News from ExproSoft

U.S. Department of the Interior releases Interim Safety measures report following the Deepwater Horizon disaster in the Gulf of Mexico.

On April 30, 2010, the President directed the Secretary of the Interior to conduct a thorough review of this event and to report, within 30 days, on ―what, if any, additional precautions and technologies should be required to improve the safety of oil and gas exploration and production operations on the outer continental shelf. On 27 May, 2010, the U.S. Department of the Interior released the report 'Increased Safety Measures for Energy Development on the Outer Continental Shelf'.

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ExproSoft AS has secured it´s first external funding as Viking Venture and Investinor invest 27.5 mNOK (4.2 mUSD) for a 42.3 % share of the company.

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ExproSoft has now released version 3.0 of its software package for well integrity management - WIMS. The WIMS 3.0 release involves improvements to the existing functionality and development of new functionality. This includes an upgrade of the graphical user interface (GUI), both to the front-end and to the input module. Core functionality like user management and reporting has also been improved. New functions are developed, including well slot location, pressure overviews, well shut-in vs. flowing logic, etc.

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Stavanger based PTC, a manufacturer of downhole equipment for artificial lift systems for the oil and gas industry, has awarded a contract to ExproSoft for development of a new web based tool for reliability management of downhole equipment. The new tool is called Reliability Management System (RMS).

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ExproSoft delivered final WellMaster Phase 6 results at year end 2009. With 11 major oil and gas companies participating, Phase 6 is the most comprehensive study phase to date, consolidating the WellMaster JIP’s position as the leading reliability database for well completion equipment world-wide.

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Det norske oljeselskap ASA has entered into a frame agreement with ExproSoft as of 26 January 2010, with work commencing immediately. In terms of awarded exploration licenses, Det norske oljeselskap is the second biggest oil company on the Norwegian Continental Shelf. The duration of the frame agreement is three years, with optional extensions.

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Origin Energy (New Zealand) recently awarded a contract for purchase, installation, training, support and initial data loading of the WIMS (Well Integrity Management System) software to ExproSoft. The contract will incorporate wells in New Zealand, with an option to tie-in Origin Energy wells in Australia at a later stage. The contract is an important break-through contract for WIMS in the SE Asia Pacific region.

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Following expiry of the three year confidentiality clause, the Phase 5 report on reliability of well completion equipment is now available from ExproSoft. For further technical desciption on contents, check under this web site's 'Publication' tab.

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ExproSoft has just released WIMS 2.0, following almost one year of continuous further development efforts and early feedback from key clients.

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ExproBase is a new online knowledge base primarily aimed at drilling, completion, intervention and subsea production professionals. Consisting of a comprehensive collection of structured knowledge on key work processes, databases and textbooks, the tool offers a unique source of knowledge aimed at understanding and preventing mechanisms that lead to undesired events in the upstream sector. The tool helps understand interactions between human, technical and organizational aspects through structured presentation of topics which may lead to costly downtime and severe accidents. The focus of ExproBase is basic knowledge and its relations rather than extensive subject details.

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ExproSoft has entered into a license agreement with Sintef on CARA-Fault Tree. Originally developed by Sintef, the CARA Fault-Tree software is used extensively both by ExproSoft and a significant number of other companies. Under this agreement, ExproSoft will develop new tool functionality and offer the improved product to existing and potential new clients. ExproSoft will also have the right to use parts of the existing source code for integration with other ExproSoft software products aimed at the upstream sector of the petroleum industry.

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Talisman Energy Norway has awarded a new contract to ExproSoft related to the WIMS (Well Integrity Management system)software. The contract is a “first” WIMS contract after developing version 1.0 under contract with StatoilHydro and Total E&P UK. The contract will involve development of new software functionality and technical and organizational implementation, with the view of going ‘live’ with all Talisman Energy Norway operated wells tied in to the system before year end 2008.

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Norsk Hydro recently awarded a breakthrough contract for a new drilling and well technology knowledge base to ExproSoft. The knowledge base is designed to make work processes in the drilling and well technology sector run more smoothly and is supported by a number of knowledge modules.

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ExproSoft has received notification that the WIMS JIP’s abstract (SPE 110347) has been accepted as a poster session at the SPE Annual Technical Conference in Anaheim, California in November 2007.

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ExproSoft recently delivered the WIMS basic version 1.0 to the Joint Industry Project participants Norsk Hydro, Statoil and Total EPC UK. This concludes the WIMS JIP development project that has been ongoing for the last two years.

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ExproSoft has developed a procedure for risk based management of well annular leaks for Norsk Hydro.

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Following expiry of the 3-year confidentiality period, the SubseaMaster Phase II and the WellMaster Phase IV reports are now commercially available. These reports contain reliability data on subsea production systems and downhole completions, respectively.

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ExproSoft congratulates employee Kjell Corneliussen on his successful defence of his PhD thesis on Well Safety at the Norwegian University of Science and Technology (NTNU) on 20 April 2006. Completion of the PhD on this topic is an important element in ExproSoft's strategy in achieving World Class performance in well risk, reliability and integrity management.

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Statoil has awarded a contract to ExproSoft for qualification of technology and risk analysis for downhole equipment in the Tyrihans field.

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To ease the data collection process an Excel inventory data import feature has been developed for v3.0 of SubseaMaster. This feature allows import of a minimum amount of inventory data preformatted in an Excel spreadsheet directly into a SubseaMaster version drawings as an alternative to using the existing "manual" P&ID drawing input functionality. As the visual P&ID image of the system layout will be distorted using this feature an added possibility of attaching documents to version drawings has been included.

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WellMaster's well completion LCC/LCP simulation tool (WelLCC) capabilities are now being expanded to include the economical and operational aspects of entire field developments. This FieldSim tool is currently being tested and is expected to be fully functional before end of 2004.

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ExproSoft was recently awarded a contract for reliability data collection on subsea production systems and downhole completions on several ChevronTexaco operated fields in the US Gulf of Mexico. The contract is a first for the Norwegian company ExproSoft’s newly established Houston office.

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ExproSoft was recently awarded a study to assess the risk assosiated with potential release of hydrocarbons through the annulus of gas lifted production wells on the Piltun field development offshore Sakhalin Island, Eastern Siberia.

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Effective from 16 February 2004, ExproSoft has opened an office in Houston. ExproSoft, Inc. was incorporated under the laws of Texas on 28 January 2004 as a wholly owned subsidiary of the Norwegian parent company company ExproSoft AS.

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As of February 27, 2004, An ExproSoft-led consortium completed an extensive study of risk aspects related to completing a range of different well types (mostly subsea wells) with and without a tubing retrievable, surface controlled, subsurface safety valve (TR-SCSSV). The study contract was awarded in March 2002. Subcontractors to ExproSoft were SINTEF Environmental Chemistry, Well Flow Dynamics, Safetec and Marintek.

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ExproSoft has developed a new procedure for assessment of new well technology on behalf of Norsk Hydro. The objective of this procedure is to identify potential risks and "de-bug" equipment and procedures to achieve maximum reliability and minimize lost time and interventions. The procedure is particularly suitable for deepwater wells.

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The Norwegian Research Institute SINTEF was instrumental in launching the spin-off company ExproSoft in April 2000. Through a recently completed agreement, SINTEF has now sold off its shares - leaving full control of the company with ExproSoft management and employees.

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Norsk Hydro has awarded a contract for qualification of large bore downhole safety valves (DHSV/SCSSV) for the Ormen Lange subsea field development to ExproSoft. The contract is ExproSoft's biggest contract to date, and represents a breakthrough in the company's services on reliability qualification of new well technology.

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An agreement was signed between SINTEF and ExproSoft on 22 June 2001 which transfers all commercial rights to a database for subsea blowout preventers (BOPs) to ExproSoft. The acquisition adds strength to the companys position as a world leading supplier of reliability databases for the upstream sector.

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The Ormen Lange Development Project with joint Norsk Hydro/Norske Shell operatorship is Norway's most challenging subsea development to date. The combination of a hostile climate, deep water (1000 m average) and potential mud slide risk makes Ormen Lange the 'ultimate'. ExproSoft was recently awarded a contract for a study on intervention requirements for this field.

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ExproSoft's Wellmaster phase IV project includes development of an Life Cycle Cost (LCC)/Life Cycle Profit (LCP) analysis module for well completions. A prototype version of the module, which is capable of detailed technical and economic risk analysis of advanced completions, was recently tested successfully against analytical calculations performed on a typical North Sea completion configuration test case.

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A new joint industry project (JIP) has been launched by a group of five oil companies and ExproSoft to reduce the costs associated with operational delays and failures related to downhole sand control equipment and operational practices. The project is an extension to the ongoing WellMaster Phase IV project.

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The first reliability course organized by ExproSoft for the upstream technology sector was completed on Jan 11, 2001. The course, which was arranged at the BP/Chevron Alliance Training Centre in Houston, was attended by 21 professionals from 11 different oil companies and service companies.

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In a report published in February 2000, Norske Conoco has ranked the WellMaster project their most cost effective R&D project over the past 20 years. Norske Conoco (operator during development phase) and Statoil (current operator) saved NOK 720 million (USD 80 million) during the Heidrun TLP development.

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