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Pressure Prediction and Hazard Avoidance through Improved

Seismic Imaging

A Joint Industry Project

Today’s Objectives

• Identify common industry priorities

• Refine Scope of Work

• Prepare for RPSEA negotiation

• Commence Membership sign-up

RPSEA Update

• SEAM proposal submitted Oct 16, 2013

• RPSEA notification of intent to award April 1

• $1.9 million in co-funding (80%)

• Project must commence by Sept 30, 2014

• Project must complete by Sept 30, 2016

RPSEA Expectations

• Benchmark model and seismic datasets for industry and academic use for improved prediction of deep pressure and shallow hazards

• Methodology for quantifying risk and uncertainty in velocity estimation for pressure prediction

RPSEA Next Steps

• Submit detailed cost proposal/justification

• Negotiate refinements to Scope of Work

• Secure minimum 10 industry Participants

– $475,000 first two years minimum

• Execute contract before Sept 30, 2014

SEAM Joint Industry Project

• 3 years

• $2.7 million +

• Includes processing trials

SEAM JIP Objectives

• Benchmark model and seismic datasets for industry and academic use for improved prediction of deep pressure and shallow hazards

• Methodology for quantifying risk and uncertainty in velocity estimation for pressure prediction

Proposed Project Plan 2014-2018

Model Redesign

• Participants provide examples/issues • Prioritize pressure challenges to include • Prioritize shallow hazards to include • Establish rock – pressure – elastic relationships • Stress modeling for salt effects • Basin modeling? • Modify existing SEAM Phase I model

Phase I Earth Model

Pressure Simulation

• Elastic anisotropic simulation (p and s)

• Streamer, sea floor node (and VSP) datasets

• Oversampled to enable acquisition design tests

• Extract “classic” datasets to facilitate academic and industry research

Shallow Simulation

• Elastic anisotropic simulation (p and s)

• Higher frequency, tighter spatial sampling

• Limited to 1000m below mudline

• Extract “classic” datasets to facilitate academic and industry research

State-of-Art Report

• Summarize current pressure prediction approaches

• Identify requirements for improved velocity estimation

• Propose draft methodology for evaluating risk and uncertainty

• Outline processing trials to evaluate methodology

• Provide recommendations for future research

Processing Trials

• Participants to prioritize tests

• Evaluate select vendor approaches to pressure prediction on simulated data

• Acquisition trials?

• Evaluate new concepts?

• Limited (none?) RPSEA cost-share

Methodology Report

• Methodology recommendation calibrated by processing trials

• Recommendations for future research

• Final Report summarizing 3 year project

Industry Workshop

• Post-project

• Industry results

• Academic results

• Recommendations

SEAM Approach (1 of 3)

• Industry consensus on need to advance state-of-the-art

• A high level initial plan provided by SEAM

• Strong project management by dedicated Project Manager

• Early Participant agreement on “must haves”

SEAM Approach (2 of 3)

• Technical decision making through small committees composed of experts

• Project oversight and fund allocation through majority vote of Participants

• Rigorous qualification of simulation vendors

• Competitive bidding for all vendor contracts

SEAM Approach (3 of 3)

• Industry standard storage and access to simulated data and “classic” subsets

• Flexibility to respond to both opportunities and limitations in simulation technology

• The most important principle is that the paying Participants determine the direction of the project.

Next – Industry Priorities

• Dan Ebrom – Statoil

• Matt Czerniak – ConocoPhillips

• Yafei Wu – Anadarko

• Mike Yang – Maersk

Today’s Objectives

• Identify common industry priorities

• Refine Scope of Work

• Prepare for RPSEA negotiation

• Commence Membership sign-up

Next Steps

• RPSEA Negotiation

– Refine Scope of Work

• Membership sign-up

– 10 companies minimum

– 3 year commitments @$30,000 / year

– By September 1, 2014

Pressure Prediction and Hazard Avoidance through Improved

Seismic Imaging

SEAM Thanks You for Your Input!