TRITON ENGINEERING SERVICES COMPANY

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TRITON ENGINEERING SERVICES COMPANY
CLIENT SERVICES AND COMPANY OVERVIEW
Triton is a subsidiary of Noble Corporation
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BUSINESS VISION
WE
HIGHER RETURN ON INVESTMENT
REACH
PROFIT
ACHIEVE
KNOWLEDGE AND EXPERIENCES
TRANSFER
ESTABLISH
COOPERATION
WORKING ENVIRONMENT FOR UNDERSTANDING AND
COMMON GOALS
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OBJECTIVE
To Implement a Cost Effective Drilling and
Completion Operation
The Reduction of Lost Time and Non Productive
Time
The Reduction of Production Cost
Implementation of an Educational Process
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GOAL

• Provide a full range of services to the oil and
  gas industry for their exploratory and
  development program
• from responsive help to existing resources
• to full comprehensive project management

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PROJECT MANAGEMENT SERVICES

• Preparation and execution of comprehensive ?
  Well design and well construction programs
• ? Workover programs
• ? Well abandonment programs
• Preparation of budgets, detailed costs
• Field Supervision of logistics and well
  operations
• Review of drilling data and drilling optimization
  studies
• End of well reporting and reconciliation

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PROJECT MANAGEMENTSERVICES

• Preparation of operating procedures
• Pre-operational Audits
• Drilling Unit - Service Providers - Vendors
• Project - Proposal / Program - Operation
• Preparation and evaluation of tenders
• The provision of services
• The procurement of equipment and material

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EXPERIENCE

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COMPANY HIGHLIGHTS

• Completed over 500 well construction projects in
  40 countries
• High pressure and temperature wells
• Exploration and development wells
• Directional wells with multiple targets
• 23,000' total depth wells
• Complex geological areas
• Salt, sub-salt and rafted shale wells
• Water depths in excess of 7,200
• Developed client base of major EP Operators,
  National Oil Companies and Independent
  operators worldwide

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WORLDWIDE RIG OPERATION ANDDRILLING
ENGINEERING EXPERIENCE
Offshore Onshore
Europe UK,IRL,NLDK, NOR, DL, FR, SP Italy, Black
Sea
Canada
Far East China, Vietnam Malaysia,
Korea Indonesia, India
Aruba
U.S. GOM
Mexico
Venezuela
Middle East Qatar,Oman Yemen, Azerbaijan
Peru
Brazil
EC Africa Mozambique
WC Africa Marroco,Senegal Guinea, Ivory
Coast Ghana, Nigeria Gabon,Congo Angola, Namibia
Argentina
Land Africa Algeria, Chad Nigeria, Tunisia
Australia New Zealand
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PROJECT MANAGEMENT
Wells Internationally 1 Well program -
Lukoil Caspian Sea 2 Well program - El Paso
Brazil 1 Well program - Devon O/S Ghana 2
Well program - El Paso O/S Brazil 14 Well
program - Pemex O/S Mexico 1 Well program -
Devon O/S Gabon 4 Well program - Brass O/S
Nigeria 2 Well program - RWE Dutch North
Sea 17 Well program - PDVSA Venezuela 8 Well
program - Trinmar O/S Trinidad 8 Well program
- Pedco O/S Korea 2 Well Program - El Paso
O/S Australia 2 Well Program - EOG Resources
O/S Trinidad
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MULTIWELL PERFORMANCE OPTIMIZATION
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BRASS PETROLEUM NIGERIA
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Days vs. Depth GOM Sub Salt Well
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WELL CONSTRUCTION SCEMATIC
EVALUATION and PLANNING
PROJECT MANAGEMENT
ASSESSMENT and BENCHMARKING
EXECUTE
CONTROL
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ENGINEERING AND PRE-PLANNING

• Define align well and geological objectives
• Conduct risk assessment
• - Risk impact / Probabilities
• - Identify, Quantify, Manage
• - Mitigation measures / contingency plans
• - Lessons Learned inclusion in well plan
• Benchmark development
• - Rig performance upgrades or improvements
• - Operations vendor selection criteria
• - Engineering well location specific
• - Logistics

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DESIGN PLANNING

• Critical Path Plan Development
• Feasibility studies / life cycle
• Process Control, Risk vs. Success probabilities
• Front End engineering
• - rotating, flat spot times, non- productive
  time
• Regulatory Assistance if applicable
• Knowledge management
• - Average running speeds of casing
• - Average trip speeds open / cased hole
• - Average PU / LD time for BHAs
• - ROP analyses for rotating / motors
• Marked-up offset well logs w/ hole problems,
  mud weights, casing depths, L.O.T. test data
  

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DATA COLLECTION KNOWLEDGE MANAGEMENT
BENCHMARKING

• Provide real time evaluation of performance
• Post well operations review
• End of well report corporate memory
• Produce best of the best drilling benchmarks
• Updating of statistical benchmarks
• Capture of efficiencies lessons learned
• Update planning process with lessons learned

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COST MANAGEMENT

• Accurate pre-planning AFE costs
• Accurate tracking of costs during project
  execution
• End of well review and reconciliation
• of projected costs / vs. actual costs
• Evaluation of drilling contractor, vendors and
  service companies
• Evaluation of variances
• Retention of cost data for corporate memory
• Distribute results

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COMPREHENSIVE PROJECT PLANNING AND MANAGEMENT
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DRILLING PERFORMANCE SYSTEMS
OptiDrill
NDSS
Engineering and Planning
Operations
Noble Drill Smart System
I.D.E.A.S
Improve Drilling Efficiency Accountability System
WITS
Well Information Tracking System
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EFFICIENCY DRIVER
NPV
OPERATING PROBLEMS
COST

WELL 1
EXPLORATION PHASE INVESTMENT
WELL 2
TODAY
WELL 3
-
TIME

DEVELOPMENT PHASE PAY BACK
REVENUE
TOMORROW
PRODUCTIVITY
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TRUE EFFICIENCY
COST
Well 1
Well 2
VALUE
Well 3
Well 4
TIME
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CONFORMISTIC PLANNINGMISMANAGEMENT
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PERFORMANCE PLANNING EFFICIENT MANAGEMENT
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THE DIFFERENCE

• Proper Allocation of Funds

• Increase number of wells drilled

• Increase Production

• Increase Profit and Return on Capital

Plan and Manage for Continuous Improvement
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OPERATION EFFICIENCY VALUATION

• Well plan Prognosis vs Actual

• Drilling practices Methodology Technology

• Logistics Response Time Bottle neck

• Drilling fluids Formation Damage

• Third parties System Performance Down Time

• Drilling Unit Performance Down Time

• Cost AFE vs Actual Cost

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PRODUCTIVITY EFFICIENCY VALUATION

• Reservoir Management

• Formation Damage

• Completion Design

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EFFICIENCY REQUISITE
PEOPLE
Management Information Technology Knowledge
Management Data Management
PROCESS
TECHNOLOGY
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RISK ASSESSMENT
Gather information of offset wells
Learning Organization People Process Technol
ogy
Synthesize data to generate a subsurface
geologic model
Apply lessons learned
Evaluate pore pressure for casing picks Integrate
geologic model

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CONCLUSION

• Professional independent project team
• Team not tied to any product or service company
• Objective evaluation and recommendations
• Critical path drilling program generation
• Integration of drilling efficiency systems
• Execution of program based on Cost effectiveness
• Proven track record