Schlumberger DeepwaterChallenges NOIA ver13(final)[1] · Source: BP Statistical Review, IEA World...
Transcript of Schlumberger DeepwaterChallenges NOIA ver13(final)[1] · Source: BP Statistical Review, IEA World...
MEETING DEEPWATERCHALLENGES
Deepwater ChallengesNOIA/NEED Offshore Energy Workshop for Teachers
Robert Drummond President North AmericaSchlumberger
MEETING DEEPWATERCHALLENGES
Topics
Schlumberger Introduction
Industry Outlook
Finding and Understanding the Reservoir
Reaching the Reservoir
Connecting the Reservoir
Schlumberger—Teaching Young People About Energy
MEETING DEEPWATERCHALLENGES
Schlumberger ProfileProviding Products, Services and Solutions that Improve ProductivityThree Business Groups Reservoir Characterization Drilling Reservoir Production
2011 Profile Revenue: $39.54 billion Net Income: $5.01 billion 123,000 Employees 85 Countries, 168 Nationalities, 2,200 Locations $1.1B in Annual Research & Engineering
MEETING DEEPWATERCHALLENGES
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Oil Supply and Demand—A Macro View
Source: BP Statistical Review, IEA World Energy Outlook, Monthly Oil Market Report, Medium-Term Oil Market Report, Lehman/Barclays, IFP. Revised 0112
Spare CapacityWorld Capacity
World Demand
Projected Growth in Supply and Demand
Oil Price ($/bbl)
E&P Expenditure
MEETING DEEPWATERCHALLENGES
Long-Term Energy Mix
Source: IEA World Energy Outlook, 2011
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World Energy Mix, 1990-2035CoalOilGasNuclearHydroBiomass and wasteOther Renewables
MEETING DEEPWATERCHALLENGES
The Big Crew Change Is Happening Now
Source: SBC O&G HR Benchmark 2011, SBC analysis
20102015
20–24 25–29 30–34 35–39 40–44 45–49 50–54 55–59 60–64 65+0%
5%
10%
15%
20%
25%
Age/Years
Petrotechnical Professionals (PTPs) by Age Bracket on a Global Basis
Schlumberger Global new hire requirements in 2012: 2,100 Engineers 675 Scientists
MEETING DEEPWATERCHALLENGES
Recent Discoveries and Frontier Exploration
Source: Oilfield Review, US Bureau of Economic Geology, NPD, Infield, Company press releases
MozambiqueMultiple, Eni/Anadarko Under evaluation
North Sea Avaldsnes-Aldous, Lundin/Statoil/Maersk Largest discovery on NCS since mid-80s
Angola Pre-salt Cameia-1, Cobalt and Azul-1, Maersk Under evaluation
French Guyana Zaedyus, Tullow 72 meters of net oil pay
US Gulf of MexicoMoccasin, Chevron 380 feet of net pay
Mediterranean Aphrodite, Noble (310 ft net gas pay) Leviathan, Noble
Q4 2011 DiscoveryQ3 2011 Discovery
Barents Sea / Arctic Norway Havis, Statoil/Eni 48 meters of gas;128 meters of oil
Established
FrontierEmerging
2012 Exploration Projects
MEETING DEEPWATERCHALLENGES
Variety of Challenges Drilling in Deepwater
Challenges of Deepwater Drilling. Source: Chevron 2007
8,000’
16,000’
24,000’
32,000’
40,000’
Sea LevelStorms and hurricanesLoop and eddy currents cause vortex induced vibrations and motions to drill stringsUnpredictable high pressure gas charged stringers and faults near surfaceMobile/flow-able/dissolvable 10,000’ thick salt canopy with unpredictable layers of highly variable trapped sedimentsUnpredictable base of salt –rapid pressure differentials“Thief zones” of significantly lower pressure which cause lost circulation – fluid lossUltra-deep reservoir with high temperatures, high pressures and low natural flow-ability
MEETING DEEPWATERCHALLENGES
Finding the Reservoir
Unique seismic surveying technique 2 recording vessels 2 source vessels Advanced processing and interpretation Illuminates subsurface from all angles—
not a narrow range
Provides a clear competitive edge Superior resolution Highly efficient operations Illumination below complex salts
Year 2000, Narrow Azimuth, Conventional shoot
Year 2011, Full Azimuth, Coil shoot
Illuminating deep, subsalt targets Identifying drilling hazards Reservoir properties from seismic data De-risking targets, particularly WGOM
MEETING DEEPWATERCHALLENGES
Reaching the ReservoirDrilling Technologies
Execution Expertise
Modeling and Prediction
Mud Logging
MWD
Drill Bit
Directional
Drillstring
Drilling Fluid
LWD
Drilling Tools
MEETING DEEPWATERCHALLENGES
Connecting the Reservoir
Upside potential in subsea recovery Integration and control of subsea and subsurface technologyOptimizing the entire subsea production system for the life of the field
Subsurface
Surface
Subsea
MEETING DEEPWATERCHALLENGES
Schlumberger Approach to the Subsea Market
MEETING DEEPWATERCHALLENGES
Deepwater Lifecycle
Connecting
ThePrizeThe
PrizeFinding
Understanding
ProducingReaching
MEETING DEEPWATERCHALLENGES
Schlumberger’s Commitment to Education
Through a collaboration with the American GeoSciences Institute (AGI) and the “SWITCH Energy Project”, Schlumberger is bringing new, unbiased energy educational videos and training materials to classrooms around the world.
MEETING DEEPWATERCHALLENGES
Schlumberger’s Commitment to Education
Through a collaboration with the American GeoSciences Institute (AGI) and the “SWITCH Energy Project”, Schlumberger is bringing new, unbiased energy educational videos and training materials to classrooms around the world.
[Re-insert video here]
MEETING DEEPWATERCHALLENGES
Schlumberger’s Commitment to Education
These topics, like Deepwater Exploration, are key decisions in our future: Affordable Available Reliable Clean
Technology will lead us to making Deepwater Development all four.
MEETING DEEPWATERCHALLENGES
Thank you