ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher...
Transcript of ZoneVu - EnerCom Dallas · Wells Drilled in DJ Basin •More confident landings •Higher...
Cloud Solution for Geoscience & Horizontal
Drilling
ZoneVu
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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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Opportunity
• Industry needs higher margin laterals
• Geoscience can help, but data overload
• Cloud software to the rescue
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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
Hot Quadrant DetailCloud Based Products for Resource Play Workflows
5EngineeringGeoscience
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Corva
Well Data Labs
ZoneVu
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
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
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
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
Advanced 3D Visualization in a Browser
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Full-featured Geosteering in a Browser
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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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