Drillinginfo Membership...

Copyright © 2015, Drilling Info, Inc. All right reserved. All brand names and trademarks are the properties of their respective companies. 1

Drillinginfo Membership Overview January, 2016


Data

Search, Access, Visualize, Notify, Download

Geol, Geop & Engineering Analysis Tools

Analytics & Benchmarking

DI/Client Data Integration

Services

The World of Drillinginfo


Search, Access, Notify, Predict

Geological, Geophysical & Eng Analysis

Analytics & Benchmarking

Integration

Consulting Services

Land Permits Rigs Wells Logs Completion Prod Pipeline Assets

Geospatial (GIS)

Search/Filter Export Scouting Visualization

2D/3D Seismic Int

.

Geologic Int.

Multi-Variate

Analytics

Microseis Proc & Int

Geosteering & Pad

Planning Well Tops

Unconventional Play Assessments

Operator Benchmarking

Graded Acreage

Best Practices

Economic Analyses

Rigs Analytics

Geospatial (WMS/WFS)

Data API 3rd Party Apps

Install/Config/DB Consulting

Drillinginfo


BASIC PLUS

DI ANALYTICS

DI GEOLOGY

DI COURTHOUSE

GEODATA SERV

DI ENGINEERING

Drillinginfo ISN’T a subscription, It is a CONTINUOUSLY IMPROVING MEMBERSHIP (CIM)


DI DATA QUALITY


“BEST IN CLASS” INITIATIVE

Historical Well Headers- West Texas complete, South Texas in progress.

Current Well Locations- Best In Class via GPS on Rigs.

Fastest Reporting (permits/completions/production/drilling)- Best In Class

Production- Equal

Allocated Production- Best In Class

Completion Detail- Best In Class

Completion Coverage- Targeted Best In Class by Q1 2016

Leasing- Best In Class

Mineral Tract Outline- Best In Class (Legal Description); Pretty- Best In Class Q1

Lease Assignments- Core Best In Class

Courthouse- Best In Class

6

Copyright © 2015, Drilling Info, Inc. All right reserved. All brand names and trademarks are the properties of their respective companies. 7 7

Current Initiative- West Texas

OLD LOCATIONS AND HEADERS 2-8% of older wells UNKNOWN in any other database

County Wells in County DI Wells Not In Any other Database Missing From Regulatory (%) Missing After "Best of Breed" Integration

Reeves 5029 147 18% 6%

Loving 3220 71 16% 5%

Culberson 1521 137 30% 17%

Ward 12314 246 20% 8%

Jeff Davis 36 0 69% 33%

Winkler 10457 503 26% 9%

Presidio 441 2 8% 2%

Hudspeth 121 1 32% 9%

El Paso 24 0 58% 21%

Crane 13006 157 12% 4%

Brewster 99 0 42% 16%

Pecos 16911 288 24% 8%

Ector 22723 33 5% 2%

Andrews 23892 0 8% 2%

Martin 8909 0 3% 1%

Midland 10851 0 7% 2%

Glasscock 6877 0 12% 4%

Sterling 4011 0 14% 2%

Mitchell 7730 0 10% 4%

Howard 12286 0 11% 3%


An Amazing Hardcopy Library we are ingesting. Scout Card Shows…


NEW! DI PHOENIX,

BI DASHBOARD


All of our data/analysis from the logon Gallery…


Online production analytics in Production Workspace


BI Dashboard- Available to All Subscription Levels as a BETA


Drillinginfo Is Today Our Own Largest Client…

PROBLEM: How to Radically Lower the All-In Cost and Increase the Value of Exploiting the Oilpatch?

Has an Event changed the value of a property? Adjoining properties? Properties further away?

Can we quantify that change?

Can we see WHO has been affected by that change?

Has MY property changed value? By how much?

How do I harness the power of my experience to leverage this knowledge?

How do I harness the power of my coworkers and employees?

First, we need GEOLOGY…


DI PLAY ASSESSMENTS


DI Geology Product Line

DI Geology Assessments

DI

Niobrara DI Bakken DI Barnett

DI Delaware

Basin

DI Oklahoma

SCOOP

DI Midland

Basin

DI Eagle

Ford

DI Granite

Wash

Available Now Available Now Available Now Available Now

Available Now Available Now Available Now Available Now


Stratigraphy

Montgomery et al.


Strike (N-S) Cross-section

N S

N S

Flattened on Top of Marble Falls


Project Inventory: Maps


DI ANALYTICS


Eagle Ford Operator Performance Differential (old & new cost structure)

Source: DI Analytics, Deviation based on Max IP BOE/D 20:1 basis

Freeport

Freeport

Freeport

Freeport

BHP

BHP

BHP

BHP

$30/Barrel

$40/Barrel

$50/Barrel

$60/Barrel

$70/Barrel

1%

3%

9%

20%

42%

70%

81%

% of Play Geologic Grade

$24/Barrel

$30/Barrel

$40/Barrel

$45/Barrel

$55/Barrel

OLD NEW


Map Gross Acreage Positions w/ Assignments


Select Wells in the Bakken With Graded Acreage Map

View Drilling Activity by Grade


Select Wells in the Bakken With Graded Acreage Map

View Companies By Their OFS Providers


View Wells and Operators By Chemicals/Proppants/Etc.


GEODATA SERVICES – UNITED STATES COVERAGE

OGC Standard (WMS/WFS) & ESRI Map / Feature Service Formats *

~120 Layers (Q1 - 2015)

Lease Heat Maps

Permit Heat Maps

Rigs (Daily)

LandTracs

Pipelines

Lease Level Production (Rollups Only –

Not By Month)

Completion Information (Summary Only -

Does Not Include Frac/Proppant Details)

Facies Maps

Basin Maps

Geophysical Maps

Surface Geology Maps

Niobrara Geology Studies

Paleogeographic Maps


DI TRANSFORM:

SEMI-AUTOMATIC

INTERPRETATION


Quantify Completion Method ROI

•well 1 (center well) was treated with a 10-ton Mongoose tool in a cemented liner for

a 24-stage completion on a 1300-m lateral. Treatment fluid consisted of Nowferr Iron

Control/Corrosion Inhibitor/Non-Emulsifier/Anti-Sludge, Foam Preventer, with a 15%

Acid Blend. well 2 (easternmost well) used a sliding-sleeve for 16 stages on a 1300-m

lateral. Treatment fluid consisted of a Slurried Gellant, Clay Control Surfactant,

Breaker N, and CXB-2 Crosslinker.

•well 3 (westernmost well) used a 10-ton abrasive jet system in a cemented liner, and

set packers to isolate zones for 24 stages on a 1100-m lateral. Treatment fluid

consisted of Slurried Gellant, Clay Control Surficant, and Breaker N, with a 15% Acid

Blend.


•well 2 this well was also treated at lower average pressure compared to wells 1 and 3. It looks like the slurry rates however were a little higher for well #2

Well 1 Well 2 Well 3


Sliding Sleeve!

50-150% Better Production… (in this case!)


Well Interference Workflow (“Frac Hit”) Predict well interference to optimize well spacing

The well interference workflow uses new tools and multivariant modeling to simultaneously account for the effects of: 1) well seperation distance 2) reservoir depletion 3) completion/stim design 4) geological properties AND 5) predict how new wells will affect existing wells 6) predict new well performance 7) Create a map of total predicted production (new

+ production change)


Well Interference Workflow (“Frac-Hit”)


Highest producing well: 1. Uses ~400 lbs prop/ft

2. Is at least 2250 ft from an

existing well

3. The nearest existing well produced large volumes of oil

4. The nearest existing well has been producing for 200 days or less

5. New well is in prime acreage

Predict Oil Production for New Wells

New Well Production & Dynamic Spacing Analysis


6 Month Actual Oil Production Map 6 Month Oil Native Production Map

(Normalized Engineering)

Example: Eagle Ford, McMullen Co.



6 Month Actual Oil Production Map 6 Month Oil Native Production Map

(Normalized Engineering)

$150 million in engineering costs that provided zero or negative

ROI. $100 million in unspent engineering costs that could have produced

$1.5 billion in additional PV6 value


PREDICTED PRODUCTION MAPS BASED ON TIER 2 DUNN & MCKENZIE NON-LINEAR REGRESSION MODEL

This shows the revenue difference between the 700 lbs/ft model and the 400 lbs/ft model

Assuming:

10,000 ft laterals

$0.20/lb of proppant

$40/bbl return for oil

Red: ~$2MM+ gain Cyan: ~$50k gain Dark blue & purple: revenue loss


Does fault proximity enhance

or inhibit production locally?



Distance to Faults versus BOE



THANK YOU!

Drillinginfo Membership...

Documents

Transcript of Drillinginfo Membership...