DB management. Administrator

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1 IPRESOURCE Reserve and Resource Management Reporting is built around a relational database enabling users to store and retrieve current as well as historical data on production, reserves, contingent reserves and prospective resources. Our reporting system is an integrated part of our relational database application with a standard set of 8 reports satisfying the international requirements for reserve and resource reporting. Data entry IPRESOURCE Application to Enter data Resource Team DB DB management BO reports available in standard set of reports: License data Field data Administrator E&P system for annual accounting/reporting of Reserves and Resources o Tracking of volumes, CAPEX/OPEX through entire E&P value chain o Follow international standards for classification, units, etc o Any Petroleum asset from single well/reservoir to global corporate level o Stores historic well production on a monthly basis with input from xml-files o Production forecast end of field life/economic cut off Comprehensive and flexible Reporting System o Advanced; Business Objects software as reporting tool o Wide variety of E&P reports for internal and external use o Monitoring of non financial KPIs and financial KPIs in combination with other systems Single, integrated relational database o MS SQL Server as underlying engine o Installation on company server or stand alone on laptop o High level of data security and easy administration

2 Advanced input application and result reporting Up to Nine user defined levels available: Corporate, Business region,country, Business unit, Business area, Field, Group Element, Element, Wells Superior flexibility in Business Objects Universe and Report design Additional reports simple to design to client specification Filtering or input control allows multiple versions of each report High quality reports easily distributed in different formats

3 IPRESOURCE Reporting: 8 standard reports Resource Volumes Remaining Resources Production Forecast Production History Change Volumes Equity Change / Volume split Reserves Summary Production versus Budget(KPI) Production Forecasts Annual Summary Annual Change Volumes Resource Volumes Current Year Production versus Budget Historic volumes Equity Change Remaining Resources Based on the standard 8 reports hundreds of client versions can be made fast and at low cost for internal and external reporting. In addition IPRES has developed a Consistency Check Report to easy detect typical errors introduced in the input data. This is based on more than ten year experience with two major clients.

4 Report example - Resource volumes

5 Report example: Volume split and license connection. Ownership The map shows a situation where one field is connected to three licenses by the volume split, each license with different partners and shares. By using volume split and license data each partner has its own share of the total volume and production of oil and gas. Below is an example from the IPResource application where one element connects to three licenses in the Volume Split % ratio.

6 Report example: Monthly production data reporting give KPIs on field production Import functionality for monthly production data.xml-files as input to the database per well and per product stored at element Import functionality for prognosis and estimates per month Excel files as input to the database per element Used to analyse trends per asset per area per operator

7 Report example: Consistency check report as shown with data from Norwegian fields Identify inconsistencies - Production forecast does not add up to remaining reserves - Production given for non-producing fields/resource classes Highlight where data is missing - Only expected volume given not low - Missing oil or gas volumes in a gas/oil reservoir Point at invalid data - Fluid properties outside normal boundaries - Elements have volume split to an invalid/expired license - Volume splits do not add up to 100% Document consistency before approval

Improving pre-operational production efficiency estimates

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