slide1
Download
Skip this Video
Download Presentation
The 2011 Barrel Award: Introduction

Loading in 2 Seconds...

play fullscreen
1 / 29

The 2011 Barrel Award: Introduction - PowerPoint PPT Presentation


  • 159 Views
  • Uploaded on

The 2011 Barrel Award: Introduction. 36 th Year. Barrel Award & MSc course schedule. Production Geoscience. Exploration Geoscience. Independent Projects. Utah. Examinations. Term 1. Term 2. Term 3. Summer.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' The 2011 Barrel Award: Introduction ' - earl


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
slide1

The 2011 Barrel Award:

Introduction

36th Year

slide2

Barrel Award & MSc course schedule

Production

Geoscience

Exploration

Geoscience

Independent Projects

Utah

Examinations

Term 1

Term 2

Term 3

Summer

October January April May June July September

Final presentations

Development Geology

Wessex Basin Field Trip

Petropyhsics

Seismic methods

Seismic interpretation

Structural Geology

Petroleum Engineering

Reservoir characterisation

Geostatistics

Reservoir modelling

Wytch Farm Group Project

Sequence stratigraphy

Carbonate reservoirs

Clastic reservoirs

Biostratigraphy

Petroleum Geochemistry

Petrol. Systems Analysis

Basin Analysis

Basin modelling

Seismic interpretation

Advanced seismic methods

Barrel Award

Independent Project

Sequence stratigraphy

Fluvial clastic systems

Coastal-deltaic clastic systems

Fluvial-aeolian clastic systems

Delta tectonics/growth faults

Salt tectonics

Extensional tectonics

Utah-Texas

Field Trip

slide3

Barrel Award History

  • Started in 1976 by Professor Richard Selley:
    • Following early gas discoveries in the Southern North Sea
    • During early oil discoveries in the Northern & Central North Sea
  • Evaluation areas were based on the UKCS Exploration Licensing Rounds (1976-93):
    • Literature-based plus limited well and regional seismic lines
    • Paper-based interpretations with coloured pencils!
    • Strongly exploration-based (e.g. Beatrice Field discovered in the Inner Moray Firth)
  • 1990’s based on digital North Sea databases:
    • 3D seismic & well logs from proven oil & gas fields
    • Focused on near-field exploration (e.g. field extensions)
    • e.g. North Alwyn & Beryl (NNS), Argyll (CNS), Lancelot (SNS), etc.
  • 2000’s regional 3D seismic datasets plus digital well logs:
    • PC-based workstations, basin modelling & other software
    • Frontier &/or under-explored areas (beyond the North Sea)
    • Imperial Barrel Award adopted by the AAPG in 2007 as a
    • global exploration teaching concept (c. 80 universities
    • competing world-wide in 2010)
slide4

Barrel Award Overview

  • To document the tectono-stratigraphic development of a sedimentary basin to allow a detailed assessment of its petroleum potential
  • To analyse the hydrocarbon prospectivity of 11 datasets from sedimentary basins in contrasting structural and stratigraphic settings:
    • regional to sub-regional 2D or 3D seismic dataset
    • 1-5 wells with wireline data
  • The analysis to be worked on by 11 teams of 4-5 students per team:
    • ca. 4 weeks evaluation time: Tuesday 22nd February – Tuesday 22nd March
  • The project integrates all formal teaching from both Terms 1 and 2 ranging from Seismic Interpretation to Reservoir Characterisation, and from Basin Analysis to Source Rock Evaluation
  • Emphasis is on exploration evaluation and basin-scale studies
slide5

Rationale

  • New Business Opportunities (NBO) provide the growth engines for oil companies in the search for increasing their reserves base.
  • NBO often arise as the current operator is prepared to offer an equity stake in the acreage to another company – known as a “farm-out” opportunity.
  • The operator may “farm-out” for numerous reasons, e.g. (1) to dilute equity or relinquish acreage in an area considered to have low potential, (2) to acquire new, more prospective acreage, (3) to finance a drilling campaign elsewhere, (3) rationalise (‘swop’) acreage, etc.
  • To encourage companies to buy-in to the opportunity the operator opens up a “data room” where prospective farm-inees can view the data for a few days, assess its hydrocarbon potential and, critically, assign a value ($$$) to it.
  • This exercise mimics this process but with a significantly longer data viewing period than is typically encountered in the real world…
slide6

The 2011 Barrel Award: Key Players

Exploration Managers:

Alastair Fraser

Chris Jackson

Howard Johnson

Senior Consultants:

Mike Ala (Petrophysics)

Nigel Banks (Basin Analysis & Prospect Evaluation)

Fivos Spathopoulos (Petroleum Systems & Prospect Evaluation)

Technical Advisors:

Lorraine Sobers (Interactive Petrophysics)

AN Others

Exploration Teams (x11):

MSc Petroleum Geoscience students (45)

exploration process defines the barrel award workflow
Exploration Process: defines the Barrel Award workflow

prospect

inventory

uncertainty

seismic

imaging

seismic

attributes

geol

modeling

Play Focus

  • play risk
  • CRS maps
  • success rates
  • basin statistics
  • field size dist
  • analogs

lead inventory

Regional Understanding

play fairway analysis, CRS analysis

sequence

stratigraphy

petroleum

systems

  • basic maps
  • - structure
  • isopachs
  • stratigraphy
  • well data
  • fieldwork

plate

reconstructions

regional seismic

grav & mag

document-

ation

data

management

High-Grade Acreage & Drillable Prospects

Phase 2: Prospects

Prospect level understanding

prospect segmentation/

shotpoint risk (‘surgical

mapping’)

BP (Alastair Fraser) quote:

‘Geology from the bottom up!’

risk

Phase 1: Basins

Fundamental basin/play level & regional understanding

(‘forensic

geoscience’)

structural

styles

Courtesy BP

CRS: Common Risk Segment

slide8

Typical Exploration Work Programme

Wytch Farm Project

Barrel Award

Project

E drill: Exploration well

A drill: Appraisal well

A&P: Acquisition & Processing (seismic data)

FDP: Field Development Plan

slide9

Regional tectono-stratigraphic overview: essential starting point

Regional Tectonic Evolution

Hydrocarbon Occurrences

Doust and Sumner, 2007

slide11

Stratigraphic Framework

Doust and Sumner, 2007

slide13

Dynamic concepts of HC generation, migration, entrapment & preservation

Fault

Traps

Anticlinal Traps

Channel Pinch-Out Traps

Top of Oil Window

Sub-unconformity

truncation traps

Gas Generated

Deeper

(Based on the Miocene of the Balingian Province, offshore Sarawak)

Modified from Dolivo, 1991

slide14

Barrel Award: Aim & Objectives

  • General aim: to document the tectono-stratigraphy of a sedimentary basin in order to assess its petroleum potential
  • Specific objectives:
  • Literature review to establish regional geodynamics/plate tectonics
  • Regional stratigraphic framework, depositional environments & palaeogeography
  • Basin type: classification and tectonic setting
  • Seismic interpretation (key horizons and associated maps)
  • Well log interpretation and correlation
  • Formation evaluation
  • Sequence stratigraphic analysis
  • Reservoir/source/seal evaluation (incl. reservoir thickness and quality maps)
  • Subsurface fluids and pressure regimes
  • Subsidence history and source rock maturation and migration (inc. 1D basin modelling)
  • Play fairway maps
  • Analysis of structural and stratigraphic traps
  • Prospect evaluation
  • Hydrocarbon volumetrics and risk assessment.
slide15

Barrel Award: Methodology

  • The teams are in charge of their technical work and time management
  • The structure is less formal than Wytch Farm, partly due to the diversity of the datasets… and now you’re all more experienced!
  • Morning presentations on key subjects: basin modelling, petrophysics, petroleum systems, play & prospect risking, visual communication, etc.
  • PETROMOD basin modelling seminar (1 member per team)
  • Mid-week visits by senior consultants: day-long visits with individual team discussions (approx. 30 minutes per team)
  • Weekly review meetings with Exploration Managers (Friday pm) to monitor progress, etc.
  • Dry runs: comprehensive feedback on technical analysis, interpretations, presentation quality, etc.
slide16

Schedule & Key Dates

  • Final 25 minute talk on Wednesday 23rd March to a panel of senior oil industry geoscientists
  • Full “dry-runs” on Friday 18th March
  • Technical report: summarises key structural stratigraphic and petroleum potential observations:
    • 20 page text limit (12 pt – 1.5 spacing) not including figures
    • Maximum of 10 pages additional material as appendices
    • Report should be clearly sectioned, bound, numbered and ready-to-read
    • Report handed in to Shashi Luther no later than mid-day, Tuesday 22nd March
  • Assessment: each team will be given a ‘team mark’ which will form part of each individual team member’s assessed coursework
  • Staff feedback: given at the dry-runs and after the final presentations and reports (with marks)
slide17

Presentations Rules & Advice

  • Each team member MUST PARTICIPATE in the presentation
  • Each team decides who does what, but aiming for a balance among all team members
  • The whole class must be present from 8.45 am and in the audience by 9.00 am LATEST (no late-comers allowed in)
  • Staff will assess your performance based on technical quality, thoroughness, imagination, convincing arguments and enthusiasm.
  • Demonstrate commercial & practical awareness in your recommendations: BE REALISTIC
  • Questions restricted to panel members and staff
  • Be professional in ALL aspects of your work, appearance & presentation
  • Marks deducted for spelling & grammatical errors, lack of reference to data sources on slides, lack of clarity (e.g. scales!)
  • Edit screen shots for improved clarity (legible text, scales and scale bars, especially colour scale bars, seismic images with and without interpretation, etc.)
slide18

Barrel Award Industry Panel

The panel will be looking for the following:

Evidence of rigorous and creative technical evaluations

The ability to work to a strict deadline

Effective teamwork (only the team, and not the individuals, are assessed)

Sensible decision-making based on limited data

Lucid, positive & enthusiastic oral presentations

Each team is assessed primarily on technical quality and NOT on overall prospectivity of their area

Each team member has to present and display:

Competence in their particular specialist contribution to the project

Awareness of the impact of their contribution on the overall project

A clear understanding of the overall results of their team\'s effort

Panel will announce 3rd, 2nd and 1st places at the end

slide19

‘Imperial Barrel Award’

at the AAPG European Section Meeting,

Prague, Czech Republic, Saturday 26th March 2010

  • The winning team will be sent on an all-expenses paid trip to
  • the above meeting, representing Imperial College (depart 25th March 2010)
  • Competition among other European & Russian universities, including
  • Moscow State University, IFP Paris, Royal Holloway
  • Winning team will receive a modest cash prize and tickets to another
  • All-expenses paid trip to the AAPG Annual Convention in Houston, USA,
  • on 10-13 April 2011 to compete for the international Imperial Barrel Award

AAPG Europe changed the Prague date to 18th-19th March

slide20

Barrel Award: the ‘Real’ Assessment

  • The Barrel Award constitutes part of your coursework marks
  • You will receive one mark per team
  • Marking is done exclusively by academic staff The external panel is not involved in assigning marks, only selecting the winning team on the day
  • Assessment is in two forms:
  • presentation (50%), and
  • report (50%)
  • This constitutes 20% of your total coursework marks (= 25% of the final degree mark).
slide21

What do we do now?

  • Seismic data, well data and other available material is stored in: student-share on ic.ac.uk\group\foe\ese in the MSc PetGeo Seismic/Barrel 2011 folder.
  • Team folders are labelled and sub-folders can be made within your team folder to store additional collated material
  • It is important to delegate work tasks to each group member early in the project:
    • Data QC and preliminary seismic interpretation
    • Regional literature review
    • Preliminary well data analysis
  • …but prior to this it’s probably a good idea for all group members to look over the different datasets to form a list of “brainstormed” ideas
slide22

Model Exploration Prospectivity Studies

Hawkes, P.W., A.J. Fraser & C.C.G. Einchcomb, 1998. The

tectono-stratigraphic development and exploration history of the Weald and Wessex basins, Southern England, UK. In: Underhill, J.R. (ed) Development, Evolution and Petroleum Geology of the Wessex Basin, Geological Society, London, Special Publication, 133, 39-65.

Doust, H. and Sumner, H.S., 2007. Petroleum systems in rift basins - a

Collective approach in Southeast Asian basins. Petroleum Geoscience, 13, 127-144.

slide23

2011 Barrel Award Teams:

Create a Company Name & Logo

slide24

MSc PETROLEUM GEOSCIENCE COURSE 2010-11

Wednesday 23rd March 2011

PESGB BARREL AWARD PRESENTATIONS

Room 1.31, Royal School of Mines

slide25

2011 PESGB Barrel Award Programme

8.30 am Coffee and Panel Briefing

9.00 am Team 1 (Arouwe Permit North, offshore Gabon )

9.35 am Team 2 (Snøvit West, Barents Sea, offshore northern Norway )

10.10 am Team 3 (Arouwe Permit North, offshore Gabon)

10.45 am Coffee Break

11.05 am Team 4 (Bellatrix Basin, offshore western France)

11.40 am Team 5 (Lower Congo Basin, offshore Angola )

12.15 am Team 6 (Great Australian Bight, offshore south Australia)

12.50 pm Panel members’ discussion session

1.00 pm Lunch

2.00 pm Team 7 (Rockall Basin)

2.35 pm Team 8 (Bristol Bay, Alaska)

3.10 pm Team 9 (Block 5505/17A, Central North Sea, offshore Denmark)

3.45 pm Team 10 (Carnarvon Basin, offshore NW Australia)

4.20 pm Team 11 (Schagen, northern Netherlands)

4.55 pm Panel members’ discussion session

5.30 pm Barrel Award Reception

slide26

2011 PESGB Barrel Award Industry Panel

Steve Garrett, Chevron (Aberdeen) & PESGB President

Iain Brown, Interpretation Director Reservoir, PGS Ltd.

Kevin Purvis, Chief Geologist, Centrica

Emeritus Professor Richard C. Selley, Imperial College (Panel Chair)

Chris Flavell, Chief Geologist, Tullow Oil Corporation (London)

(to be confirmed)

slide27

Acknowledgements

  • We would like to thank the following companies for kindly donating subsurface datasets for use in the 2011 PESGB Barrel Award:
    • AAPG, Australia Geoscience, BP, Hess, Hunt Petroleum, Perenco, Petroleum Affairs Division (Ireland), Rocksource, Statoil
  • Surinder Singh Dio is thanked for his help in data loading and computer support.
  • Jaron Lelijveld (PETROMOD) is thank for running the basin modelling seminar
  • Student demonstrators: Lorraine Sobers and others
slide29

1 – Arouwe Permit North, offshore Gabon

    • Wang
    • Allen
    • Agbegha
    • Carwithen
  • 2 – Snøvit West, Barents Sea, N. Norway
    • Fu
    • Inchenko
    • Hussain
    • Onokwai
  • 3 - Arouwe Permit North, offshore Gabon
    • Phillips
    • Elwaseef
    • Elliott
    • Liu
  • 4 – Bellatrix Basin, offshore western France
    • Alxanarani
    • Zouari
    • Chaytor
    • Afifuddin
  • 5 – Lower Congo Basin, offshore Angola
    • Akande
    • Belote Silva
    • Mort
    • Chebotar
  • 6 – Great Australian Bight, S. Australia
    • Morris
    • Dauletov
    • Wright
    • Le Barbanchon

2011 Barrel Award Teams

  • 7 – NE Rockall Basin, offshore west Ireland
    • Rosindell
    • Shamil
    • Sherwin
    • Marshall
  • 8 – Bristol Bay, offshore northern Alaska
    • Froud
    • Grangier
    • Torregrosa Morales
    • McLay
    • Lewis
  • 9 – Block 5505/17A, offshore Denmark
    • Pilet
    • Hadro
    • Pelletier
    • Hugall
  • 10 – Carnarvon Basin, offshore NW Australia
    • Briggs
    • Holt
    • Jones
    • Gonzalez-Quijano
  • 11 – Schagen, northern Netherlands
    • Hobday
    • Webster
    • Muchangos Dalsuco
    • Whorton
ad