New technologies for accessing, listening to, and producing from, your reservoir
A better relationship with your reservoir
£100
FEATURED SPEAKERS
Tony Laing
» General Manager
» Framo Engineering
Helio Santos
» president
» Safekick
Full Agenda
Tuesday, January 24, 2012
Aberdeen
Aberdeen Marriott Hotel
On Jan 24th Finding Petroleum and Energy Ventures are bringing together Aberdeen's reservoir experts (geophysics, drilling, completions), technology buyers and investors, to talk about ways to get a better understanding of the reservoir.
It is no secret that a better working relationship with your reservoir is they key to improved production, but how can this be achieved?
The event is chaired and produced by David Bamford, a past head of exploration with BP, and the lead sponsor is Energy Ventures, one of the oil and gas industry's top investment houses.
By attending you can meet some of Aberdeen's top reservoir experts and technologists, learn from a selection of speakers and exhibitors, and enjoy a free buffet lunch at Aberdeen Marriott. With speakers offering revolutionary technology selected by our chairman and sponsors.
Free admission - limited places - register now to secure yours.
Introduction from conference producer David Bamford
Elsewhere we take a controversial stance and say we should aim to prolong the life of North Sea’s facilities to the end of this Century, and incur the wrath of many AIM companies (and probably DECC) by asserting that this will have little to do with exploring for new fields.
We believe the vision of a longer life for the UKCS sector of the North Sea has four components:
- building amazingly effective and efficient supply chains so that operating costs per boe hit rock bottom, and
- deploy new technologies aggressively so that all existing discoveries can be developed, and so the recovery factor of all oil fields heads past 60%
- build a new business model that enables companies to utilize CO2 for improved recovery/EOR and, finally
- long-term, store CO2 in depleted reservoirs under existing facilities.
Our October Forum in Aberdeen addressed the first of these ideas.
This January Forum in Aberdeen will examine the second idea, and reveal new technologies for accessing, listening to, and producing from, your reservoir.
It is apparent that innovation and entrepreneurship lies in small-medium sized companies, not in the behemoths, and will bring together several such companies to talk about their ideas and how their technologies can make a difference.
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David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.
Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.
He was on the board of Premier Oil from May 2014 to May 2016.
He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.
He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.
He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.
New Eyes Exploration
New Eyes Exploration, founded by David Bamford, explores new ways to discover Oil and Gas.
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Framo Engineering is a Total System Supplier to the worldwide oil and gas industry, supplying leadin
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Welltec design and manufacture advanced technology for both onshore and offshore wells. Welltec's te
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Talk Description
The three key components for a successful project are planning, training and execution. Drilling a well is no different. When reviewing what can be done to improve the economics and safety records of the drilling industry it was realized that improvement on all three aspects are needed. A software platform has been developed with the goal of providing a simple tool, but very powerful on the background, for designing, training and monitoring the wells in real-time, focusing on displaying the well condition Below the Rig Floor. Using sophisticated and state-of-the-art mathematical and physical models combined with intelligent algorithms and a user friendly interface, the software displays valuable information to help the decision making process in normal drilling scenarios as well as during critical situations, i.e., when the BOP is closed during a well control event.
A very intuitive interface allows for a quick understanding of the situation, avoiding overloading the user with unnecessary information. Simulation While Drilling allows the user to check the effect of any planned change before implementing it, confirming it is safe to do so. By planning, training and monitoring the well using the same models and platform, the user can compare situations and understand whether there is anything in real-time deviating from the expected condition. Various critical calculations to help the rig crew and the well design engineer to evaluate the safety condition of the well are continuously displayed, such as Trip Margin, Kick Tolerance, and Overbalance. |
Helio Santos is President of Safekick Limited. In his 28 years in the industry Mr Santos worked as a Drilling Engineer for Petrobras both onshore and offshore and led several projects in the Research and Development Center. He also has been with Impact Engineering Solutions as Vice-President of Technology, President of Impact Solutions Group, and President of Secure Drilling, which was acquired by Weatherford. Mr Santos earned BS and MS degrees in civil engineering from the Catholic University of Rio de Janeiro and a PhD degree in geological engineering from the University of Oklahoma. He has authored several SPE papers, holds two patents, and has served on SPE conference and Advanced Technology Workshops committees and serves on the JPT Editorial Committee.
Safekick
SafeKick is a streamlined, collaborative organization founded in late 2009 by a small group of alrea
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Talk Description
Synopsis
The challenges that we face in seismic interpretation are far from straightforward but can be stated very simply: There has been an explosion in the amount of data requiring interpretation and we are looking to get finer detail and detect more of the geological subtleties regarding our exploration assets and reservoirs than ever before. In effect, we are looking for smaller needles in an ever expanding haystack.
These are very similar problems to those faced in medical imaging and one part of the solution is also conceptually similar and that is to bring the computational analysis and the interpretation of the images much closer together. In medical imaging this is known as Computer Aided Diagnosis or Computer Assisted Diagnosis (CAD). CAD involves the use of image processing techniques to highlight regions in images that require more detailed examination by the clinical expert. Image analysis techniques can then be used to help delineate the potential lesion for further measurement to aid treatment planning. In much the same way we can use attribute analysis and high quality visualisation to highlight geological features and some cases isolate those features as geobodies. This is technology that has been around for some time.
What’s next in seismic interpretation is the result of tackling the limitations of these techniques by recognising that computational analysis and interpretation must be carried out simultaneously rather than sequentially. This is resulting in the development of a new
paradigm of “Data Driven – User Guided” interpretation.
The presentation will focus on the “Data Driven – User Guided” paradigm in post stack seismic interpretation but a similar path is being followed in the pre-stack domain and which has the potential to make it possible to seamlessly and very efficiently integrate pre-stack analysis into general interpretation workflows.
The benefits of this new paradigm are likely to be enormous because they provide geologists and geophysicists to understand much more about the geology that is expressed in their data and therefore develop a more rigorous and potentially more accurate interpretation whilst potentially reducing the interpretation cycle time. As with CAD in medical imaging, making computational analysis an integral part of the interpretation workflow is not about the computer doing the job of the interpreter it is about making sure that the interpreter can focus their expertise on understanding geology and hydrocarbon potential rather than on laborious data mining.
Some of the technologies that underpin this new paradigm will be on the market in 2012. One of the big advantages of the new paradigm is that it is formed through innovation in image analysis and user interface design allowing us to make use of accepted geological and geophysical knowledge. In consequence the barriers to adopting the new paradigm should be quite low and the potential for it to have an immediate business benefit is high.
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Jonathan Henderson is a physicist with over 20 years of extensive experience in imaging and image analysis. His initial interests were in medical imaging, where he had worked on developing new methods for extracting and quantifying the information contained in x-rays and ultrasound scans. Since joining ffA in 2001, he has used his knowledge of medical image analysis to help the Company develop unique seismic image analysis technologies. Jonathan has been Managing Director of ffA for 5 years during which time the Company, its global customer base and its software portfolio have all expanded substantially.
Foster Findlay Associates (ffA)
Foster Findlay Associates Limited ('ffA') is a world leader in the development and commercialisation
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Ziebel is a group of innovative people with proven experience building business around new technolog
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Fotech provides distributed acoustic data to the energy and security sectors. Based in the UK, USA
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Established in 2002, Energy Ventures manages/advises four venture funds with a total committed capit
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