1. Petroleum Business(E&P) “Technology in Upstream” 2 nd March, 2005 PetroFed, New Delhi Dr. Ravi Bastia

2. Petroleum Business(E&P) Trusting Technology to drive business.. Performance Productivity Return on Capital Employed Reduce Cost of Ownership Profit Reliance has a strong Technological focus across it’s wide array of businesses Textiles Polyester Plastics Refining & Marketing E&P Investments in Infrastructure & Services Life Sciences & Bio Technology ‘Technology Utilization is Application driven, and the Focus is to continuously Scan and Adopt Prudent, Appropriate and Benchmarked Technology’ Preamble

3. Petroleum Business(E&P)  Areas of Application  Technology Selection  Key Issues  Final Words Inside

4. Petroleum Business(E&P) Deep water & Ultra Deepwater Sub-basalt Mesozoic HPHT environment Structurally complex Geo-setting Transition Zone Unconventional Sources-CBM, Gas Hydrate, Low Permeability, Thin Sand ‘ Leverage Technology to explore frontier areas’ Areas of Application

5. Petroleum Business(E&P) Technology Selection: Strategy Select Application Areas Concept Development Technology Selection Existing Technology R & D

6. Petroleum Business(E&P) Technology Selection: Existing

7. Petroleum Business(E&P) Virtual Reality Centre Technology Selection : Tools “Adopting & managing cutting edge technologies to enhance efficiency and ensure success” Geo-Data Processing State of the art High Performance Computing Centre High End Processing : PSTM/PSDM AVO/AVA Inversion Multi Component Processing Pre-Stack/Post Stack Inversion Attribute Analysis Seismic Modeling Real Time Monitoring Centre Integrated Drilling Optimization Real Time Pore Pressure/Fracture Pressure Estimation Geo Logging and Mud Logging Geo -Steering Model Based Surveillance Bore hole stability Analysis Real Time Risk Analysis

8. Petroleum Business(E&P) Technology Selection : R&D

9. Petroleum Business(E&P) GLOBAL RESEARCH ORGANIZATIONS AAPG /SPG/SEG Cambridge University University of Calgary Houston Advanced Research centre Stanford Exploration Program Stanford Rock Physics and Borehole Physics Program Computer Modeling Group Texas A&M University of Texas Institute of Geophysics Colorado School of Mines Technology Selection: R&D Institutes INDIA  ONGC IPE - Institute of Petroleum Exploration INIBIGS -Institute of Biotechnology and Geotectonics GEOPIC -Geodata Processing and Interpretation Centre IRS -Institute of Reservoir Studies IDT -Institute of Drilling Technology IOGPT -Institute of Oil& Gas Production Technology IEOT -Institute of Ocean Engineering and Environmental Management IMD -Institute of Management and Development  CSIR -Council of Scientific Industrial Research NGRI -National Geophysical Research Institute NIO -National Institute of Oceanography  GSI -Geological Survey of India  IIT -Indian Institute of Technology  IIGM-Indian Institute of Geo Magnetics JIPs GOM JIP Gas Hydrates Teaming with E&P major for R&D Deepstar

10. Petroleum Business(E&P) Characterization of Gas Hydrates & Shallow Free Gas Objectives in Deepwater BSR Blanking zone Free Gas Technology Selection: Frontier project

11. Petroleum Business(E&P) Thick, shallow gas zone may be over pressured (Accurate Pore and Fracture Pressure Prediction critical). Mud weight window reduction due to shallow gas (Accurate Pore and Fracture Pressure Prediction critical). Possibility of Large Gas Influx while drilling below BSR (Use of Riser & BOP while drilling below BSR) Unconsolidated Top Hole & Hole Stability (Well bore stability modeling critical) Hydrate dissociation during drilling (Proper drilling fluid design and lower circulation rate) Poor Cement Bonds in hydrate zone (Proper cement slurry design) High Resolution & Enhanced Imaging of hydrate / free gas Facies Identification & Resource Estimation Target Identification & Pore Pressure Prediction Drilling Targets Release & Well Prognosis Hydrate / Free Gas Characterization Well Design Drilling Fluid Design Cement Slurry Design Well bore Stability Modeling Drilling Hazard Mitigation High Resolution 3D / DTAGS / SS-DR / Geo-Hazard survey Challenges Process Technology Selection :GOM Gas Hydrates JIP Conoco PhilipsReliance Industries Ltd. JOGMEC MH21 (Japanese Consortium) Chevron TexacoHalliburtonMMS- Minerals Management Service Schlumberger G & G & Reservoir Related Tasks Drilling Related Tasks Safety / Hazard Related Tasks

12. Petroleum Business(E&P) Key Issues Enable National Research Institutes to become Profit Organizations - Fiscal Impetus will stimulate Quality and further investments in R&D Drive Global Service Providers to consider India as a R&D and Services Hub -Maximize Intellectual Capital Growth -Maximize Utilization of Talent from Indian educational institutes which shall eventually enable maximizing the ‘Indian Talent Pool’ Inclusion of R&D in PSC with Cost Recovery Incentive -Drive E&P companies to increase investments in R&D Formation of an Apex Body-OIDB? - For promoting, monitoring and benchmarking of Technology programs

13. Petroleum Business(E&P) Final Words "Chance favors the prepared mind." -- Louis Pasteur

14. Petroleum Business(E&P) Thank You