Unique solutions to increase the value of oil and gas projects. be dynamic
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1 Unique solutions to increase the value of oil and gas projects be dynamic
2 Values Our values drive our performance, guide us in how we do business, how we work together, and how we act towards external stakeholders. Commitment to our values is important to all employees in SPT Group. Capable Innovative Bold = be dynamic What does it mean to be dynamic? Dynamic: from Greek dunamikos, powerful; from dunamis, power; from dunasthai, to be able
3 Contents Our capabilities Value creation and safe operations 6-7 Technology areas Flow Assurance and Reservoir Optimisation 8-9 Offshore and onshore solutions Flow applications, Reservoir uncertainty and management Consulting services and training Global Consulting Services and Academy of Petroleum Dynamics Continuous innovation and validation Development, Joint Industry Projects and research partners OLGA, OLGA Online, DRILLBENCH, MEPO, IPOS, edpm, WELLFLO, PIPEFLO, FORGAS, be dynamic and Academy of Petroleum Dynamics are registered trademarks of SPT Group.
4 This is SPT Group 1969 Ekofisk discovered in the North Sea by Philips Petroleum Company 1971 Scandpower established 1980 OLGA development initiated 1989 Scandpower petroleum division established and OLGA89 released by IFE and SINTEF 1993 Scandpower (SPT) was given the right to commercialise OLGA by the owners 1996 First OVIP program initiated 1998 First commercial release of Drillbench A global presence SPT Group is the leader in modelling for flow assurance and reservoir engineering Kjeller Norway Houston USA Hamburg Germany Guildford UK Perth Australia Dubai UAE 7 key software solutions installed sites Global expert consulting team 250 employees 15 offices in 12 countries A trusted industry partner since 1981 be dynamic 4
5 1999 OLGA 2000 released 2004 First commercial release of MEPO SPT Group acquires Petec including Drillbench 2005 Secured the IPrights for OLGA HORIZON I joint industry research program started 2006 Scandpower Petroleum Technology becomes SPT Group MEPO 3 and OLGA 5 released 2008 HORIZON I completed and HORIZON II started 2009 CO2 module for OLGA launched Drillbench 5 released 2010 SPT Group acquires NEOTEC OLGA 6 released Phase 7 of OVIP program initiated 2011 CO2 VIP Joint Industry Project OLGA 7 released Bergen Norway Mexico City Mexico Sandvika Norway Moscow Russia Kuala Lumpur Malaysia Stavanger Norway Calgary Canada Beijing China Rio de Janeiro Brazil 5
6 Our capabilities Value creation and safe operations SPT Group is the leader in modelling for the oil and gas industry. Our highly skilled professionals worldwide deliver advanced software and consulting services to help our customers solve multiphase flow and reservoir engineering We believe in depth over breadth. We focus our solutions in two critical areas for the upstream oil and gas industry: flow assurance and reservoir engineering. We aim to be the obvious choice for customers in these areas. challenges. Our dynamic multiphase simulation software, OLGA, is the Our life-cycle solutions are built on advanced scientific research. Customer supported innovation and research has been at our core for more than 30 years. SPT Group has, over this long period, successfully transformed R&D into software most trusted flow simulation software. We have successfully expanded OLGA s capabilities to real-time production through OLGA Online. We continuously develop applications to solve the world s most complicated flow assurance challenges. solutions and consulting services that deliver trusted insight and real impact. We have the leading dynamic and steady state flow simulators covering drilling, wells, pipelines, and complex gas fields. Drillbench, WELLFLO, PIPEFLO, and FORGAS complete the range of SPT Group s unique simulation tools. Reservoir optimisation Well dynamics Flow assurance 6 Drilling operations Process simulation Online management
7 We help reservoir engineers make better decisions. Reservoir engineering departments are under increasing pressure to deal with more data, more scenarios, more complex models, and shorter turnaround times. MEPO integrates the tools used in common work processes and automates tasks using advanced methodologies to deliver better and quicker results. We don t just deliver software. Our team of highly competent and objective consultants are experts in using our tools to help our customers address their most difficult challenges. Our consultants have delivered industry-changing innovation by working on real-world problems for our customers. We help industry leaders to succeed. We work with the leading companies in all segments of the industry including oil and gas companies, engineering firms, equipment vendors and service providers. We support our customers from fourteen global locations. All our locations offer a high level of support, training, service and sales to secure an on-going relationship with our customers and partners. We complement our network with selected agents and partners. We invest heavily in R&D higher than most comparable firms. We are driven by our values to deliver the most capable, innovative and bold solutions to our customers. 7
8 Technology areas Flow Assurance We develop and deliver accurate, versatile and proven simulation software for understanding and designing multiphase flow systems. SPT Group is the leading provider of multiphase flow technology, thanks to more than 30 years of customersupported innovation. Since 1981, our life-cycle simulation solutions have helped customers to maximize value generation and reduce risk. Our flow assurance solutions help customers realize value throughout the field lifecycle through accurate design, improved planning, maximized production, and safeguarded operations. Reservoir Optimisation MEPO has become the industry reference for incorporating modelling uncertainties in development planning of both greenand brownfields since its release in MEPO covers simulation management, advanced global optimisers, experimental design, proxy modelling and statistical methodology - making it a powerful tool for all projects targeting improved production, recovery and reservoir management. efield production management Blow out control (ABC) We provide critical decision support, training and knowledge development through a global community of leading advisors in flow assurance, wells and drilling. SPT Group s solutions enable cross-disciplinary workflows for drilling, well, pipeline and subsea processing by applying the core technology throughout asset life. Hydrate predictions Drilling & well operations Reservoir optimisation Wax prediction & pigging Multiphase flow C Thermal transients 8 Inhibitor management
9 Products MEPO makes it possible to develop alternative high-quality realisations of production forecasts. This has proven critical in a series of SPE surveys and comparison projects. MEPO is steadily proving its value-add in a range of new application areas catering to industry demands and standards. This confirms SPT Group s commitment to continuously develop innovative solutions for our customers. Dynamic simulator for engineering of flow of oil, water and gas in wells, pipelines and receiving facilities. Steady state simulator for flow assurance issues in single pipelines and complex networks. PIPEFLO Dynamics combines steady state with dynamic simulations. Dynamic and steady state simulator for advanced drilling engineering and well control. Steady state simulator for well production and UBD/MPD analysis. ompositional changes Subsea separation CO 2 transport and storage The modelling centerpiece for flow management in integrated operations. One of the most reliable and efficient solution to model some of the largest gas fields in the world. Multiple realisations for robust prediction of reservoir performance, history matching and forward modelling. Multiphase boosting Slugging challenges Corrosion prediction 9
10 Offshore and onshore solutions Flow applications We develop and deliver accurate, versatile and proven simulation software for understanding and designing multiphase flow systems with the following value propositions: Pipelines: Our complete steady state to dynamic simulation workflow enables efficient and accurate design, verification, analysis and solutions for complexities in flow assurance. OLGA is the de-facto market standard for dynamic simulation of wells and pipelines for all major operators and engineering companies. Reservoir uncertainty and management MEPO is a step change in the reservoir engineering workflow and integrated asset modelling workflows. MEPO works in harmony with your existing software, is simple to understand and yields improved efficiency, quality and transparency when facing: Sensitivity studies Simulation analysis Assisted history matching Production forecasting Uncertainty quantification Production optimisation Asset and field management Depletion planning Drilling campaigns Drilling and Well control: We help our customers to drill advanced and challenging wells faster and safer. Our platform for drilling operations covers planning, training, drilling and postdrilling analysis. Wells: We optimize well performance, integrity and safety for both planning and operations. Liquid loading 10 Subsea processing: Our software enables the design and verification of subsea processing modules including pumping, separation, boosting and control. E-field: Our solutions for real-time production and drilling are industry standards. An experienced team delivers custom multiphase flow production and training systems enabling our customers to: Optimize production and OPEX by solving field specific flow challenges in real-time and through near-term look-ahead predictions Achieve faster and safer drilling operations through real-time solutions Use flexible, user friendly, open and robust solutions for integrated field operations and realistic training MPD ERD Stagnant mud Liquid accumulation HPHT Thermal effects Slugging & surges Artificial lift Cross flow
11 Customer quotes With the growing complexity of current well developments and well interventions, OLGA has become a very useful and required prediction tool to help us design challenging production systems and prepare tricky well interventions. Its good consistency with field observations has granted OLGA a high credibility. OLGA doesn t replace the engineer s analysis but can allow him to perform high quality studies of well flow transients. OLGA s name has become a reference in well operations support. Jacques Marty - Well Performance and Operations Support engineer, TOTAL E&P Deep Water Dual Gradient BG has chosen MEPO as the best software to launch uncertainty-based reservoir modelling workflows across the group. We wanted a single end-to-end tool to implement these new workflows, and we have been very pleased with the impact it has had on our business. Steve Griffiths, Head of Reservoir Engineering, BG Group OLGA allows me to flexibly model almost any flowpath, and accurately track all the flowing components as well as pressure and temperature changes along the well with respect to time. Working with OLGA on transients in a well is like replacing the steel pipes with the transparent ones. Murat Kerem, Production Engineer, Shell Global Solutions International WWCI currently uses Drillbench to assist our clients with critical well planning and resolution of well control problems. The simulators in Drillbench are versatile and realistic. They provide practical tools for kick analysis, dynamic kill and other aspects of engineering for well planning or emergency response operations. They represent a significant addition in the advancement of well control technology. Wild Well Control Inc The Snøhvit field would not have been realised without the results from OLGA. The complexity of transporting unprocessed gas/condensate 140 km to shore through multiphase transportation was essential for the viability of the project. Terje Overvik, former Executive Vice President, Head of Exploration & Production, Statoil Depleted Zones Near wellbore effects The OLGA has proven its potential to improve field operations, increase production and capital revenue with less cost investments. Saudi Aramco
12 Consulting services and Training With more than a 20-year history of successful consulting projects, SPT Group is the trusted advisor resolving flow- and reservoir challenges. Our services business comprises one of the largest teams in the world working with well and pipeline flow assurance and reservoir optimisation. SPT Group can undertake projects in our clients offices or in our own premises where we have access to a range of powerful tools to ensure rapid turnaround on large projects. Our focus and commitment is to provide: Complete project life-cycle capabilities Highly experienced and competent teams with independence and objectivity Our consultants work closely with our software R&D teams and are at the forefront of solving the most complex flow and reservoir simulation challenges. We apply this knowledge and train our customers to secure the full value from their investments. We help our customers to: Realize value through highly competent and objective specialists with a strong record of solving challenges Benefit from specialist consultants with competence from conceptual field development through abandonment Gain access to the entire SPT Group technology portfolio and in-house experts Enable early adoption of new developments and realize the possibility to expand software towards new application areas User group meetings and training courses Practical solutions and insight Through annual product user group meetings (UGMs) in selected locations, we share practical use-case presentations and development scenarios, involve our users in the future of our products and seek to harness the momentum of an evolving technology through direct feedback. Our training courses are driven by relevant, practical exercises supported by experienced instructors. These courses give our customers the insight and ability to utilize the immense potential of our tools. Courses: OLGA Flow Assurance Advanced Flow Assurance Well Dynamics with OLGA Advanced Blowout Control Drillbench Dynamic Hydraulics Dynamic Well Control MEPO Introduction to MEPO Advanced MEPO FORGAS Introduction to FORGAS 12
13 Career in SPT Group Areas of expertise Flow Assurance Drilling Hydraulics Well Control Well Dynamics Production Management Reservoir Optimisation History Matching Uncertainty Assessments We have opportunities for professionals who can take an active role in our success, and we offer exciting career opportunities in an international business. SPT Group is an international company with fifteen offices distributed around the world. As a successful, growing company, we are always looking for bold, capable and innovative people that enjoy the dynamics of an international environment. At SPT, you would be a part of a highly competent group of people as almost 80% of our employees have a master s degree or higher. Read more about career opportunities on our web-site: sptgroup.com/career WELLFLO Introduction to WELLFLO WELLFLO UBD/MPD Applications PIPEFLO Introduction to PIPEFLO Introduction to PIPEFLO Dynamics 13
14 Continuous innovation and validation A fast-track for making industry supported R&D efforts available to the market on a sustainable software platform. Our commitment is to work with the leading individuals and companies in our areas of expertise to continuously develop and improve our products - delivering technology that meet needs of the future. In the early 1970 s, research in the nuclear field was adapted to the demands of flow assurance in the oil industry - OLGA was conceived in the laboratories at the Institute for Energy Technology (IFE) and SINTEF. In 1993, we were awarded the privilege of commercialising and maintaining the product. Since then, we have championed numerous R&D projects to ensure continued development and innovation around OLGA. In the OLGA Verification and Improvement Project (OVIP), we have, in conjunction with the oil industry, collected the world s largest database of lab and field data. This data has been used to validate and adapt the multiphase flow models. OVIP data is continuously used to improve the core of our technology to even better match the realities of operations. Based on more than 15 years of drilling research from Rogaland Research in conjunction with major oil companies, Drillbench provides a combination of steady-state and transient models verified extensively against actual data and proven through field implementation. SPT Group is continuously updating Drillbench in combination with our OLGA technology to provide state-of the-art solutions for drilling challenges. Our steady-state technology was originally developed in 1968 based on research at the University of Calgary. At the request of industry, PIPEFLO, WELLFLO and FORGAS became The Institute for Energy Technology (IFE) OLGA was initially conceived and developed by Dr. Dag Malnes and Dr. Kjell Bendiksen at the Institute for Energy Technology (IFE) in Kjeller in Dr. Bendiksen wrote the first version of the code, which was named OLGA, in May IFE has had, through the history of OLGA development, an independent experimental role in providing data for modelling of special flow phenomena. IFE has a three-phase flow laboratory where important experimental data used in OLGA models have been collected. 14 SPT Group (then Scandpower) was tasked with the commercialization of OLGA in 1993, and obtained the full intellectual property rights to the product in IFE remains one of our closest and most important partners - ensuring that OLGA is based on state-of-the-art research and development.
15 Major R&D projects: available for commercial use shortly thereafter. Since then, we have taken full advantage of our expertise in single and multiphase flow and continued their development to remain the steady-state software of choice for many of the leading oil, gas, service, and consulting companies. Improve CO 2 functionality in OLGA. Industry participants: Chiyoda - Inpex - Petrobras - Petronas - Shell - Statoil Conceptual developments and research on MEPO started at the Technical University of Braunschweig, Germany, in the early 1990s. SPT Group secured its rights in 1999 and developed the technology for use in reservoir simulation through establishing a link with Eclipse. The technology was developed for commercial use through a Joint Industry Project (JIP) with ENI, Hydro, Statoil, and Total started in The first commercial version of MEPO was released in SPT Group continues research and validation to ensure cutting edge results and expand the capabilities of the solution. Other initiatives ROCX - Modelling the dynamic wellbore interaction to increase the quality of inflow regimes in OLGA. The FACE project (Multiphase Flow Assurance Innovation Centre), at IFE in Norway The Tulsa University Fluid Flow Projects (TUFFP) Center for Hydrate Research at the Colorado School of Mines. Verify and improve the accuracy of the flow model using actual field data Industry participants: BG Group - BP - ExxonMobil - Petronas - Repsol - SaudiAramco - Statoil - Total - Woodside Address problems related to the cost-effective development and safe operation of long distance gas-condensate transport and long distance transport of oil well-streams. Industry participants: Chevron - ConocoPhillips - ENI - ExxonMobil - Statoil - Shell Develop enhanced optimisation techniques and workflows in MEPO that apply to production optimisation and field management. Industry participants: BG Group - ConocoPhillips - ENI - Statoil 15
16 SPT Group is the world leader in dynamic modelling for the oil and gas industry. Employing highly skilled professionals worldwide, SPT Group provides a combination of software and consulting services within multiphase flow and reservoir engineering. contact@sptgroup.com Australia, Perth Tel: Norway, Oslo Tel: Brazil, Rio de Janeiro Tel: Norway, Bergen Tel: Canada, Calgary Tel: Norway, Stavanger Tel: China, Beijing Tel: Russia, Moscow Tel: Germany, Hamburg Tel: UAE, Dubai Tel: Mexico, Mexico City Tel: UK, London Tel: Malaysia, Kuala Lumpur Tel: USA, Houston Tel:
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