John Harris President Reservoir Development Services. Houston, Texas March 9-10, 2011

Transcription

1 John Harris President Reservoir Development Services Houston, Texas March 9-10, 2011

2 Reservoir Development Services From the wellbore to the boardroom Changing the way we work Working from the top of our client organizations Proactive proposals versus responding to tenders Becoming engaged earlier in the opportunity process Focusing on energy solutions

3 Reservoir Development Services Viewing value from an operator s perspective Changing the way we think Full value chain: Upstream to markets Full life cycle: Exploration to abandonment Adding and creating value over life-of-asset relationships

4 Consulting Organization Global consulting staff All major petroleum centers Ambitious growth targets to meet increasing opportunities Additional geoscience and engineering resources embedded in geomarkets / wellsite

5 Impact of Reservoir Capabilities It doesn t just increase the share of the pie It increases the size of the pie

6 Reservoir Capabilities: Driving Relationships and Growth Opportunities US Land Shale engineering and commercialization across all shale plays Western Canada Unparalleled understanding of heavy oil engineering Mexico Production optimization, brownfield rejuvenation, ATG field Lab, geomechanics Gulf of Mexico Real-time pore pressure measurement, production optimization, geomechanics Ecuador Production optimization Brownfield rejuvenation Argentina Shale gas, water management Brazil Pre-salt understanding, carbonate excellence, drilling optimization, real-time pore pressure, field development opportunities, CO 2 EOR

7 Reservoir Capabilities: Driving Relationships and Growth Opportunities North Sea Brownfield rehabilitation, EQUALIZER field integration, CO 2 EOR and sequestration Russia Reservoir development studies redevelopment, opportunities, brown and greenfield developments Central Europe Shale engineering experience in a European context Portugal Field development, planning and well construction Ivory Coast Optimized drilling and sand control / completion performance Angola Greater understanding of the pre-salt completion design Saudi Arabia, Kuwait, Oman Abu Dhabi Advanced completions, high pressure gas opportunities, heavy oil opportunities, field development planning opportunities China Production optimization, Reservoir characterization, EQUALIZER field integration Malaysia Field development opportunities Vietnam Fractured basement development Indonesia Early entry into Shale market

8 JewelSuite: Baker Hughes Next-Generation Oil and Gas Software Platform Seismic data Geomechanics and subsidence Structural modeling Uncertainty management JewelSuite Full-field integrated modeling Geological modeling Reservoir simulation

9 Theme Solutions Unconventional Resources Mature Field Optimization Performance Completion Intelligent Reservoir Carbonates

10 Shale Engineering JewelSuite Subsurface Understanding Understanding the rock and how it varies across the area Fundamental to all that follows Life cycle economic modeling Development and facility planning value optimization

11 Microseismic and Frac Analysis Understanding and predicting the effectiveness of your fracs Where the most horsepower goes is not necessarily where the gas flows Rates measured by PLT 5 months later Enhanced prediction over simple type curve used by most of the industry

12 Connecting Sand Management Issues to Services Holistic view of sand management from sanding prediction through prevention to control Links a complete range of services from different product lines in a reservoir driven sales solution Baker Hughes Products and Services

13 Sand Management and Baker Hughes Perforating Technology Sand production in gas wells in Australasia Hostile physical environment Complex geological environment Oriented perforating aligned with the geological stresses No sand production observed Compared to previous wells Higher gas production Stress analysis of the reservoir around a well From reservoir understanding to design, installation and production performance

14 Mature Field Optimization

15 Mature Field Technology Solutions Production Operations Well Intervention and Workover Near Wellbore Performance Maximized Field Performance Reservoir Management System Performance Well Integrity Management Future Opportunities

16 Field Development / Integrated Asset Management Baker Hughes capabilities: a perfect fit Predominantly mature fields Discovered by IOCs Now operated by NOCs Relatively low primary recovery with potential for optimization / EOR Typically three phases over many (10+) years Production enhancement operations Field redevelopment plan EOR installation and operation

17 In Summary It s not just about the wells It s about understanding the big picture It s about understanding the entire subsurface It s about understanding the consequences of alternatives, the lifecycle economics It s about delivering on our strategic promises

18 John Harris President Reservoir Development Services Houston, Texas March 9-10, 2011