Solving challenges.

Modelado Integrado de Planes de Desarrollo y Estrategia de

Produccin en ambientes de Alto Riesgo

2015 HALLIBURTON. ALL RIGHTS RESERVED.

What is Uncertainty?

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Integrated Decision Process Key Elements

The ultimate purpose of decision analysis is to help decision makers make
better decisions.
Seamlessly integrate between the projects
technical analyses and their economic
evaluation.
Careful integration of geological, engineering,
economics, and fiscal modeling - all in the
context of the firms strategic objectives.
Application of portfolio management concepts
towards the business decisions.
Integrate business strategy and capital allocation
to improve overall performance.

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Solving challenges.

Landmark Customer Value Proposition:

End to end suite of solutions based on a single subsurface

representation, for more accurate and faster reservoir
decisions, delivered on a single enterprise platform

2015 HALLIBURTON. ALL RIGHTS RESERVED.

E&P Cash Flow Lifecycle

Production Challenges:
Development Challenges:

Optimal Production Strategy;

Fast Pay-Out;
Operation efficiency

Exploration Challenges:

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Basin Knowledgement;
Increase Reserves;
Minimize Risks;

Maximize Recovery;
Extend Economic life;
Efficiency;

Landmark E&P Lifecycle Management Ecosystem

DS Platform & Ecosystem

Production History Matching

Integration, Automation, Optimization,
Risk & Uncertainty Analysis

Field Development Plan

Petroleum
System
Migration
modeling

Real Time Centers

Decision

Well, Completion
Planning & Simulation

Reservoir Flow
Simulation

Geophysical data
Processing &
Interpretation

From Time to
Depth:
Velocity Model

Economic Analysis
Cash Flow Model
Loop

Geological
Interpretation and
Modeling

Migration History Matching

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Drilling, Postdrill
Review,
& Monitoring

Volumetric
Uncertainty Analysis

Production
Monitoring &
Optimization

Expand Portfolio
Petroleum migration
and reservoir filling
Rock and fluid alteration
Dynamic migration simulation
Migration history match
Expand portfolio

Minimal Volume
Geologic Risk
Chance of Success
Portfolio optimization

2015 HALLIBURTON. ALL RIGHTS RESERVED.

DS Geoscience: From Geophysical into Geological world

All-in-one integration and
multi-user collaboration tools

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Reservoir Modeling Workflow

Exploratory Data Analysis

Structural Framework

Stratigraphic Model

Facies Model
Facies Model

History Matching Analysis

OpenWorks

History
Prediction

Upscaling - Simulation
GridProbe, PowerGrid, Nexus

Post Processing & Uncertainty

P10
P50
P90
2015 HALLIBURTON. ALL RIGHTS RESERVED.

Petrophysical Model
P10
P50
P90

Integration
& Operational
Efficiency

DecisionSpace Drilling & Completion

Real Time
Service
Company

Planning &
Engineering

High Science
Geomechanics

Well path

Casing

Drilling

Completion

Risks

*WITS/WITSML
DrillWorks
Collaboration

EDT
DecisionSpace

LWD
Mud logging

Detect & Predict

Audit & Control

Max
Activity

Zeta

Insite
2015 HALLIBURTON. ALL RIGHTS RESERVED.

Dashboards

DS Insite

Reports &
Analytics

Data Analyzer

Governance &
Compliance

OpenWells
Barrier
Assurance

OpenWorks Pressworks EDM

BDIEP

Information & Integration

Foundation
3 Party

Nexus - Next generation simulators

2015 HALLIBURTON. ALL RIGHTS RESERVED.

11

Traditional Decision Process Economic analysis

2015 HALLIBURTON. ALL RIGHTS RESERVED.

12

Palantir & Landmark Solutions

Founded in 2002

Products:

Production and economic

PalantirCASH, PalantirPLAN, PalantirRESOURCE,

PalantirRESERVES, PalantirFINANCIALS,
PalantirDATAFLOW

120 employees with locations in Aberdeen,

Bangalore, Calgary, Houston, London, Perth,
Singapore

The largest independent provider of integrated

economics and planning solutions

40 clients, which include: Occidental, Nexen,

Maersk, Apache, Vitol, Tullow Oil, GDF Suez

Website: http://www.palantirsolutions.com/

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Portfolio planning and optimization

Decision Management: Learn & Efficiency

2015 HALLIBURTON. ALL RIGHTS RESERVED.

14

Landmark Reservoir Surveillance

Collaborative Workflows
Key Performance Monitoring
Reservoir Visualization & Analysis
Production losses
Report & Action Distributions
Over 100 successful projects!

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Experience: 100+ Implemented Workflows

Reservoir Visualization & Analysis
Artificial Lift
Smart Production Surveillance KPI Monitoring

Production Optimization
Production Losses
Well Performance Evaluation
Well Test Validation
Facility Monitoring

Production Allocation
Reporting & Distribution
Oil Hauling & Tank Management
History Matching
Water Flooding Optimization
Well Model Update

Integrated Asset Modeling

Virtual Metering

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Field Development Planning

Landmark E&P Lifecycle Management Ecosystem

DS Platform & Ecosystem

Production History Matching

Integration, Automation, Optimization,
Risk & Uncertainty Analysis

Field Development Plan

Petroleum
System
Migration
modeling

Real Time Centers

Decision

Well, Completion
Planning & Simulation

Reservoir Flow
Simulation

Geophysical data
Processing &
Interpretation

From Time to
Depth:
Velocity Model

Economic Analysis
Cash Flow Model
Loop

Geological
Interpretation and
Modeling

Migration History Matching

2015 HALLIBURTON. ALL RIGHTS RESERVED.

17

Drilling, Postdrill
Review,
& Monitoring

Volumetric
Uncertainty Analysis

Production
Monitoring &
Optimization

Landmark Reservoir Management

Provide a robust software workflow for optimizing the lifecycle of an asset
Determine facility effects on reservoir deliverability
Examine model sensitivities and capture development risk
Improve speed of decision-making through automation and analysis

2015 HALLIBURTON. ALL RIGHTS RESERVED.

18

Traditional Decision Process Dynamic Simulators

2015 HALLIBURTON. ALL RIGHTS RESERVED.

19

How Nexus is like other reservoir simulators

Black oil and compositional fluid types

Single and dual porosity rock models
Fully implicit and IMPES timestepping
Multiple grid input formats (DS Earth Modeling VDB, RESCUE, )
Radial and Cartesian local grid refinements which can be activated
and deactivated during the run
Polymer flooding with shear thinning/thickening
Non-Darcy flow in wells and in the simulator grid
Velocity-dependent gas flow
Knudsen diffusion
Single and multi-component adsorption/desorption

2015 HALLIBURTON. ALL RIGHTS RESERVED.

20

Traditional Decision Process Facilities Simulators

2015 HALLIBURTON. ALL RIGHTS RESERVED.

21

Unified, fully coupled surface and subsurface modeling

Simultaneous solution of reservoir and
network
Fully-implicit coupling for surface
Easy creation of pipelines and gathering
centers
Various two-phase flow correlations
available for network modeling, as well
as tabular hydraulics methods
Flexible well management scripting:
procedures which inform Nexus how to
operate the field based upon current
results

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Intuitive visualization of the surface network

Nexus SurfNet provides insight into
network
View the entire network, or any
subset from perfs to sales point
Analyze network bottlenecks
Create high-quality charts and
documents
Create network framework for use as
Nexus input
User can build and save the structure
of the network
Network can then be imported into
the SimDataStudio model builder

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Nexus multi-reservoir runs: from one reservoir to many

Nexus multi-reservoir workflow retains the integrity of individual models
Build each reservoir model individually
Perform history match
Add private surface network to each model
Perform initial predictions
Build multi-reservoir model with shared network,
including each of the individual reservoir models
without modification
Run multi-reservoir predictions
Production use in cases with 10+ reservoirs sharing a network

2015 HALLIBURTON. ALL RIGHTS RESERVED.

24

Complex well modeling

Wells are treated as multi-segmented
Accurate hydraulics
Stable computation
Realistic completions and well configurations
Multi-lateral and other branched wells with proper fluid mixing
Configure simple wells, cased wells, tubing/annulus strings
Modeled wellbores can contain ICDs, ICVs, and ESPs
Users can accurately represent and simulate complex completions
New link to NETool: build completion in NETool, export matching Nexus input

2015 HALLIBURTON. ALL RIGHTS RESERVED.

25

Modeling of Complex Completion and ICDs

What Netool Does
A Steady-State Near Wellbore and
Completion Hydraulics Simulator
Designed to model in detail production
section of the well with a simplified
modeling of reservoir inflow
Address potential production
problems
Troubleshoot poorly performing wells

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Gas/Water Coning Control

Dual porosity and beyond: multiple porosity types

Nexus models multiple porosities sharing the same physical location
Can be used to model hydraulic and natural fractured systems, and vuggy
carbonates

2015 HALLIBURTON. ALL RIGHTS RESERVED.

27

Nexus Shale Reservoir Simulation

Unstructured Grid
Undefined gridding capability

Multi-component porosity and

permeability capabilities
Natural fractures
Matrix perm
Kerogen perm
Micro fracture perm

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Nexus - Performance

2015 HALLIBURTON. ALL RIGHTS RESERVED.

29

Nexus Performance

2015 HALLIBURTON. ALL RIGHTS RESERVED.

30

Parallel scalability builds on already good performance

2015 HALLIBURTON. ALL RIGHTS RESERVED.

31

Field Development Plan & Production Strategy

2015 HALLIBURTON. ALL RIGHTS RESERVED.

32

Better Decision Making, Better Results

TRADITIONAL APPROACH

Cannot evaluate total asset until late in

the process

Not Collaborative, operating in silos

Only possible to evaluate 2 or 3 scenarios

Often results in sub-optimal Decisions

2015 HALLIBURTON. ALL RIGHTS RESERVED.

Current workflows
Serial/linear in nature little opportunity to make
input/data changes throughout the workflow

33

Better Decision Making, Better Results

TRADITIONAL APPROACH

Cannot evaluate total asset until late in

the process

Not Collaborative, operating in silos

Only possible to evaluate 2 or 3 scenarios

Often results in sub-optimal Decisions

Current workflows
Serial/linear in nature little opportunity to make
input/data changes throughout the workflow

NEW APPROACH

Iterative and flexible process

Robust framework to evaluate total asset early in

the process

Framework enables many scenarios to be

evaluated rapidly

Achieve optimal decisions based on business

objectives

Traceable and Repeatable workflow

2015 HALLIBURTON. ALL RIGHTS RESERVED.

New workflow
Multiple domain
Risk and scenario analysis
Optimization technology

34

Multiple domain risk and scenario analysis

STATE UNCERTAINTIES

OBJECTIVE

Maximize recovery/NPV at
a risk tolerance

DECISIONS & CONSTRAINTS

Volume
Productivity
Compartmentalization
Properties
Costs
Rig availability

Hurdle
rate

Wells
Ownership
Facilities
Strategy
Scheduling
Investment
Sizing

PROCESS
Scenario 2

Probability

Risk

NPV ($MM)

1000

Case 7

800

Scenario 1

Case 2

600

Case 6

400

200

100

200

Iteration

300

400

Iteration / Case
IRR, $$, OIL
2015 HALLIBURTON. ALL RIGHTS RESERVED.

35

500

Ad hoc (case study)

Uncertainty
Stochastic simulation
Optimization
Neural Network
Experimental design

What Decision Management System does.

DMS combines Simulation toolswith...Optimization & Uncertainty technology in an
Open and Adaptable framework.
Optimization
Forward Modeling
Well Planning Optimization
Facilities Planning
Assisted History Matching
Uncertainty Analysis
Optimization with Uncertainty
Portfolio Optimization

Input parameters
Optimizer,
Uncert Driver

(SPE paper 90177)

Simulator 1

DMS
Responses

2015 HALLIBURTON. ALL RIGHTS RESERVED.

(SPE paper 84239)

(SPE paper 96986)
(SPE paper 95528)
(SPE paper 101933)
(SPE paper 79703)

Simulator 2

Decision Management System Optimization

Minimize

f x x sin x

Objective vs iteration
350
250
150
0

50
-50 0
-150
0

Iteration_1

-250
-350

2015 HALLIBURTON. ALL RIGHTS RESERVED.

1000

2000

3000

4000

Decision Management System Optimization

2015 HALLIBURTON. ALL RIGHTS RESERVED.

38

Decision Management System Uncertainty Analysis

2015 HALLIBURTON. ALL RIGHTS RESERVED.

39

Decision Management System Stochastic simulation

Scatter Plot
80000000

Mean NPV ($)

60000000

40000000

20000000

-200000...

-400000...

-600000...

20000000

25000000

30000000

35000000

40000000

45000000

50000000

55000000

60000000

650000...

StdNPV_FIELD

NPV variance ($)

2015 HALLIBURTON. ALL RIGHTS RESERVED.

40

DMS - Technology Convergence

Technical Software

Eclipse, PETEX
Spreadsheet, Nexus

Uncertainty Analysis

Monte Carlo, Experimental design

Latin hypercube, Proxy models

Optimization Techniques

Maximize & Minimize

Objective Function

Integrated Solution

Subsurface + Surface + Economics

Process Automation
High Performance Computing

2015 HALLIBURTON. ALL RIGHTS RESERVED.

41

Landmark Reservoir Management Solutions

2015 HALLIBURTON. ALL RIGHTS RESERVED.

42

Success Sotry

2015 HALLIBURTON. ALL RIGHTS RESERVED.

43

Nexus Evaluation: San Alberto Field Bolivia

Improve Reservoir Modelling and Save Time
2015 CASE STUDY
CHALLENGE:

Improve simulation time performance

Input for pipes, separators, chokes and valves
Multi-porosity modelling
Full asset modeling in a single package

SOLUTION:

Migrates Eclipse model into Nexus

Migrates GAP model into Nexus
Nexus Tightly coupled subsurface and surface
Parallel Scalability
San Alberto Scalability
16.00

RESULT:

12.00

6x times faster than Eclipse

Integrated modelling in a single package
4x times faster than Eclipse running coupled surfacesubsurface modelling as a single platform

SPEED RATIO

14.00

10.00
8.00
6.00
4.00
2.00
0.00
0

10

# PROCESSORS

2015 HALLIBURTON. ALL RIGHTS RESERVED.

44

12

14

16

18

DMS Evaluation: San Alberto Field Bolivia

Increase Gas Production through Optimized Wells positioning
2014 CASE STUDY
CHALLENGE:

Minimizes Gas production uncertainties

Improve Total Gas production
Decrease Total Water production
Improve scenarios evaluation

SOLUTION:

Decision Management System - DMS

Risk & Uncertainty analysis
Optimal Wells positioning and rates
Integrated & Automated evaluation process

RESULT:

31% gas production increase from offset wells through

optimized positions and rates
Total water production decreased by 6%
Hundred scenarios evaluated in 5 days

2015 HALLIBURTON. ALL RIGHTS RESERVED.

45

Who to Contact, Where to get more information

Kellerman Novaes
Regional Business Tech. Lead Latin America
Kellerman.Novaes@halliburton.com
Phone: +54 11 4329 2308
Cell: +54 9 11 58726852
www.halliburton.com/

Twitter

2015 HALLIBURTON. ALL RIGHTS RESERVED.

FaceBook

LinkedIn

YouTube

Google+

46

Oilpro

Blog

RSS Feeds

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2014 HALLIBURTON. ALL RIGHTS RESERVED. EAR 99

47