Primary Interpretation by 75% of US Onshore (Unconventional) E&P Geology Geophysics Engineering © 2010 Seismic Micro-Technology, Inc. – Confidential and Proprietary www.seismicmicro.com
  2. 2. SMT Overview • Established Company: Global market share leader for interpretation – In business since 1984. 3000 customers in over 100 countries – Used by 85% of 150 largest E&P companies – Used by over 75% of US on-shore unconventional players • Fast Growing: Double digit growth in 2010 – International sales 65+% of total – growing faster than domestic • Technology Focused: 80% of employees work in technology – 33% are Geoscientists – 33% of subject matter experts are PhDs • Technology Partners: 2 © 2010 Seismic Micro-Technology, Inc. – Confidential and Proprietary www.seismicmicro.com
  3. 3. SMT Offices – In – InCountries Agents 17 100 Countries Customers 7 Countries © 2010 Seismic Micro-Technology, Inc. – Confidential and Proprietary www.seismicmicro.com
  4. 4. Specialized Geoscience For The Generalist
  5. 5. The Business Model For Unconventional Exploitation • Exploitation of Shales Often Requires New Techniques • Horizontal drilling and fracturing • Real time optimization of drilling • Economic Viability Can Change Quickly • Pay zones, though numerous, can be small • Gas markets subject to the whims of local market • Economic modeling throughout the life of the field • Engineering Is More Integrated With The Interpretation Process • Field evaluation no longer “where is it” but “how do we get it out” • Engineering collected info now flowing back to the geoscience teams
  6. 6. Requirements For Success • Detailed Fracture Evaluation • Attribute Analysis • AVO Analysis • Microseismic Analysis • Clear Understanding Of Economic Viability • Volumetric analysis of hydrocarbons in place • Decline rate calculations • Economic modeling • Tight Asset Team Collaboration • Geologists, Geophysicists, & Engineers
  7. 7. Detailed Fracture Evaluation • Running Attributes • Curvature attributes in particular have been used with success • May be co-blended with other attributes • Conducting AVO Analysis • Azimuthal pre-stack gathers can aid in the determination of fracture trends • Interpretation of AVO and NMO velocity variations can help identify anisotropy and fracture trends • Evaluating Microseismic Data • Useful in determining the orientation, density (volume) and extent of fractures induced by the frac job
  8. 8. Determining Economic Viability • Volumetrics • Estimated hydrocarbons in place • Uncertainty and sensitivity using Monte Carlo analysis • Decline Curve Analysis • Production history • Production forecasts • Production modeling • Economic Modeling • Scenario analysis • Cash flow, NPV, ROR of modeled scenarios
  9. 9. Improving Asset Team Collaboration • Enhanced Reservoir Knowledge • Understanding of natural fracture trends and patterns • Enabled by integrated desktop tools for each discipline • Induced Fracture Analysis and Interpretation • Hundreds of wells per year – drill and treat • Frac job results analysis – rapid turnaround • Real- and near-time data impacts well treatment efforts and planning • Effective Field Development • Integrated analysis of geological, geophysical, and engineering data • Volumetrics, production analysis, and economic modeling using all available data • All disciplines working together optimizes field development
  10. 10. Seismic Micro-Technology, Inc. KINGDOM Unconventional Interpretation Evaluate For 30 Days At No Cost www.seismicmicro.com/trial Geology Geophysics Engineering © 2010 Seismic Micro-Technology, Inc. – Confidential and Proprietary www.seismicmicro.com
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