India, November 2014
Ocean Competition is a unique industry event; where
university students from India, Bangladesh & Sri Lanka
work on Ocean Software Development Framework
creating various innovative plug-ins. Through these
plug-ins Ocean delivers extensibility for Schlumberger
software platforms like Petrel which enables the
development and introduction of new technology. This
event pioneered by Schlumberger Information Solutions
(SIS) in INM conducted its fifth consecutive edition this
November, which allowed a distinctive platform for E&P
operators, Schlumberger, academia & ISVs. The success
of Ocean Competition in India, has helped over the
years, in its expansion across the globe and now it is
being conducted in different countries like Malaysia,
Mexico, Brazil, Colombia, Indonesia, Nigeria and USA
contributing to the Ocean ecosystem.
The event was inaugurated by SIS Operations
Manager and some of the key clients present in the
event. This was followed a key note speech by Mr.
Goutam Ghosh, VP, Exploration for BG where he
addressed today’s exploration challenges from an
operator’s perspective.
This year Ocean Competition has seen some of the best
talents across INM come up with very innovative plug-ins
which addresses today’s challenges in the industry. There
was initial submission from over 90 teams from various
universities across India, Bangladesh and Sri Lanka. After a
very rigorous process of multi-level evaluations, 12 teams
qualified to the semifinal round. On the basis of innovation,
value addition to Petrel, utilization of Ocean API and value
added to E&P industry, 8 teams were selected as finalists to
present their work on the day of the event.
Over the years, Ocean Competition has grown not only in terms of number of participations, but also
covered varied E&P disciplines like geology, geophysics, petrophysics, drilling, production and
reservoir engineering. The students have tried to address some of the current industry challenges
through their plug-ins like “Well Anti-Collision Analysis” which evaluates the collision risk between
two or more wells and helps in directional well planning for the development of a field.
On the day of the event all the finalists presented and demonstrated their plug-in to the entire
audience who were also the jury for the competition. The audience comprised of dignitaries from E&P
industry (like ONGC, Cairn, DGH, Reliance, BG, HPCL, IOCL, and GAIL), ISVs (L&T, Wipro) and professors
(UPES, MIT).
After a very close competition the final three prizes were awarded.
First prize winner: “Oil Field Developer”- The plug-in uses
new procedures for well placement optimization using
Particle Swarm Optimization (PSO) as the underlying
optimization algorithm. Some of the features of this plug-in
are:
- Optimizes the location of production wells entered by
user
- Calculates the Net Present Value of the project
- Interpret the corresponding NPV and optimum
number of injectors and producers
- Calculates the Reservoir Opportunity Index
Prize - INR 200,000 | University: ISM Dhanbad | Team Name: Deficit Defiers | Recipient: Nitin Kumar Shukla
Second prize winner: “CBM Production Analysis”- It
is a plug-in that aims at forecasting CBM production
and predicting the gas production curve with time.
The outputs of this plug-in are:
- Initial Gas in Place
- Peak Gas Rate
- Initial Water in Place
It also displays the Gas production curve to visualize
the relative trend of production with time and
creates 3D property model of Gas-In-Place and
Water-In-Place.
Prize - INR 100,000 | University: UPES | Team Name: Aestimatio | Recipient: Shivam Saxena
Third prize winner: “Borehole Flow Modeling”- This plug-in
estimates changing pressure in the borehole with respect to
time and space. This plug-in helps us to predict the
conditions of borehole and in turn can prevent blowout, lost
circulation and other problems caused due to
mismanagement of the pressure in the well.
Prize - INR 50,000 | University: ISM Dhanbad |
Team Name: Ocean Crackers | Recipient: Abhishek Ranjan
|