Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for...

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Smarter way to assess land Sashi Gunturu, Founder & CEO, Petrabytes Corp © 2018 Petrabytes Corp. All Rights Reserved. 1 Machine Learning Approach for Georeferenced Acreage and Reservoir Evaluation

Transcript of Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for...

Page 1: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Smarter way to assess land

Sashi Gunturu, Founder & CEO, Petrabytes Corp

© 2018 Petrabytes Corp. All Rights Reserved. 1

Machine Learning Approach for Georeferenced Acreage and Reservoir Evaluation

Page 2: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Presentation Overview

• Concept

• Business Model

• Team

• Underlying Technology

• Example Modeling with RankMyLand™

• Integration with Subsurface Modeling

• Q&A

© 2018 Petrabytes Corp. All Rights Reserved. 2

Page 3: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Smarter Way to Access Land

➢RankmyLand™ provides qualitative ranking of land based on geospatial, surface, geological, subsurface, environmental & infrastructural parameters.

➢Scientific Analysis of Oil & Gas Acreage before its Valuation.

➢Machine Learning Approach using vast information of public and proprietary data and continuously updating over time.

3© 2018 Petrabytes Corp. All Rights Reserved.

Page 4: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Smarter Way to Access Land

➢Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

➢Easy Tool for deciding Ideal Acreage – what, where, how do acreages compare

➢Tool that aids Geologists, Geophysicists, Landmen & Subsurface Modeling Specialists

➢Useful Evaluation Software for Lease Brokers & Private Equity

➢Cloud based Software built on the Petrabytes Workbench

4© 2018 Petrabytes Corp. All Rights Reserved.

Page 5: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Business Model

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Energy Data Management

Energy Data Visualization

Subsurface Data Analytics

Subscription Model

© 2018 Petrabytes Corp. All Rights Reserved.

Petrabytes Workbench as a Service

Modeling Services

Comparative Business Models

Over 200 M Revenuein Q1 2018

Customizable Toolkit

Page 6: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Concept Team & Implementation

• Sashi Gunturu• 17+ Years Oilfield Experience• Baker Hughes & Geomechanics International• MS in Petroleum Engineering and Computer Science• Founder & CEO, Petrabytes Corporation

• Petrabytes Software Development Team

• Independent Advisors from E&P Industry

© 2018 Petrabytes Corp. All Rights Reserved. 6

Page 7: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Underlying Technology – Petrabytes Cloud Workbench

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Geophysicist Geologist Drilling Engineer Prod. Engineer Data Scientist

Sequential Interpretation in silos

Current

Our Solution

United States Patent (9,671,510)

Collaborative Platform for Comprehensive Interpretation

Page 8: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Example Input Data

8© 2018 Petrabytes Corp. All Rights Reserved.

Sample Inputs• Fault Maps• Census Data• Well Info• Production Data• Formation Tops• Other geological info . .

Page 9: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Sample Suitability Model Output

© 2018 Petrabytes Corp. All Rights Reserved. 9

Suitability Model gives scientific validation and acreage focus for detailed valuation efforts

Page 10: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Integration with Subsurface Data

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Structured DataSEGY, LAS, DLIS, LISWITSML, PRODML, RESQML

Data Lake

Unstructured DataReports, Excel SheetsImages, PDFsCustom Formats

Exploratory Data Analysis

Missing Values Fill ups

Outlier Detection

Data Transformations & Units Handling

© 2018 Petrabytes Corp. All Rights Reserved.

Energy Data Management Service

Major Benefits

• Data Cleansing of massive amounts of public data

• Custom Integration with Proprietary data

Page 11: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Integrated Subsurface Model Workflow Summary

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Seismic3D Mesh Model

3D Properties

Core Analysis

Planned Wells

Statistical ModelsSuitability Models

Synthetic Well LogsMapped Lithology

Field Models

Data Repository

Geomechanics Zonal Flow Analysis

© 2018 Petrabytes Corp. All Rights Reserved.

Page 12: Smarter way to assess land · 2018-07-24 · Smarter Way to Access Land Valuable tool for Operators, investors and individual property owners to understand the true value of the land.

Smarter way to assess land

© 2018 Petrabytes Corp. All Rights Reserved. 12

❖ Looking for Collaboration with Private Equity & Lease Brokers❖ Collaboration with Oil & Gas Companies❖ Early Technology Users

For Demo & Trial LicenseEmail- [email protected]