January / February 2006

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1 Dear Valued Customer, January / February 2006 The Petrel Team is proud to continue this Newsletter specific to Petrel Asia/Pacific. Petrel 2005 is out! You will receive CD for the updates soon, please contact your Petrel representative for more information. We hope you will enjoy this new release! This Newsletter will be focusing on: - Highlight of the month - Petrel has now Uncertainty Analysis built in! - Tips of the Month - How to create a Zone log linked to your well top folder? - Tips of the Months - Annotations for map windows? - Workflow of the Month - How to create iso-proportional layer between 2 surfaces? We hope you will enjoy it! Best regards, The Petrel Asia/Pacific Team Petrel Asia Pacific User Forum, 26 and 28 th of April 2006 in Perth. Registrations are open now Please submit your paper Details at the end of this newsletter! 1/8

0 0 0 0 0 2 Highlight of the month - Petrel has Uncertainty Analysis built in! Uncertainty is everywhere: Measurements, interpretation of measurements Structure, geological concept, reservoir fill Upscaling, flow parameters, economics etc. Petrel Mission: Provide an easy to use tool set that facilitates investigation of uncertainty at all levels affecting business decisions NEW This release of Petrel 2005 will include: Integrated Structural Uncertainty for Velocities, Horizons, Zones Uncertainty Process - Easy creation of workflows Variables captured and stored in project - Easy to regenerate a case Smart sampling using Latin Hypercube Multiple Histogram for Sensitivity Analysis Run Manager for Simulation Osprey Risk Plugin - Drilling cost, time and risk uncertainty Merak Economics Plugin - from Seismic to $ 0 0. 1 0.2 0. 3 0 0. 1 0.2 0. 3 0 0.1 0. 2 0.3 0 0.1 0. 2 0.3 Make Velocity Model Prob = 10% 3. 31 84 2 E+7 Prob = 50% 3. 62 51 5 E+7 Prob = 90% 3. 87 00 2 E+7 M ak e Zo ne s Prob = 10% 3. 38 76 1E + 7 Prob = 50% 3. 52 05 6E + 7 Prob = 90% 3. 73 11 4E + 7 Make Contacts Pr o b = 10 % 3.35717E+7 Pr o b = 50 % 3.67304E+7 Pr o b = 90 % 4.02054E+7 F acie s M od elin g Prob = 10% 3.18983E+7 Prob = 50% 3.56009E+7 Prob = 90% 3.85766E+7 Petrophysical Modeling 0.3 0. 2 0.1 0.3 0.2 0.1 0. 3 0.2 0. 1 0.3 0.2 0.1 0 0. 1 0.2 0. 3 Prob = 10% 3. 60 70 1 E+7 Prob = 50% 3. 68 67 6 E+7 Prob = 90% 3. 76 03 5 E+7 0.3 0. 2 0.1 HCPV oil ( ) 2/8

3 Highlight of the month - How to create a Zone log linked to your well top folder? 1. Import all your well tops into a well top folder and make sure you have stored them into the "Stratigraphy Folder 2. Right click under the well top folder and Insert/Update Zone log 3. A new Zone log will appear under the Global Well Logs 4. This zone log will be updated whenever a top is moved or deleted 5. You can use the zone log to run the Calculator or to create different attributes per zone. 3/8

4 Tips of the Month - Annotations for map windows? 1. Go under Insert / New Annotations 2. Under Style, define the colors and font of the text as well as the colors of frame. 3. Under Settings push any data from your project and the name of the object will be taken as default. The text will be positioned at the approximate center with X, Y and Z. 4. For multiple objects the icon Multi drop in the table should be selected. 5. Both X, Y and Z can be modified as well as the name of the object can be manually overwritten or can be copy / paste from Excel. Setting the Angle value manually will rotate the tex t. 6. In a map window select the Annotation and visualize each object. You can move the object and the new position will be updated in the table. 7. By selecting the white arrow and holding Ctrl + Shift, you can rotate each text manually so it fellow a fault direction for example. 4/8

5 Workflow of the Month how to create iso-proportional layer between 2 surfaces? Note: On Surface Calculator dialog, put a surface as a guide for new created surface for resolution reference. This workflow has been created by Nurul Hayat from SIS Balikpapan. Many thanks! 5/8

6 Petrel Asia Training Schedule - February: 15 to 17 - Property Modeling - Jakarta - Indonesia - February: 21 to 24 - Introduction to Petrel - Jakarta - Indonesia - February: 27 to March: 01 - Petrel Property Modeling - Kuala Lumpur - Malaysia - February: 27 to March: 01 - Petrel Property Modeling - Perth - Australia - March: 02 to 03 - Petrel Advanced Property Modeling - Perth - Australia - March: 01 to 03 - Petrel Property Modeling - Perth - Australia - March: 07 to 10 - Introduction to Petrel - Adelaide - Australia - March: 07 to 10 - Introduction to Petrel 25-27 October: - Perth - Australia Petrel Property Modeling - March: 13 to 14 - Petrel Process Manager - Perth - Australia - March: 14 to 17 - Introduction to Petrel - Jakarta - Indonesia - March: 14 to 17 - Petrel for Reservoir Engineers - Kuala Lumpur - Malaysia - March: 15 to 17 - Petrel Property Modeling - Adelaide - Australia - March: 20 to 24 - Petrel for Reservoir Engineers - Adelaide - Australia - March: 27 to 27 - Process Manager - Tokyo - Japan - March: 28 to 31 - Introduction to Petrel - Tokyo - Japan - March: 29 to 31 - Petrel Seismic Visualization & Interpretation - Adelaide - Australia - April: 03 to 05 - Complex Structural Modeling in Petrel - Perth - Australia - April: 03 to 05 - Seismic Visualization and Interpretation - Tokyo - Japan - April: 04 to 07 - Introduction to Petrel - Adelaide - Australia - April: 10 to 12 - Mapping and Scaled Plotting in Petrel - Perth - Australia - April: 18 to 21 - Introduction to Petrel - Jakarta - Indonesia - April: 26 to 26 - Upscaling in Petrel - Perth - Australia Please note that these courses are set up the week following the User Forum in Perth - May: 01 to 01 - Petrel 2005 Update - May: 01 to 02 - Petrel Uncertainty - May: 01 to 02 - Advanced Well Correlation - May: 03 to 05 - Petrel Reservoir Engineering - May: 03 to 05 - Seismic interpretation and Visualization - May: 09 to 12 - Introduction to Petrel - Adelaide - Australia - May: 17 to 18 - Petrel Process Manager - Adelaide - Australia - May: 30 to 31 - Petrel Complex Structural Modeling - Adelaide - Australia - June: 02 to 02 - Petrel Data Management - Adelaide - Australia - June: 06 to 09 - Introduction to Petrel - Adelaide - Australia - June: 14 to 16 - Petrel Seismic Visualization & Interpretation - Adelaide - Australia - June: 26 to 30 - Petrel for Reservoir Engineers Interested in sharing your experience with the other users around Asia / Pacific? Please do not hesitate to make contact with Caroline Le Turdu (cleturdu@slb.com). Many thanks! 6/8

7 Petrel Asia Pacific User Forum and Advanced Training Workshops April 26-28, 2006 - Perth, Australia Intercontinental Burswood Resort User Forum Apr 26 Petrel user and Schlumberger presentations and discussions Apr 27 Petrel user and Schlumberger presentations and discussions Apr 28 Boat cruise along the Swan River, wine tasting, lunch at a vineyard Petrel Advanced Training Workshops May 1-1 Petrel 2005 Update May 1-2 Uncertainty Analysis May 1-2 Advanced Well Correlation May 3-5 Petrel Reservoir Engineering May 3-5 Seismic Interpretation and Visualization Please find detailed agenda and online registration form at the following address: http://www.slb.com/content/about/events/200604_petrel_forum_australia.asp? We are looking forward meeting you in Perth! 7/8

8 Registration form for OSLO training 8/8