1. 1 Our Open Standards Community Jerry Hubbard Executive Vice President, Business Development Petrotechnical Open Standards Consortium WITSML ™ Seminar & Exhibition Aberdeen, Scotland 19 October 2006

2. 2 The Community Loose confederation of standards users Loose confederation of standards users Norway Norway North America North America Nowhere else? Nowhere else? Organized, inclusive and collaborative Organized, inclusive and collaborative Development Development Adoption Adoption Deployment Deployment Shared risk = shared success Shared risk = shared success

3. 3 The Regions POSC will encourage participation and coordinate communications between users of open standards through the establishment of eight global regions POSC will encourage participation and coordinate communications between users of open standards through the establishment of eight global regions North America (United States, Canada and Mexico) North America (United States, Canada and Mexico) South America (Central and South America) South America (Central and South America) Western Europe (European Union and Scandinavia) Western Europe (European Union and Scandinavia) Eastern Europe (Russia, Kazakhstan and non-EU states) Eastern Europe (Russia, Kazakhstan and non-EU states) Middle East (Saudi Arabia, Kuwait, UAE, Bahrain) Middle East (Saudi Arabia, Kuwait, UAE, Bahrain) Africa (Angola, Equatorial Guinea, Nigeria, South Africa) Africa (Angola, Equatorial Guinea, Nigeria, South Africa) Asia South (India, Singapore, Australia, New Zealand) Asia South (India, Singapore, Australia, New Zealand) Asia Pacific (China, Japan, Korea, Vietnam, Philippines) Asia Pacific (China, Japan, Korea, Vietnam, Philippines)

4. 4 The Regions The mission… The mission… Establish a regional presence for standards Establish a regional presence for standards Improve communications among users Improve communications among users Provide localization to the message Provide localization to the message Identify new standards requirements Identify new standards requirements Drive adoption and deep deployment Drive adoption and deep deployment Facilitate an active global community Facilitate an active global community

5. 5 The Regions The Region Lead will: The Region Lead will: Be from a Sustaining, Contributing or Associated member company in good standing Be from a Sustaining, Contributing or Associated member company in good standing Be physically located within the boundaries of the Region. Be physically located within the boundaries of the Region. Be conversant in one local language other than English. Be conversant in one local language other than English. Be willing to devote approximately one day per month on standards community activities. Be willing to devote approximately one day per month on standards community activities. Be willing to contact potential community members in the Region Be willing to contact potential community members in the Region Provide communications to the Houston office on Region membership/development/deployment opportunities Provide communications to the Houston office on Region membership/development/deployment opportunities Set up one major Region meeting per year including: Set up one major Region meeting per year including: Engaging a sponsor and a venue Engaging a sponsor and a venue Identifying and inviting potential attendees Identifying and inviting potential attendees Obtaining translations of invitations, agendas, documents Obtaining translations of invitations, agendas, documents

6. 6 The Regions North America North America 7 NOV 06 7 NOV 06 South America South America March 2007 March 2007 Asia South Asia South 14 JAN 2007 14 JAN 2007 Asia Pacific Asia Pacific December 2006 December 2006 Western Europe Western Europe 19 OCT 2006 19 OCT 2006 Middle East Middle East November 2006 November 2006 Africa Africa April 2007 April 2007 Eastern Europe Eastern Europe February 2007 February 2007

7. 7 Communications Effective and open information sharing Effective and open information sharing Lessons learned from pilots and projects Lessons learned from pilots and projects Improvements to current standards Improvements to current standards New standards to meet requirements New standards to meet requirements External Communications External Communications PR to educate others in the industry PR to educate others in the industry Internal Communications Internal Communications Members delivering the deployment message Members delivering the deployment message Visibility of success attracts new members Visibility of success attracts new members

8. 8 The Energy Standards Resource Centre Offering a neutral and collaborative work space Offering a neutral and collaborative work space Intuitive and functional website Intuitive and functional website Project management and development tools Project management and development tools Integration of technical and business standards Integration of technical and business standards Links to standards important to the industry Links to standards important to the industry Petrotechnical Petrotechnical Well Identification Well Identification Products, Services and Equipment Classification Products, Services and Equipment Classification e-Commerce e-Commerce Other industry standards Other industry standards

9. 9 The Membership Sustaining Members Sustaining Members Full membership rights Full membership rights SIG and Work Group participation SIG and Work Group participation Contributing Members Contributing Members SIG and Work Group participation SIG and Work Group participation Associated Members Associated Members Reciprocal memberships Reciprocal memberships SIG and Work Group participation SIG and Work Group participation

10. 10 Membership Opportunities We currently have 67 member companies We currently have 67 member companies We need participation from… We need participation from… More national energy companies More national energy companies More professional services organizations More professional services organizations More vertical service companies More vertical service companies More horizontal IT organizations More horizontal IT organizations More regulatory agencies More regulatory agencies Our membership should reflect the entire spectrum of the upstream oil and gas community

11. 11 Join your E&P colleagues to hear the latest in thought leadership for upstream oil and gas standards. Catch up with exciting changes taking place at POSC: new leadership, new mission and enhanced membership value. This exciting event will introduce our Energy Standards Resource Centre, new collaborative services on offer and the development of a global open standards user community. A special hosted reception will follow immediately after the Standards Summit from 5:00 – 8:00 PM, so Register Now! Meet the new leadership Connect with E&P colleagues Catch up on new offerings DATE/TIME: November 8, 2006 3:00-5:00PM Summit 5:00-8:00PM Reception PLACE: Marriott West Loop 1750 West Loop South Houston, Texas 77027 Hotel Information: marriottwestloop.com marriottwestloop.com

12. 12 Thank You!