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Merak Peep:Petroleum Economic Evaluations

Lourdes R. RodriguezBusiness Development – Merak USLDumont2@slb.com

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Industry Challenges

• Companies require standards and rigor in economic evaluations

• Users want simplicity and efficiency

• Pressure to be more productive faster

• Quest to maximize returns

• Operating Plan affects value

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Schlumberger Solution

• Scalable from the asset to the enterprise

• Efficiency – involve the right people and domains without data duplication

• Integration between economics, planning and reserves

• Simplicity and flexibility in our tools

• Worldwide fiscal systems evaluations

• Worldwide domain experts services and support

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Merak Software Solutions

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Why Merak Peep?

• Want a standard tool at a corporate level

• Need to integrate with RE and PE’s workflows

• Need flexibility for custom workflows

• Want to evaluate international assets

• Need expert support in different areas of the world

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Proven Standards and Scalability

• 30 years in the market

• Over 350 clients around the world (domestic and global operations)

• Over 4,000 professional users per year

- 60% Economists

- 40% Engineers

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Integration between domains

• Reservoir Engineers

• Direct workflow in Petrel through Economic Screening plug-in allows users to bring economics into decision making

• Production Engineers

• OFM to Peep link converts production analysis into meaningful economics information

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Flexible & Customizable

• Customize your workflow with plug-ins

• Create new features

• Make Peep all you want it to be!

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Benefits• More effective and efficient scenario analysis• Faster edits and visual comparison of results• More effective and efficient depletion planning analysis• Faster edits and visual Gantt view analysis of results against

targets

Visualization & Analysis

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Southern Africa (16)

South AmericaAndean (16)

Central Africa (6)

South China Sea (17)Southern Asia (20)

South AmericaAtlantic (20)

Australasia (7)

North Africa (11)

West Africa (15)

Middle East (15)

North East Europe (9)

North West Europe (9)

United Kingdom (1)

Southern Europe (8)United States (8)

Canada (7)

Central Asia (8)

Fiscal Model Library (215 models in 17 regions)

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Schlumberger Customer SupportCustomer Support Portal:

www.support.software.slb.com

Customer Support Line:

1-866-829-0234

E-mail:

customercarecenter@slb.com

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Value

• Complete, integrated workflow for every asset

• Assessments at evert stage of the life cycle, for each participant of the project

• Structured, standard and accurate worldwide economics

Evaluate, Optimize and Manage with Confidence