What would you like to talk about? Background fast and furious:

(1)

Seminar Outline

• What would you like to talk about?

• Background – fast and furious:

– Brief bio and personal job experience

– Jobs in the “Oil Patch” through a Chevron lense

• Q&A

DOC ID PCH – UCB – E&PS 1-08 DOC ID PCH – UCB – E&PS 1-08

(2)

Paul Henshaw: Short Bio

• Education:

–

BA Geology (UCB, 69), MS Oceanography (UW, ’75), PhD Oceanography

(UW, ’78)

• US Navy: Active Duty ’69-’72, Reserve ’72-’94, Retired ’07!!

y

,

–

Oceanography, ASW

–

Communications, Engineering, Control of Shipping

–

ONR: Satellite Oceanography, Project Management

Chevron: Exploration & Production Technology ’77 ’06

• Chevron: Exploration & Production, Technology ’77-’06

–

Geology/Geochem R&D

–

Geology/Geophysics E&P

–

Technology Supervisor: Tech Co and OPCO

–

E&P Asset Manager/Tech Manager

–

Technology and Research Manager

• FUN: K-12, University, Life

K 12 programs: Denver Calgary Bakersfield SF Bay Area; AAPG/AGU

–

K-12 programs: Denver, Calgary, Bakersfield, SF Bay Area; AAPG/AGU

–

Geology & Physical Science Instructor: Cal Poly Pomona, CSUF, CSUB,

USC

–

Coach & Referee: Soccer, Baseball

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hiki

i

di i

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kii

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–

Marriage, Family, hiking, swimming, diving, tennis, skiing, reading, …

(3)

Where in the World has Paul worked?

(4)

Reservoir

Characterization:

Sedimentology

Fluid Flow

Computer Simulation

Sedimentology

Fluid Flow

Computer Simulation

Characterization:

Reservoir Characterization focuses on data integration to model

reservoir architecture and flow properties

Computer Simulation

CUM

PROD

TIME

Rock & Fluid Properties

Seismic visualization

Rock & Fluid Properties

Seismic visualization

Interpretation aids

Seismic visualization

Geologic modeling

Outcrop studies

Seismic visualization

Geologic modeling

Outcrop studies

Fracture characterization

Production data inversion

Fracture characterization

Production data inversion

Geostatistics

Upscaling

Geostatistics

Upscaling

Production Optimization

QUANTIFIED UNCERTAINTY

Volumetric and reserve

estimation

Volumetric and reserve

estimation

Geosteering

Reservoir

simulation

Reservoir

simulation

TEAMWORK

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WBU HEAVY OIL TEAM

TECHNOLOGY

DEVELOPMENT

PROCESS

TECHNOLOGY

HOT Portfolio

Universities & Nat’l Labs

PHASE 1

PHASE 2

PHASE 3

PHASE 4

PHASE 5

PHASE 6

PHASE 7

PHASE 8

Select Candidate Fields Team Decision Maker Team Decision Maker Team Decision Maker Team Decision Maker Team Decision Maker Implement Pilots Team Decision Maker Choose best application Team Decision Maker Team Decision Maker Modify Program Approve Expenditure GO-36 Approve Lab Tests Approve field test / pilot Final Evaluation

“Managing Expectations”

Heavy Crude Value

Upgrading Deep Cut

Minimize Reservoir Related Problems

Facies X-Well EM 3 phase C/O GEOLITH Finder Oil Viscosity Logging

Development Strategies

Profile Control

Multi-lateral Horizontal CHEARS

Wells Wells Simulations

Microwave

Cold Production

Alternatives to Conventional Steam

Acoustic Downhole Steam In Situ Excitation Generation Combustion

Ultra Sonic Steam Meter

Reservoir Management and Production “Tools”

Idea or Concept Proto-type Unproven Tested Proven Commonly Applied Operate &

4D Geophysics

CHEARS Producing Rules

Sand Control

Splitigator SCADA

Downhole Fiber Optic HIVAC Pumps Fiber Optic POC’s Steam Quality Pressure Sensors Temperature Sensors

Work Team Focus Items

Idea or Concept Proto type Unproven

Technology Technology Technology

y Accepted Technology Technology Evaluate •Develop theories •Evaluate for soundness •Design proto-type •Review OPCO needs

•Align with OPCO need •Identify sponsors •Design field trial

•Conduct field trial •Review results •Revise design •Run economics

“Buy it and Apply it”

•Match w/ need •Fine-tune application with pilots •Review results •Run economics •Finalize design •Run economics •Write GO-36 •Implement full-scale program

₁₉₉₆

Progress

(6)

What is R&D in Industry?

Upstream

Growth

Focus Areas

Exploration

Deep Water Development

G

Exploration

Deep Water Development

Reservoir

Well

Health

Reservoir

Well

Reservoir

Facilities

Gas

Heavy Oil

Gas

Heavy Oil*

Base Asset

Focus Areas

Reservoir

Well

Systems

Operations

& Reliability

Health,

Environ. &

Safety

Reservoir

Well

Systems

Reservoir

Management

Facilities,

i Fi ld

i-Field

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HC Optimization

Transformational

Focus Areas

i-Field

Transformational Technologies

(IT, Molecular, Measurement, Adv.

Energy & Emerging)

i-Field

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Transformational Technologies

Information Technology

Molecular Transformations

Advanced Energy

E

i

& Whit S

Emerging & White Space

Measurements & Chemistry*

(7)

So, what was important for me?

TEAMWORK

• College:

– Good friends, know some professors (should have done more)

TEAMWORK

,

p

(

)

– Develop a good foundation in math/science, language, history

– Geology - everything you can cram in - Geol/Geophys

Learn to think

– Learn to think

• Grad School

– Good friends, extracurricular activities

– Know some professors well, develop mentors

– Focus on specialty, but broaden fundamentals (math, physics,

chemistry, languages/computers??)

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p

)

• Job

– Figure out what you like and do it!!!

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t

– Develop mentors

(8)

Lay of the Land

in the Oil Patch

2000

25

in the Oil Patch

2005 20 25 5 10 15 20 2010 20.0 0 5 10 15 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-60 60-64 0 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-60 60-64 2015 4 0 6.0 8.0 10.0 12.0 14.0 16.0 18.0

History

10 15 20 25 0.0 2.0 4.0 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-60 60-64

Future

2020 15 20 25 0 5 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-60 60-64

Future

0 5 10

20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-60 60-64

SPE Age Demographics

(9)

Demographic Projection

Earth Scientists similar trend

20

25 So what is in it for you?

15

20 '10

'15

10

15 Good Times !

5

10

0

5

0 20-24

25-29

30-34

35-39

40-44

45-49

50-54

55-60

60-64

(10)

A World-Class Global Energy

Company

p

y

180 t i

Sixth Largest Global Company (Revenues $204.9 Billion)

180 countries

62,000

employees

12 billion BOE net proved

b o

O

et p o ed

oil and gas reserves

2.6 million BOE daily net

production

p

19 refineries

3 retail brands

26,500

retail outlets

Exploration & Production

Refining

(11)

What Do We Do as Earth Scientists?

•North America and International

Operations

Regional trend mapping and exploration

prospect identification

Exploration prospect maturation and well

planning

Discovery appraisal and development

planning

p

g

Reservoir characterization, prospect

maturation and well planning in new and

mature fields

Specialized geological and geophysical

technical support for exploration and

production operations

Economic evaluations and business

planning

(12)

What Do We Do as Earth Scientists?

•Upstream Operations

Ch

I t

ti

l E

l

ti

& P d

ti

– Chevron International Exploration & Production

(CIEP)

– Chevron North America Exploration & Production

(CNAEP)

– Energy Technology Company

Petrophysicist

Geophysicist

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What Do We Do as Earth Scientists?

•Energy Technology Company

– Seismic imaging, acquisition and

processing

– Exploration geology and basin

analysis & geochemistry

– Reservoir geology, geochemistry

– Formation evaluation

– Rock & Fluid analyses

– Subsurface properties from seismic

I t

t d i t

t ti

d

– Integrated interpretation and

modeling

(14)

Interns: Your Career Starts Here

• Intern employment - what

can you expect to be doing?

– Work as Earth Scientist in a

CNAEP exploration or asset

team

real-world projects with

team… real world projects with

significant business impact

– Work as Research Earth Scientist

for ETC project

– Work as Earth Science supporting

a CIEP business unit

(15)

Chevron’s Earth Science

Possible Career “Paths”

Possible Career Paths

Several career paths available within large corporations

N

t

iti

f

f t

d

t

Upstream

Geophysicist

Upstream

Geologist

Technology

Company

Geologist

Numerous opportunities for future advancement

Technology

Company

Geophysicist

Exploration

Research and

Technical

Geologist

Geophysicist

Exploration

Management

Research and

Development

Technical

Support

S

i

T h i l

Asset Team Leader

Senior Technical

Positions

Senior Earth Science

Management Positions

Senior Non-Earth Science

Management Positions

(16)

PetroSkills

Geology Progression Matrix

(17)

Q & A