MOBPTECH Overview Presentation

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E P Technology Cooperative Programme
POSC Meeting
October 21, 1998
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MoBPTeCh Charter
Founding Executive Team Dave Clementz (C), David
Jenkins (BP), Ron Robinson (T), Elwyn Griffiths
(M)
MoBPTeCh will collaboratively drive the creation
of radically new technologies for substantial
economic impact to our businesses, while
continuing to compete vigorously in the speed of
application to our own assets
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Why MoBPTeCh? Why Now?

• Companies believe collaborative philosophy
• Strategic fit
• Facing huge challenges
• Mature reservoirs
• Deep water
• Stranded gas and heavier oil
• Sustained low oil prices
• Critical skills shortage
• Very creative solutions required

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MoBPTeCh Playing Field
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What is a Grand Challenge?
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Grand Challenge Model

• New Technology
• Drilling Simulation

The second well drilled in the field is the best

• Process/Learning
• Learning Workshops

• People/Shared Vision
• Multiple Networks

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Grand Challenge Evolution
TACKLING GRAND CHALLENGE

• Drilling Learning Curve
• Produced Water Management
• Deepwater Technology
• Intelligent Completions

FOUND COMMON GROUND
IDENTIFYING COMMON GROUND

• Data Management

• Real Time Reservoir Managment

For information visit http//www.mobptech.com
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Summary

• All Networks are actively engaged
• 3 Grand Challenges programs embedded in
  companies plans
• Lessons learned are being captured / shared
• Focus balanced between Technology, Process,
  People
• Renewal process initiated to expand scope of
  technical interaction
• Intellectual Property IP network established
• Strong relationships established
• www.mobptech.com

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Keys to Success

• Preferred Collaboration Model
• internal
• external
• Networks populated by best talent from operating
  units and industry
• MoBPTeCh is a significant element of each
  companys RD programs
• Cooperative Model extends beyond RD
• Substantial value realized
• Competitive edge for MoBPTeCh members