www.roxarsoftware.com

Roxar Software Solutions Achieving More With Less

Eirik Gudmundsen, Regional Manager AP

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A few thoughts before we get started...

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Agenda

1. Introduction

2. Roxar Software Solutions Overview

3. What we have LESS of today

4. How we can get MORE out of less

5. Summary and Q&A

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Roxar Software Solutions Overview

Well Correlation

Mapping

Structural

Modelling

Property

Modelling

Upscaling Simulation

Well planning

History matching

and prediction

Seismic

Interpretation

Roxar, a business unit of Emerson Process Management, is a leading

international technology solutions provider covering the entire reservoir

optimization value chain

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Agenda

1. Introduction

2. Roxar Software Solutions Overview

3. What we have LESS of today

4. How we can get MORE out of less

5. Summary and Q&A

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Talent will soon be in short supply in the oil & gas

industry. More than 50% of the current industry

workforce will be eligible to retire in 2015!

Source: GE Oil and Gas. Bridging the Talent Gap (February 15, 2013)

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Easily recoverable reserves are dwindling and the

remaining oil will be more expensive to produce.

At the same time, oil prices are dropping...

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Agenda

1. Introduction

2. Roxar Software Solutions Overview

3. What we have LESS of today

4. How we can get MORE out of less

5. Summary and Q&A

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Success: 80% of your success will come from

20% of your efforts

Crimes: 80% of crime is committed by 20% of

the criminals

Cost: 80% of the equipment budget comes from

20% of the items

Presentation: 80% of this audience will only

remember 20% of this presentation

80% of the effects come from 20% of the causes

How can we apply this to the oil & gas industry?

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Talent Gap: Make the most out of the talent you have

Identify 20% of the activities that truly matters, and focus on

the tasks where your talents contribute the most!

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Talent Gap: Cross disciplinary teams can be more productive

By mixing talents from different disciplines, higher motivation,

greater productivity and better results can be achieved!

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Talent Gap: Quickly identify potentials and develop talent

The talent you develop yourself is usually the most dedicated

and effective. If you don’t identify them, someone else will!

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Low Oil Price: Understand where the opportunities are

Can I reduce time to first oil? Can I optimize my existing

production? Can I improve the forecasts?

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Low Oil Price: Find solutions that can help you achieve more

Whenever there is a need to achieve more with less, new

technologies and solutions will present themselves!

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Agenda

1. Introduction

2. Roxar Software Solutions Overview

3. What we have LESS of today

4. How we can get MORE out of less

5. Summary and Q&A

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Summary

It is possible to achieve more with less in the oil & gas industry

Make the most out of the talent you have.

Understand where the opportunities are.

Find new solutions that can help you achieve better results.

If you focus on what you want to achieve, you can probably achieve it with less effort

Better Decisions. Better Returns.

www.roxarsoftware.com

Eirik Gudmundsen Regional Manager AP – Roxar Software

eirik.gudmundsen@emerson.com