EPSILONEnergy Solution S.L.

B RESERVOIR MODELING & UNCERTAINITIES

D PRODUCTION & COST ANALYSIS

E IOR/EOR PROJECTS & OPTIMIZATION

A FIELD DEVELOPMENT PLAN CONCEPTUAL ELABORATION

C RISK ANALYSIS

F NON - CONVETIONAL RESOURCES

OUR MAIN TARGETS: locations

OUR MAIN TARGETS: type of fields

RESERVOIR MANAGEMENT

5

• The efficient operation of a oil well or oil field requires constant monitoring of the total field and individual well performance in order to detect anomalies that may seriously reduce oil recovery or producing capacity.

• Several parameters have to be acquired and monitored in order to detect abnormal behaviour or any sudden changes in it from the past or any deviation from expected behaviour. Further corrective and preventive actions will be done for eliminating or reducing them.

DATA ACQUISITION VISUALIZATIONANALYSIS OPTIMIZATION

Reservoir Management Reservoir Monitoring

APPLIED SERVICESontents

Contents

Fast and proper decision taken

Effective Reservoir Modelling

SurveillancePlan

RESERVOIR MODELLINGPO & CO ANALYSIS

IOR/EOR

• Reservoir management involves the best possible use of financial, technological and human resources in order to optimize capital investment and operating costs, while increasing the economic recovery factor of a gas and oil reservoir.

FIELD DEVELOPMENT PLAN

ontents

FIELD DEVELOPMENT PLAN - CONCEPTUAL ELABORATION Contents

• Definition : FDP is the study conducted to define the optimum development plan tailored to the particular conditions of your field; it applies equally to brownfield and greenfield development. Our experts work very closely with your team to generate the most beneficial plans according to your goals.

• Process: FDP is structured on 4 phases, within a Gate review process to guarantee the best alignment between the FDP outcomes and your needs. The FDP phases are as outlined in the diagram above.

FeasibilityFeasibility SelectionSelection Definition Execution

G2 G3

ontents

RESERVOIR MODELLING - UNCERTAINITY ANALYSISContents

• Definition: The static and dynamic models of the field are built to optimize the hydrocarbon production and forecast future performance; the reliability of the models lie over their degree of representativeness of the actual field, and the estimation and assessment of their uncertainties. Our approach for Reservoir Modelling can create a very close relationship with your team, through guidance and mentoring.

• Process : The general workflow for Reservoir Modelling & Uncertainty Analysis consists of the stages outlined in the diagram above.

FeasibilityData Analysis Selection

Static & DynamicModels

DOESurrogate

ModelPR PR PR

ECONOMICS

ontents

RISK ANALYSIS - EXAMPLE INFILL WELL LOCATIONContents

• Definition: Uncertainty is inherently present in the Oil and Gas Industry; decisions involving small and large investments are taken everyday in this uncertain environment. Probabilistic methods are the most commonly used techniques to capture the impacts that reservoir uncertainties have on field production. We support the decision making process by means of integrating uncertainty and risk analysis, adding the proven track experience of our experts to your teams experience with the aim to generate the optimal solution to your needs.

• Process: Uncertainty analysis is applied to your field data, making use of Experimental Design techniques to capture the risk involved in your field development outputs.

LOREM

Soi Map Well Location

Ranking

LOREM

Trajectoryestimation

LOREM

LOREM

ExperimentalDesign

TASK

NPVSequence

Production and Cost Optimization ANALYSIS

ontents

Contents

• Definition : Data visualization and analysis allows you to do a better decision making process, which will optimize production, reduce operating costs and improve static model characterization. We have developed our own tools and techniques to support the production optimization of your field.

• Process : Our team apply data analytic and business intelligence to build useful tools which help in the decision making process of Reserves, Surveillance, Environmental and Economical activities.

We are working with Spotfire , one of the best software for Data Analytic provided by TIBCO , developing our own tools in each discipline.

IOR/EOR PROJECTS & OPTIMIZATIONS

ontents

Contents

• Definition : We are focused on improving the recovery factor by bringing together injection, leading oil field chemicals and services to maximize oil recovery.

• Process: Screening of optimum IOR/EOR process for your field, recommendation and coordination of laboratory experiments to assess the potential value of the pre-selected processes to be implemented on your field, technical/economical feasibility study, pilot test and full field implementation.

FeasibilityScreening SelectionUncertaintyAnalysis

Modelling Ranking

PR PR

We have an alliance with INLAB S.A., which is the best lab in South America to conduct EOR studies, due to they have the tools and expertise (know how).

NON CONVENTIONAL RESOURCES

ontents

Contents

• Definition : the exploitation of non-conventional reservoirs have their own approach and techniques different than the ones used for the exploitation of conventional resources. The successful development of unconventional fields needs an estimation of the OOIP and knowing the physical process that allows the fluid movement from fractures to wellbore, that will define the recovery factor.

• Process: Reservoir characterization using the latest technologies in the market. Well type concept by analogy, by analysis or by simulation model’s output. Statistical analysis of performance and categorisation of wells.

Source: Thunderbird Courses

We have an alliance with Geo Scale Inc , an innovative Consultancy Company in USA which is giving support in unconventional resources ( main Know how in USA)

VISUALISATION DASHBOARD SALES

ontents

Contents

• Process: Our team apply data analytic and business intelligence to build useful tolls which help in the decision making process of Reserves , Surveillance, Environmental and Economical activities.

A B D EC A B C D E

PRODUCTION PER ASSET

WATER QUALITYSURVEILLANCE

FINANCE DATA (Capex,Opex) RESERVES EVOLUTION

OPRATIONAL AND FINANCIAL HEALTH

AllianceThey optimize the production from

perforations to the plant using new

software and PIPESIM

TRAINING ENGLISH (Classical)

ontents

Contents

• bEORe - Advanced EOR

• INTEGRATED PRODUCTION MODELING

• WATERFLOODING AND SURVEILLANCE

• PETROLEUM ECONOMICS AND BUSSINES PLANNING

TRAINING ENGLISH (New information technologies)

ontents

Contents

• BUSINESS INTELIGENCE

• POWER BI APPLIED TO OIL & GAS INDUSTRY

• EXPERIMENTAL DESIGN APPLIED TO OIL AND GAS INSDUSTRY

• RISK UNCERTAINTY & DECISION MAKING

TRAINING SPANISH (Classical)

ontents

Contents

• DISTRIBUCION Y MOVIMIENTO DE FLUIDOS -EOR

• TERMODINAMICA DEL PETROLEO-EOR

• RESERVORIO NO CONVENCIONAL

• ANÁLISIS DE PRUEBAS DE PRESIÓN

• TALLER DE PRUEBAS DE PRESIÓN USANDO SOFTWARE ESPECIALIZADO

• INGENIERÍA BÁSICA DE YACIMIENTOS

• ESTIMACIÓN Y CÁLCULOS DE RESERVAS DE HIDROCARBUROS

• SIMULACIÓN PRACTICA DE YACIMIENTOS

• ANÁLISIS DE PRODUCTIVIDAD DE POZOS DE GAS

• ANÁLISIS DE CURVAS DE COMPORTAMIENTO DE PRODUCCIÓN DE POZOS

• ANÁLISIS AVANZADO DE DATOS DE PRODUCCIÓN Y ANÁLISIS NODAL

• DIAGENESIS DE ROCAS CARBONATICAS

• GEOLOGIA DE YACIMIENTOS CARBONATICOS

• CALIDAD DE YACIMIENTOS CARBONATICOS

• GEOMECANICA DE ROCAS

• PROBLEMAS OPERACIONALES DE PRODUCCION

MICROVIDEOS

ontents

Contents MATURE FIELDS

EOR PROJECTS

NON CONVETIONAL RESOURCES

TRAINING

DATA ANALYTICS SOLUTIONS

Source: Thunderbird Courses

New Technologies: real casesBest practices: lab tests

Problem solving

New information technologiesCore Courses

Specific CoursesReserves

Reservoir and ProductionFinance

New Technologies: real casesBest practices: lab tests

Problem solving

New Technologies: real casesBest practices

Problem solving

OUR TEAM

ontents

Contents

Martin Vilela(Director)

Osvaldo Alonso(Director)

Marcelo Cabrera(EOR specialist)

Antonio Martinez(Safety)

Karina Miguel(Sr.Geophysicist)

Jorge Barrios(Sr.Geomechanics)

Talaal El Debal(Sr.Petrophysisist)

Razik Shaik(Sr.Geologist)

Joe Revay (Sr.Reservoir Engineer)

Luis Millan( Sr.Production Engineer)

Lina Salinas(Reserves)

Ruben Acosta(Facilities)

Orlando Mijares (Sr.Reservoir Engineer)

Laura Demarch(Reservoir Engineer)

Oscar Leon (Completions)

Vacant

David Prado Sr.Geophysicist)

Luis Navarro(Sr.Geologist)

Mehdi Tabatabai(Sr.Petrophysicist)

Agustin Massaro(Sr.Geomechanics)

Ihad Mahmoud(Sr.Reservoir Engineer)

Tamer Mahrous(Sr.Production Engineer)

Anastasia Semenova(Reservoir Engineer)

Diana Rodriguez(Reseervoir Engineer)

OUR TRAINING PARTNERS

ontents

Contents

Marcelo Crotti(EOR)

Dikson Trujillo(Production)

Pablo Subotobsky(Production)

OUR ESTRATEGIC ALLIANCES

ontents

Contents

IintegerLab(EEUU)

Deshi Group(China)

Petecs(Libya)

Aclinar(Argentina)

• Performing strategic alliances with companies will create synergies to found clients quickly and also reducing capital expenses which will benefit our business.

OUR ESTRATEGIC ALLIANCES

ontents

Contents

AAGP(USA)

• Performing strategic alliances with companies will create synergies to found clients quickly and also reducing capital expenses which will benefit our business.

The Productivity Group(Venezuela)

INLAB S.A.(Argentina)

Core Specialist(UK)

OUR ESTRATEGIC ALLIANCES

ontents

Contents

• Performing strategic alliances with companies will create synergies to found clients quickly and also reducing capital expenses which will benefit our business.

Geo Scale Inc(USA)

TIBCO(USA)

HYMIPEX OIL(Germany)

NABARU (Venezuela)

THANKS