Eric Mathiesen

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Information about Eric Mathiesen
Education

Published on March 5, 2008

Author: Quintilliano

Source: authorstream.com

The FUN project :  The FUN project Co-operation between oil companies and authorities on reporting Eric Mathiesen Principal engineer Data, information and knowledge management Norwegian Petroleum Directorate Forum for forecasting and UNcertainty evaluation:  The Forum is an effort by the authorities and petroleum industry in Norway to determine best practices and methods for: hydrocarbon resource and emissions estimation, forecasting, uncertainty evaluation and decision making. 15 member companies together with the Norwegian Petroleum Directorate (NPD) Forum for forecasting and UNcertainty evaluation FUN – Members and Observers:  Members A/S Norske Shell U & P Amerada Hess Norge A/S BP Norge UA RWE-DEA Norge A/S Totalfinaelf Enterprise Oil Norge ltd. Esso Norge AS Idemitsu Petroleum Norge a.s. Fortum Petroleum A/S Norsk Agip A/S Norsk Chevron A/S Norsk Hydro ASA Norske Conoco AS Norwegian Petroleum Directorate Phillips Petroleum Company Norway Den norske stats oljeselskap (Statoil) Observers Ministry of Petroleum and Energy OLF (Norwegian Oil Industry Association) FUN – Members and Observers Established May 1997 Oil Production Forecast 22 fields in production:  0 20 40 60 80 100 120 140 160 180 1971 1974 1977 1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 2016 2019 Oil production (mill Sm 3 /year) PDO - Forecast Actual production Fall 90 Fall 95 Fall 98 Oil Production Forecast 22 fields in production FUN - Main activities:  Recommend initiatives to improve : estimations forecasting uncertainty evaluations Improve today’s communication of information between companies and authorities Arrange workshops / seminars at management and professional levels Discuss and identify problems / possibilities Best practice project FUN - Main activities Forum organisation:  Forum organisation FUN – Workgroup I:  FUN – Workgroup I Issues related to national budget reporting. Consists of co-ordinators of the National Budget reporting in the operating oil companies and representatives from the Norwegian Petroleum Directorate and the Ministry of Petroleum and Energy. Objectives: Improve today's communication on information of resource estimation, forecasting and uncertainty evaluation between the companies and between the companies and the authorities, reflecting the best practise and giving the parties the possibilities to make optimal decisions Recommend improvements to the national budget reporting to the authorities FUN - Workgroup II and Network:  FUN - Workgroup II and Network FUN BEST PRACTICES PROJECT AND METHODS :  FUN BEST PRACTICES PROJECT AND METHODS on hydrocarbon resource emissions estimation, Forecasting, uncertainty evaluation, decision making FUN - Workgroup II FUN BEST PRACTICES PROJECT:  Why can’t we make better forecasts? Reserves Production Emissions Costs Are better decisions possible? 13 companies + NPD FUN BEST PRACTICES PROJECT Objectives of the Best Practice Project:  Objectives of the Best Practice Project The full project adopts a decision based, probabilistic, multi-disciplinary workflow approach. Practices and improvements are related to : the way decisions are taken the supporting information that is used in taking them notably how data are processed and upgraded into (aggregated) "information" and passed on to the next group of specialists. The project is expected to contribute to value creation at the project level the asset level the corporate level the national level Best Practice and Methods Projects:  Best Practice and Methods Projects Inventory of current practices and recommendations for Best Practices (phase 1). Completed around July 2000 Methods (phase 2). Started February, 2001 and is expected to be finalized June 2002. Approach Phase 1:  Approach Phase 1 Interviews Norwegian operating units Norwegian authorities Company headquarters Foreign authorities What are the current practices What are the problems and potential solutions? Formulate “Best Practices” Recommend a road from current to best practices Results Phase 1:  Results Phase 1 An overview of current practice and recommended best practices for : Production and sales volumes forecast Forecasting of development and production Forecasting energy balances and energy related emissions Aggregating deterministic and stochastic forecasts with interdependent uncertainties Decision making on deterministic and stochastic forecasts Company / Government mutual information flow Phase 2 Objectives:  Phase 2 Objectives Dissemination of the recommended best practices of phase 1 by preparing pre-reading training modules for the following topics. uncertainty reserves production forecasting economics facilities and cost engineering emissions forecasting company / government interaction Classroom training. Multi-disciplinary exercises on decision making using quasi-realistic case studies, and teach the added value of integrated probabilistic methods The project team of phase 2:  The project team of phase 2 TNO Netherlands Institute of Applied Geoscience (NL) Christian Bos International Oil and Gas Services (Netherlands) Rob Jonkman Uncertainty Management Ltd (United Kingdom) Dave Morgen Reserves Management Ltd (United Kingdom) Allan Spencer NTNU Technical University Trondheim (Norway) Richard Sinding Larsen Novatech (Norway) Geir Husdal NPD is coordinator on behalf of the Steering Committee Erik Søndenå FUN Workgroup 1:  FUN Workgroup 1 Resource and activity data reporting FUN – Workgroup I:  FUN – Workgroup I Issues related to national budget reporting. Consists of co-ordinators of the National Budget reporting in the operating oil companies and representatives from the Norwegian Petroleum Directorate and the Ministry of Petroleum and Energy. Objectives: Improve today's communication on information of resource estimation, forecasting and uncertainty evaluation between the companies and between the companies and the authorities, reflecting the best practise and giving the parties the possibilities to make optimal decisions Recommend improvements to the national budget reporting to the authorities FUN – Workgroup 1 Resource and activity data reporting:  FUN – Workgroup 1 Resource and activity data reporting The data collected in connection with the Norwegian National Budget is used as a basis for : Norway’s oil policy Norway’s economic policy Norway’s environmental policy Petroleum activities in Norway account for: 15 % of the Gross Domestic Product 30 % of Norway’s total exports Legislation requires reporting both produced and planned volumes annually Who is involved?:  Who is involved? All operating companies report, on behalf of the licence owners. Norwegian Petroleum Directorate What is reported?:  What is reported? For fields and discoveries: Resource information in accordance with the NPD’s Resource Classification System For fields, discoveries and transportation systems: Information to describe future cash flow Environmental data Types of Data:  Types of Data Resources (volume) In-Place volumes (Oil, Gas – both associated and free) Proved reserves (Oil, NGL, Condensate, Gas) Contingent resources (Oil, NGL, Condensate, Gas) Undiscovered prospects within licensed areas Profiles (annual data - 84 data types) Production sales profiles Oil including uncertainty ranges NGL Condensate Gas – also including purchased gas Costs Investements (CAPEX) Operating cost (OPEX) Tariff expenditures Environmental data Background data Water production Injection profiles Emissions CO2 NOx nmVOC CH4 CONSISTENCY Reporting resource and activity data:  Reporting resource and activity data Standard format MS Excel worksheet - 2 MB Electronic transfer Common storage Validity checks og temporary storage Data transfer:  Data transfer Excel Lotus Excel SOIL Excel MS Access Resources / Profiles Operators NPD / MPE SOIL Excel LiveLink Various sources Petra Samba Tariffs Kontrol Kontrol Various analysis What is Provided?:  What is Provided? Shipment to Operating Companies: General Guidelines Specific Guidelines Report File Slide30:  www.fun-oil.org

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