You are on page 1of 17

A $700 MILLION INITIATIVE AT PRESTEGIO

US UNIVERSITIES WORLDWIDE

INDUSTRIAL RESEARCH CHAIRS


IN OIL & GAS RESERVOIR MODELLING
FOUNDATION CMG

• Not-For-Profit Research Company


 30 Years Experience
 $75 Mil Endowment-Like Funding
 Member Led & Directed
 www.FoundationCMG.com
• Fund Research & Grad Students at Universities
 Create Distinguished Research Chairs & Teams
 Research of Oil & Gas Reservoir Modelling
• Result for Industry & Government
 HQP (High Quality People)
 Special Industry Leading Technology
MEMBERS
INITIATIVE

• Premier Researchers
 At Prominent Research Universities
 To Create & Lead Research Teams
• Establish 18 Chairs Worldwide
• A $700 mil Initiative
BUILD RESEARCH TEAMS
AT EACH UNIVERSITY

• Chair – Lead Researcher


• 2 to 4 Professors and Post Docs
• ~25 Grad Students
• Admin

Each University
30 Person Multi-disciplinary Research Teams
Engineers, Geologist, Geophysicist
18 RESEARCH CHAIRS

C #15

C #16
• Chairs Working Independently
C #6

C #5

• Collaborating Frequently
C #17

C #4

C #3

C #18

C #1 • Focus on “Strategic Research


C #2

for Reservoir Modelling”


STRATEGIC RESEARCH PROG
RAM

• O&G Reservoir Modelling


 All Recovery Processes
 Numerical Modelling
 Geostatistics
 Geomechanics
 4D Visualization & Data Handling
14 STRATEGIC RESEARCH
AREAS
• Formulation & Solutions
• Geostatistics, Scaling & Gridding T
echniques
• Geomechanics
• Phase Behavior & Transport Pheno
mena • Multi-Purpose Simulation
• Uncertainty, Optimization & Control • Naturally Fractured Reservoirs
• Visualization & Database Fusion • Carbonate Reservoirs
• Well Domain Modelling • Unconventional Gas Recovery
• Gas Recovery Processes &
Disposal
• Chemical Recovery Processes
• Thermal Recovery Processes
RELIABLE FUNDING
Matching Funding

Catalyst – First In
Industry Consortia $250K / Yr Governments
3x FCMG 2x FCMG
12 Companies @ $62K/Yr
$500K / Yr
$750K / Yr
Each University
Research Team
$1.5 MM / Yr

Leverage
Companies @ 24 to 1 ($1.5 mil / $62K) Government @ 3 to 1 ($1.5 mil / $500K)

Renewal Each 5 Years – Quality Control


BALANCE SHEET ASSETS
COLLABORATE

• With Industry Consortia


 Steering Committees at Each University
• With Computer Modelling Group Ltd.
• With Research Chairs of Other Universities
• With Foundation CMG Technical Symposia
 Chairs & Selected Students
8 CHAIRS ESTABLISHED

UFPE

• UofC – Dr. John Chen


• UofA – Dr. Rick Chalaturnyk
• China Univ. of Petroleum – Dr. Ruihe Wang
• UFPE, Brasil - Dr. Leonardo Guimarães
• UofC – Dr. Mario Costa Sousa
• Colorado School of Mines – Dr. Yu-Shu Wu
• Heriot-Watt Univ. – Dr. Sebastian Geiger & Eric Mackay
• Texas A&M University Qatar
CONSIDERING LOCATIONS
RESULT

• 18 Research Chairs Worldwide @ $1.5 mil


• Approximately $27 mil Annually
• $700 mil Over 25 Years
• 5,000 Graduates Over 25 Years
 PhD & MSc Research
 New Technologies
• Industry & Government Participation
• HQP to Exploit Newest Technology in Ind
ustry
Foundation CMG
Membership Value Proposition
CONTACT

Duke Anderson
President

Phone 403-450-8399
Duke.Anderson@ FoundationCMG.com
www.FoundationCMG.com
Q&A

You might also like