Overview and Introduction

1. Overview and Introduction Regional SIG Meetings March 22-23, 2006, Houston, Texas June 13-14, 2006, Stavanger, NorwayJune 20-21, 2006, Aberdeen, Scotland

2. Regional SIG Meeting Roles • All • Maximize value delivered from POSC to industry and from industry to POSC • POSC and SIG Members • Maximize value delivered from POSC to members and from members to POSC • Translation: • Learn what’s cooking and get involved • As a patron, a server, a chef, a supplier, a manager, … • Contribute items you need/want for “tomorrow’s” menu. • As a champion, subject expert, connoisseur, cook, or guest

3. Overall Standards Process

4. Success Factors • Collaboration – steer [just] clear of competitiveness • Value – neither theory nor art are sufficient reasons, must enhance real business advantages • Change Agency – standardization requires change • Innovation • Resources • Marketing • Planning • Execution

5. Oct 17-19 Events • Public Seminar and Vendor Exhibition (Oct 19, Thursday) • Current reports from actual experiences and plans from oil companies, service companies, and software companies. • SIG Working Meetings • Technical Teams • We address implementation feedback and continuing detailed specification issues • Use Case and Requirements Team • We address possible future areas of focus: drilling reports, completions, environmental, well services, well stimulation, service rig reporting. • Implementation Support Team • People supporting WITSML-enabled environments share lessons learned and current issues and challenges.

6. May 19: WITSML Public Seminar • Meeting Host: BP • Exhibitors (from May 2006) • Baker Hughes, IDS, INT, Knowledge Systems, Merrick Systems, Paradigm, POSC, Roxar, Schlumberger, SDC Geologix, Sense Intellifield, Smith Bits, Wellstorm Development

7. June 14 & 20 and Oct 20: Integrated Production Operations SIG Meetings • June 14 – Stavanger (NPD) • June 20 – Aberdeen (ExxonMobil) • October 20 – Aberdeen (BP)

8. Meeting Plan • Jan 11. India. Preliminary Geophysics and WITSML Deployment meetings • Mar. 22-23. Houston. SIG Meetings • May 9-12. Houston. WITSML and IntOps Events [SLB host] • June 13-14, 20-21. Norway and UK. Regional SIG Meetings • Sep. 19-20. Houston. SIG Meetings • Oct. 17-20. Europe. WITSML and IntOps Events [BP host] • Nov. 8. Houston. Annual Member Meeting • Nov. 28-Dec. 1. Europe. Regional SIGs (2 locations)

9. Standards Activity in 2005 and 2006

10. Drilling Portfolio Drilling (WITSML) SIG Facilitation, ’06 10%

11. WITSML Drilling: Vision • Now • Mainly geosteering support • Mainly straight-through source to operator • Usage • Statoil and Hydro 100%, • 2+ Majors High-end Wells, • 1+ Major Significant use by early ‘07 • +2 or 3 Years • Broader range of business processes • Sufficient maturity for aggregation/QC by service companies • Greater usage by operators • Quantification • Considering profiling WITSML Drilling benefits in terms of project costs and savings for typical drilling projects

12. E&P Subject Areas: WITSML Coverage Board Economics Reservoir Production Engineering Geology Expl Petrophysics Petroleum Geology Engineering Drilling Production Facilities Engineering Engineering Engineering Drilling Completion & Production Geophysics Operations Workover Operations Can we use this image to portray the growth in WITSML coverage?

13. E&P Subject Areas: WITSML Coverage • WellPath • Well Wellbore • Trajectory • CRS, Projections • Units of Measure Board General Economics Reservoir Log,WellLog Production Engineering Geology Expl Petrophysics Petroleum Geology Engineering Network Model Volume Report Activity Report Drilling Production Facilities Engineering Engineering Engineering Drilling Completion & Production Geophysics Operations Workover Operations Enhancements for Production beginning with Volume and Activity Reporting, continuing with PRODML towards Optimization.

14. E&P Subject Areas: WITSML Coverage Board General Economics Reservoir Production Engineering Geology Expl Petrophysics Petroleum Geology Engineering Drilling Production Facilities Engineering Engineering Engineering Drilling Completion & Production Geophysics Operations Workover Operations At a future time, we could consider the viability of data exchange Standards for facility data, reservoir data, economics data, etc. filling out the E&P space.

15. What’s in a Name? epiXML Family epiXML Board Economics Reservoir Production Engineering Geology ?ML ?ML Expl Petrophysics Petroleum Geology Engineering PRODML Drilling Production Facilities ?ML Engineering Engineering Engineering ?ML WITSML Drilling Completion & Production Geophysics Operations Workover Operations Regardless of the naming pattern, this is one integrated Standards Family with a great deal of reuse and consistency.This anticipates a successful integration of PRODML results.

16. Production Portfolio Production (Integrated Operations) SIG Facilitation, ’06 8%

17. Production Portfolio: Vision • Now • Daily Reporting to Partners: • Ready for Public Review, Deployment starting in Norway • PRODML Work Group due to complete end of August • Three basic optimization use cases: specifications and pilot testing • Distributed Temperature Survey Standard published • Field deployments by BP and Shell (Lios, SLB, Weatherford) • +2 or 3 Years • Co-existence with / adaptation for OPC Foundation UA • Integration of Optimization and Reporting • Beginning of Automation of Administration, Scheduling, etc. • Integration with Equipment and Facility reference standards • Quantitative / Qualitative Value • Baseline in ’07.

18. Geology Portfolio Geology (PWLS) SIG Facilitation, ’06 4.5%

19. Data Management Portfolio

20. Data Management Portfolio Data Management (DSS) SIG Facilitation, ’06 1.8%Liaison 0.2%, Outside 1.0%, Help 0.5%

21. Regulatory Portfolio

22. Geophysical Portfolio Geophysical SIG Facilitation, ’06 2%

23. Alan Doniger, POSC Chief Technology OfficerEmail: Doniger@POSC.orgPhone: +1 713 267-5124Fax: +1 713 784-9219http://www.posc.orghttp://www.witsml.orghttp://www.prodml.org