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ITF Industry Technology Facilitator Delivery New Technology A Proven Process May 2010 Growing Technology Slide 2 ITF is a global not for profit organization owned by oil and gas companies Facilitate technology development through to implementation 150 projects launched; 46m member investment Currently: 40 ongoing projects - 19 million Growing Technology Welcome Slide 3 Growing Technology The Industry Technology Facilitator Slide 4 Aramco BG BP Chevron Total ENI Shell Nexen Petronas Dong Woodside PSN Smith Growing Technology 2009 AGM/Members Meeting Maersk Statoil Weatherford Hess ConocoPhillps Technip Tullow Oil OMV Fugro GE Amec PetroCanada Petrofac PGS Premier Oil Venture Productions Exxon Mobil GDF Suez ITF working in collaboration with the oil and gas industry Slide 5 EOR Technology Tight and Shale Gas, & Coal Bed Methane Drilling Efficiency Completions Technology Produced Fluids Management HPHT (Production) Growing Technology 2010 Technology Challenge Workshops Aberdeen 18/19 August Amsterdam 17/18 March Houston 26/27 May Slide 6 The ITF Process Screen & Evaluate Development Proposals Engage Development Community & Invite Proposals TCW Day With Experts Understand And Identify Technology Needs Implement Technology Launch JIPs Secure Funding Slide 7 Growing Technology Process Timeline Slide 8 Carbonate Reservoirs Subsea - Long Tie-backs Corrosion & Erosion In-Well Communications LWIV Plug & Abandonment Subsea Intervention Imaging in Challenging Environments Growing Technology 2009 Technology Focus Slide 9 Brinker Technology Ltd Back Pressure Platelet Technology Platelets deployed through any valve. Back-pressure resistance and possibly longevity will be addressed by this project. Cost: 110k Duration: 12 months Live Project Growing technology" Back Pressure Platelet Technology Curing Platelets Bonding Platelets Slide 23 Sonavision Ltd Pipeline inspection using advanced acoustic transducer technology combined with positioning system and data analysis software Development of existing RoxPig2 technology will extend the capabilities to inspect the outer part of the pipe wall to detect corrosion and pitting Cost: 246k Duration: 18 months Sponsors: BP, Total Live Project Growing Technology RoxPig3 Slide 24 Growing Technology Overview ISL / Scripps Institute, California Proof-of-concept for an AUV-based deep water gravity system, for the purpose of augmenting current oil exploration geophysical technologies in > 1000m water depth. Status Running:until Feb 2010 Sponsors:Chevron, ConocoPhillips, Shell & Statoil Cost:$775k Exploration Technologies PS3230 AUV-based Gravity Measurements for Deep-water Petroleum Exploration (ADWG) Slide 51 Growing Technology Tight Gas Technologies PS3259-Enhanced integrated geomechanics-seismic model for improvement of lifecycle performance of tight gas sand reservoirs (GESER) Overview Rockfield Software, Leeds & Bristol Development of integrated geomechanical seismic assessment methods to guide production in tight gas sand reservoirs. Status Running:end Nov 2011 Sponsors: ConocoPhillips, Chevron, DECC & Shell Cost: 620k Slide 52 Growing Technology Tight Gas Technology Petrophysics of tight gas sands (PETGAS) Overview University of Leeds Project to create an atlas/database on the petrophysical properties of tight gas sands using state-of-the-art SCAL laboratory (Sorby Lab) Status Running:end October 2011 Sponsors: BG, BP, EBN, Shell & Wintershall Cost: 750k Slide 53 Model Growing Technology Tight Gas Technology PS3260-Simulation of Fracture Treatments and their Productivity in Fractured Tight Gas Reservoirs (FracTGasS) Overview Rockfield Software Ltd Project will address the question - when to target and when to avoid natural fractures with well stimulation treatments? Status Running:until Nov 2011 Sponsors: Shell Cost: 380k