DRILLING RELIABILITY AND PRODUCTION

OPTIMIZATION BIOVIA SOLUTION FOR UPSTREAM OIL AND GAS

The upstream oil and gas industry is undergoing transformative changes. Innovations in drilling, enhanced oil recovery and unconventional technologies such as fracking are increasing the asset value of existing fields and creating tremendous value for stakeholders. In parallel with these opportunities, oil companies are challenged by volatile markets, dropping oil prices and the difficulties of extracting products from deeper reserves. Furthermore, many senior experts are reaching retirement age and leaving companies without fully transferring critical intellectual property (IP) and best practices. This is especially true in exploration and drilling laboratories where drilling and completions engineers, researchers and scientists often utilize cumbersome spreadsheets and complex databases when optimizing and developing new fluid formulations, in many instances maintaining their data in paper forms and binders.

BIOVIA SOLUTION FOR UPSTREAM OIL AND GAS Dassault Systèmes BIOVIA delivers a unified innovation discovery and digital laboratory management solution for upstream oil and gas that combines advanced predictive science solutions (multi-scale modeling and simulation) with the digital unified lab. This comprehensive enterprise solution supports the complex needs of oil and gas drilling while also reducing the effort required to document scientific activities with improved detail, accuracy and speed.

Companies adopting BIOVIA’s unified innovation discovery and digital laboratory solution have realized value across a range of activities.

DIGITAL INNOVATION DISCOVERY AND UNIFIED LABORATORY SOLUTION

BIOVIA benchmark metrics

Product quality and performance ↑ 85% improvement in data traceability ↓ 10-20% in deviations

Business Process Optimization ↓ 3x-10x workflow response ↓ 15% reduction in laboratory testing time

Global Operational Efficiency ↓ 16% or more reduction in time-to-market

EXCELLENCE AND RELIABILITY IN DRILLING AND PRODUCTION CHALLENGES OF SPREADSHEET-DRIVEN AND “SILOED” SYSTEMSTraditional drilling and production laboratories diverge across sites, creating competitive disadvantages either by lengthening time to market or reducing revenues through lost data, difficulty searching information and inability to reuse methods and information.

UNIFIED LABORATORY APPROACH TO OPERATIONAL EXCELLENCEEnterprise-wide digital laboratory operations allow organizations to automate processes across sites and projects. The result is faster commercialization of new products which can account for millions of dollars of opportunity in time value from innovations facilitating oil recovery and the development of new and improved drilling fluids to ensure reliable drilling operations. Direct benefits to the upstream oil and gas industry include:

• Increased agility in identifying and managing alternative materials: BIOVIA solutions identify products that appear different or have different names but have the same required properties and behavior to help reduce risk resulting from vendor, brand and product dependencies.

• Risk mitigation: BIOVIA chemical inventory management reduces surplus storage of hazardous products while ensuring availability.

ACCELERATE TIME TO MARKETBIOVIA discovery innovation (predictive science) solutions allow researchers to design and simulate new chemicals and understand how products behave under extreme conditions. Modeling and simulation has accelerated the simulation, design and optimization of oil field surfactants, bactericides, flocculants, viscosifiers and more. The direct benefits to the upstream oil and gas industry include:

• Increased production output: The value of cross-analyzing mechanical and chemical properties using predictive science techniques can range from ensuring comprehensive IP capture as senior talent retires to improving production by optimizing injection fluid properties and formulations.

• Streamlined drilling operations: The BIOVIA unified laboratory solution automates processes and supports global collaboration, enabling upstream oil and gas companies to do more with less through enhanced resource utilization.

IMPROVE PRODUCT PERFORMANCE BIOVIA laboratory solutions help oil and gas companies to optimize product performance in changing environments. For example, improved laboratory informatics supporting integration with lab equipment and production data makes it possible for cement engineers to optimize the performance and stability of formulations.

• Improve formulation: The digital unified laboratory environment accelerates formulation analysis and provides a larger number of target candidates for development.

THE CASE FOR CHANGE

Field services teams can improve collaboration across sites, globalize standardized best practices and streamline operations. By capturing value from targeted products with improved performance, they can increase oil recovery and optimize drilling operations.

Strategic Benefits• Accelerate innovation cycles to increase competitive

position• Improve efficiency and best practices for

profitability optimization• Transform laboratory processes to increase

innovation throughput in meeting market demands for deeper reserves, advances in fracking, etc.

Economic Benefits• Use automation, search and reuse technologies

designed for scientific and research environments to optimize resource utilization.

• Create measureable and predictable research, discovery and development processes to increase valuation of innovation portfolios

• Reduce time and cost of data collection, analysis and reporting; accelerate decision cycles

Risk Mitigation• Improve IP capture and retention as

employees retire• Enable secure information sharing and collaboration• Standardize processes with full traceability of all

laboratory activities

IT Impact• Replace custom implementation with configuration • Improve end-user adoption• Simplify IT landscape with reduced IT

development/maintenance costs

THE VALUE OF PARTNERING WITH BIOVIANow more than ever, oil and gas organizations need a trusted, strategic partner that shares their vision and passion for what is possible in today’s rapidly changing environment. Dassault Systèmes BIOVIA offers unparalleled experience and a strong track record in the chemicals, oil and gas industries to support companies on their business and IT transformation journey.

We look forward to assisting upstream oil and gas organizations with overall project development, design and deployment to accelerate the transition from evaluation to implementation of an industry-leading unified innovation discovery and digital laboratory solution.

©20

14 D

assa

ult S

ystè

mes

. All

righ

ts re

serv

ed. 3

DEX

PER

IEN

CE®

, the

Com

pass

icon

and

the

3DS

logo

, CA

TIA

, SO

LID

WO

RKS

, EN

OVI

A, D

ELM

IA, S

IMU

LIA

, GEO

VIA

, EXA

LEA

D, 3

D V

IA, 3

DSW

YM, B

IOVI

A, N

ETVI

BES

, and

3D

EXCI

TE a

re c

omm

erci

al tr

adem

arks

or

regi

ster

ed tr

adem

arks

of D

assa

ult S

ystè

mes

or i

ts s

ubsi

diar

ies

in th

e U

.S. a

nd/o

r oth

er c

ount

ries

. All

othe

r tra

dem

arks

are

ow

ned

by th

eir r

espe

ctiv

e ow

ners

. Use

of a

ny D

assa

ult S

ystè

mes

or i

ts s

ubsi

diar

ies

trad

emar

ks is

sub

ject

to th

eir e

xpre

ss w

ritt

en a

ppro

val.

The next step is to develop a strategic business partnership with BIOVIA aimed at deploying a unified innovation discovery and digital laboratory solution that will improve drilling reliability and optimize production in upstream services.

Our 3DEXPERIENCE® platform powers our brand applications, serving 12 industries, and provides a rich portfolio of industry solution experiences. Dassault Systèmes, the 3DEXPERIENCE® Company, provides business and people with virtual universes to imagine sustainable innovations. Its world-leading solutions transform the way products are designed, produced, and supported. Dassault Systèmes’ collaborative solutions foster social innovation, expanding possibilities for the virtual world to improve the real world. The group brings value to over 190,000 customers of all sizes in all industries in more than 140 countries. For more information, visit www.3ds.com.

Dassault Systèmes CorporateDassault Systèmes175 Wyman StreetWaltham, Massachusetts02451-1223USA

BIOVIA Corporate EuropeBIOVIA 334 Cambridge Science Park,Cambridge CB4 0WNEngland

BIOVIA Corporate AmericasBIOVIA 5005 Wateridge Vista Drive,San Diego, CA 92121USA