The age of extensible platforms

Horacio BouzasOcean Portfolio Manager

Challenges

Adding reserves

Maximizing recovery

Unconventionals

Boosting production

Access to the best technologies

Seamless integration

Fast turnaround

Better collaboration

Diversity of ideas

Industry Technical Challenges

Collaboration brings more ideas into the solution space

Diversity of ideas

Qu

alit

y o

f id

eas

Diversity brings better ideas into the solution space

Diversity Drives Innovation, Donald Fan is senior director in the Office of Diversity at Walmart

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1.5

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2.5

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3.5

0 10 20 30 40 50 60 70 80 90

Bet

ter

Wo

rse

MoreLess

How about diversity?

0

2

4

6

8

10

12

14

16

18In

no

vati

on

Time

No Collaboration

Collaboration only

Collaboration+ Diversity

Diversity Trumps Ability Theorem.Howe, Jeff (2008-08-18). Crowdsourcing: Why the Power of the Crowd Is

Driving the Future of Business (Kindle Location 1727). Crown Publishing Group. Kindle Edition.

Disruptive thinking

Collaboration plus diversity accelerates innovationCollaboration, diversity and innovation

Collaborative and Diverse Ecosystem

Successful solutions to complex industry problems can be provided more efficiently with a

Choices

Users do not want to be locked to a single solution. They want

Platforms + Open Extensibility

Diversity, collaboration and choice are enabled through

We can solve our Industry’s tough problems Together

Collaboration Choice

Diversity

Advantage

Creation

Loop

Challenge

AlternativesUsage

Collaborative and Diverse Ecosystem

Implementations

Oil & Gas Companies

SoftwareVendors

Developers

Users

An Ecosystem for Oil & Gas

Oil & Gas Companies

SoftwareVendors

DevelopersAcademia

Petrel Users

The Ocean Ecosystem

Oil & Gas Companies

SoftwareVendors

DevelopersAcademia

Petrel Users

Dec 2013Dec 2010Jun 2006

Early release to plug-in developersOcean

forPetrel

23

39

46

82

1000s

10000s

20

38

600

1200

The Ocean Ecosystem evolution

2007

5

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

2008

6

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

NextGen Res

Simulator

The ecosystem foodP

etr

el D

om

ain

s

2009

9

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

NextGen Res

Simulator

SeismicWellTie

Studio

Fault Analysis

2010

9

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

NextGen Res

Simulator

SeismicWellTie

Studio

Fault Analysis

2011

9

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

NextGen Res

Simulator

SeismicWellTie

Studio

Fault Analysis

2012

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

NextGen Res

Simulator

SeismicWellTie

Studio

Fault Analysis

Reservoir Seismic

Production

Seismic Processing

Drilling

13

2013

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

NextGen Res

Simulator

SeismicWellTie

Studio

Fault Analysis

Reservoir Seismic

Production

Seismic Processing

Drilling

16

Geomechanics

Developer Tools

UX

2014

Geophysics

Geology

Reservoir

Engineering

Struct Mod

RealTime

NextGen Res

Simulator

SeismicWellTie

Studio

Fault Analysis

Reservoir Seismic

Production

Seismic Processing

Drilling

Geomechanics

Developer Tools

UX

19

Production II

Well Section

Data Analysis

2015

Geophysics

Geology

Reservoir Engineering

Struct Mod

RealTime

NextGen Res

Simulator

SeismicWellTie

Studio

Fault Analysis

Reservoir Seismic

Production

Seismic Processing

Drilling

Geomechanics

Developer Tools

UX

16

Production II

Well Section

Data Analysis

Mocking FWRK

DepoGrid

Unconventionals

22

Ocean for Petrel Domains

Ocean for

Petrel

The ecosystem food

From slow feeding

Platform core functionality

Commercial release

Commercial APIs

To fast feeding

Platform core functionality

Commercial releaseCommercial APIs

Alpha Alpha Alpha

73%

12%

9%

5%

3%

2%

1%

0% 10% 20% 30% 40% 50% 60% 70% 80%

Schlumberger

Halliburton

CGG Veritas

Paradigm

HIS/Petra/SMT

Fugro/Jason

Baker Hughes

Supplier with easiest connection of plug-in technologyto your primary reservoir characterization tool

Plug-ins just increase

complexity, 24%

Plug-ins add value, 76%

Value see in plug-ins to major software platforms"Do you feel plug-ins add value or just increase

complexity"

2013 Welling Report

The Value of Extensibility

Since 2006

Since 2006 2014

Since 2006 2014 2015

The Age of Extensible Platforms

Since 2006 2014 2015 2016+

Thank you

And enjoy the user group meeting!