ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher...

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Cloud Solution for Geoscience & Horizontal Drilling ZoneVu 1

Transcript of ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher...

Page 1: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

Cloud Solution for Geoscience & Horizontal

Drilling

ZoneVu

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Page 2: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

Ubiterra

• Located in Downtown Denver• ZoneVu

• First browser app for drilling and geosteering horizontal wells

• Proven product / Post Revenue• Initial market penetration phase

• Crossing-the-chasm

• Founder’s 4th Company• Known for Oildex and SeisVision products

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Page 3: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

Opportunity

• Industry needs higher margin laterals

• Geoscience can help, but data overload

• Cloud software to the rescue

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Page 4: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

New Hot Market for E&P Software

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Resource PlaysConventional Plays

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ZoneVu

SES

Starsteer

Kingdom

Petrel

Landmark

Geographix

DUG

SeisWare

OpenDTect

New Hot QuadrantCloud apps for drilling & completion of horizontal wells

Old Hot Quadrant

$1 billion

CorvaWell Data Labs C

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Real-time workflowsAhead-of-time workflows

Page 5: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

Hot Quadrant DetailCloud Based Products for Resource Play Workflows

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Corva

Well Data Labs

ZoneVu

Page 6: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

Hot Quadrant DetailCloud Based Geosciences Products Market Size

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Market Size Estimates (per year)• $200 million (as % of geoscience workstation software market)• $150 million (amt spent on geosteering services)• 50,000 AAPG + SEG members• Horizontal rig count

Geoscience

Page 7: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

ZoneVu™ Cloud Application

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Makes horizontal drilling workflows transparent across E&P company

• Browser-based• No software to install• For use across organization• Centralized data storage

• Geology & Geophysics Focus• Advanced Geosteering• Advanced 3D Seismic Visualization• Live view of drilling well for all

• Real-time connection to Rig• Drilling Dashboard for Geoscientists

ZoneVu Cloud Application

Geosteering

Drilling Viewer with 3D Seismic

Shared Geospatial Database

Multi-user Foundation

RigStream

Page 8: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

RigStream™ Cloud Service

Easy access to live drilling data

• Runs in Azure Cloud

• Continuous contact with rig 24/7

• Easy-to-access copy of Live drilling data

• Fully automated rig data in ZoneVu

• Web API for 3rd party applications Drilling Rig

WITSML

RigStream

RigStream API

Page 9: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

ZoneVu™ Cloud Application

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Customer Reported Benefits after 250 Wells Drilled in DJ Basin

• More confident landings

• Higher percentage in zone

• Better awareness of geohazards

• Fewer sidetracks

• Saving ½ day on drilling time

• Easier well planning and reviews

• Better access to geoscience POV

ZoneVu Cloud Application

Geosteering

Drilling Viewer with 3D Seismic

Shared Geospatial Database

Multi-user Foundation

RigStream

Page 10: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

Advanced 3D Visualization in a Browser

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Page 11: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

Full-featured Geosteering in a Browser

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Page 12: ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher percentage in zone •Better awareness of geohazards •Fewer sidetracks •Saving ½ day

ZoneVu Opportunity

Entering Market Penetration Phase

• Operators…• Happy to show it to geoscience department

• Do a trial

• Capital Providers…• Let’s talk about partnership opportunities

• I am available for 1-on-1 meetings and attending cocktail reception

www.ubiterra.com

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