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36th Year
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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
Sequence stratigraphy Fluvial clastic systems Coastal-deltaic clastic systems Fluvial-aeolian clastic systems Delta tectonics/growth faults Salt tectonics Extensional tectonics
2000s 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)
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
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
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
Phase 1: Basins
Fundamental basin/play level & regional understanding (forensic geoscience)
basin statistics - field size dist - analogs
Play Focus
lead inventory play risk - CRS maps - success rates
Regional Understanding
play fairway analysis, CRS analysis
sequence stratigraphy
plate reconstructions regional seismic grav & mag
Stratigraphic Framework
Prospect evaluation
Hydrocarbon volumetrics and risk assessment.
Weekly review meetings with Exploration Managers (Friday pm) to monitor progress, etc.
Dry runs: comprehensive feedback interpretations, presentation quality, etc. on technical analysis,
Assessment: each team will be given a team mark which will form part of each individual team members assessed coursework
Staff feedback: given at the dry-runs and after the final presentations and reports (with marks)
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.)
Each team member has to present and display: 1. Competence in their particular specialist contribution to the project 2. Awareness of the impact of their contribution on the overall project 3. A clear understanding of the overall results of their team's effort
Panel will announce 3rd, 2nd and 1st places at the end
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
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 its probably a good idea for all group members to look over the different datasets to form a list of brainstormed ideas
9.00 am Team 1 (Arouwe Permit North, offshore Gabon ) 9.35 am Team 2 (Snvit 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
2.00 pm 2.35 pm 3.10 pm 3.45 pm 4.20 pm
Lunch
Team 7 (Rockall Basin) Team 8 (Bristol Bay, Alaska) Team 9 (Block 5505/17A, Central North Sea, offshore Denmark) Team 10 (Carnarvon Basin, offshore NW Australia) Team 11 (Schagen, northern Netherlands)
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
1 Arouwe Permit North, offshore Gabon Wang Allen Agbegha Carwithen 2 Snvit 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