Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface New Spotfire Link to PC-Reserves Accelerates QC and Reserves Reporting John Pederson ChevronTexaco October 15, 2003

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Presentation Outline  Motivation  Project Introduction & Objectives  Challenges  DecisionSite Application  Benefits  Future Opportunities

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Motivation  Reserves  Knowledge Management –efficiency –company merger »what we know »what we don’t know »where is the information

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Definitions: PC-Reserves: Reserves reporting Database Opco: operating company RAC: Reserves Audit Committee SBU: Strategic Business Unit Asset team: field level team Introduction

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Project Objectives  Standardize format for reserves data and knowledge transfer between project teams and groups  Improve consistency of reserves data  Increase discovery rate for opportunities  Provide a platform for enhancing other work processes related to reserves analysis

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Steps To Support the Reserves Review Process:  Input/Access Reserves Data  QC Data  Report Data – consolidate and merge Workflow: PC Reserves – Excel - Powerpoint or PC Reserves – Spotfire

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface  Time spent populating database  Used for all ChevronTexaco fields  PC-Reserves program is robust and versatile (complicated).  Data display (plotting) is limited to exporting data to Excel.  Valuable data is not being used to its fullest. PC Reserves - corporate reserves database Challenges

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface DecisionSite Application New Spotfire Button Phase 1: Link to Spotfire from PC-Reserves (pushes data from corporate database to Spotfire)

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface DecisionSite Application Phase 2:  Build Spotfire Tools Old Tools (Excel) 1. Charts 2. Sort 3. Filters New Tools 1. Data Access 2. Ratio Generator 3. QC-Flag Bad Data 4. Pareto Chart 5. Log Normal Tool  Develop Process Guides - PC Reserves Guides Data Retrieval Guide Peer Comparison Guide Data Analysis Guide Data Validation Guide Asset Characterization Guide - Project Output 1. QC Reports 2. Reservoir Opportunities 3. Input to Portfolio Analysis 4. RAC Reports 5. Interactive Database

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface PC-Reserves Relationship of PC-Reserves and Spotfire to the Review Process

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Interaction between all visualizations

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Opportunity Example Reservoir Level OOIP Reserves Waterflood Flag Purple Area highlights potential waterflood opportunity

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Opportunity Example Reservoir Level OOIP Reserves Waterflood Flag Select reservoirs <45% recovery not waterflooded

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Benefits Improves Annual Reserves Review  Reserves Data Access (no database knowledge needed by end user)  QC reserves data –negative values, –unrealistic recovery factors –… Enables year around data analysis by multiple groups  Quicker Analysis for waterflood opportunities  Quicker Analysis for two stage completion in gas cap

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Future Opportunities  Data Analysis from multiple databases  Improved Process Guides to automate data analysis work flows  Posters (global internet access for collaboration and review)  Secondary Query Devices  “Plots on Demand”  Scale By Value Pie Charts

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Acknowledgements: CVX:Karen Newcomb Dale Meek Mark Ruths Spotfire: Joseph Taylor Tim Loser ChevronTexaco and Spotfire for permission to give this talk

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Thank you! ????

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface  Extra Slides

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface  Quick access to multisource data  Instant data visualization into multiple views –Interlinking of data between the different views –Easy query sliders “zero in” on interesting data  Process Guides capture work processes –Standardizes best practices –Automates standard analysis  Dynamic data analysis as fast as you think –Screen and sort thru large quantities of data –Non-stop “what if” scenarios  Tools to create ppt slides and web pages

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface DecisionSite User Environment Server Based Information Interaction Guides Tools Resources Dynamic Visualizations Dynamic Queries Details on Demand

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Select any element quickly

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Add Multiple attributes to the visualization

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Phase 2 started -Develop Process Guides (examples) Data Analysis guide Ratio Generator tool Show a bar chart and table of top 10 fields based on R/P Show a bar chart and table of bottom 10 fields based on R/P Make new column that is a sum of P1 to P3 reserves Data Validation guide Tool to flag bad data: i. Negative values ii. Find those where Current P1+Cum Prod > Cum Reserves

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface Other Opportunitie s

Spotfire User’s Conference Oct PC-Reserves/Spotfire Interface DecisionSite (Spotfire)