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A $700 MILLION INITIATIVE AT PRESTIGIOUS UNIVERSITIES WORLDWIDE INDUSTRIAL RESEARCH CHAIRS IN OIL & GAS RESERVOIR MODELLING

Foundation CMG Overview Sept 2011

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Page 1: Foundation CMG Overview Sept 2011

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A $700 MILLION INITIATIVE ATPRESTIGIOUS UNIVERSITIES WORLDWIDE

INDUSTRIAL RESEARCH CHAIRSIN OIL & GAS RESERVOIR MODELLING

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FOUNDATION CMG

• Not-For-Profit Research Company 30 Years Experience $75 Mil Endowment-Like Funding Member Led & Directed www.FoundationCMG.com 

• Fund Research & Grad Students at Universities Create Distinguished Research Chairs & Teams

Research of Oil & Gas Reservoir Modelling• Result for Industry & Government

HQP (High Quality People) Special Industry Leading Technology

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MEMBERS

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INITIATIVE

• Premier Researchers

At Prominent Research Universities

To Create & Lead Research Teams

• Establish 18 Chairs Worldwide

• A $700 mil Initiative

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BUILD RESEARCH TEAMSAT EACH UNIVERSITY

• Chair – Lead Researcher

2 to 4 Professors and Post Docs• ~25 Grad Students

• Admin

Each University

30 Person Multi-disciplinary Research Teams

Engineers, Geologist, Geophysicist

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18 RESEARCH CHAIRS

C #15

C #16

C #17

C #18

C #6

C #5

C #4

C #3

C #2

C #1

Chairs Working Independently

• Collaborating Frequently

• Focus on “Strategic Research

for Reservoir Modelling” 

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STRATEGIC RESEARCHPROGRAM

• O&G Reservoir Modelling

All Recovery Processes

Numerical Modelling

Geostatistics

Geomechanics 4D Visualization & Data Handling

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14 STRATEGIC RESEARCHAREAS

• Formulation & Solutions

• Geostatistics, Scaling & GriddingTechniques

• Geomechanics

• Phase Behavior & TransportPhenomena

• Uncertainty, Optimization & Control

• Visualization & Database Fusion

• Well Domain Modelling

• Multi-Purpose Simulation

• Naturally Fractured Reservoirs

• Carbonate Reservoirs

• Unconventional Gas Recovery

• Gas Recovery Processes &Disposal

• Chemical Recovery Processes

• Thermal Recovery Processes

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RELIABLE FUNDING

Matching Funding

Leverage

Companies @ 24 to 1 ($1.5 mil / $62K) Government @ 3 to 1 ($1.5 mil / $500K)

Renewal Each 5 Years – Quality Control

Governments2x FCMG$500K / Yr

Catalyst – First In

$250K / YrIndustry Consortia3x FCMG

12 Companies @ $62K/Yr

$750K / YrEach UniversityResearch Team

$1.5 MM / Yr

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COLLABORATE

• With Industry Consortia

Steering Committees at Each University

• With Computer Modelling Group Ltd.

• With Research Chairs of Other Universities

With Foundation CMG Technical Symposia Chairs & Selected Students

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Dr. Rick Chalaturnyk  Geomechanics

Dr. Sebastian Geiger Carbonate Reservoir Simulation

Dr. Ruihe Wang  Unconventional Recovery

Dr. Leonardo Guimaraes Optimization & Risk Analysis

Dr. Yu-Shu Wu Reservoir Modelling

Dr. Eric Mackay Reactive Flow Simulation

Dr. Mohamed Aggour 

Under development  

Dr. Mario Costa Sousa Scalable Reservoir Visualization

Dr. Zhangxing (John) Chen Reservoir Simulation Dr. Arne Skauge

EOR

Dr. Shuyu SunMulti-Purpose Simulation

Our Research ChairsJuly 2011

Dr. Quoc P. NguyenReservoir Engineering

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RESULT

• 18 Research Chairs Worldwide @ $1.5 mil

• Approximately $27 mil Annually

• $700 mil Over 25 Years• 5,000 Graduates Over 25 Years

PhD & MSc Research

New Technologies• Industry & Government Participation

• HQP to Exploit Newest Technology in

Industry

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Foundation CMGMembership Value Proposition

Cost Benefit

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CONTACT

Duke Anderson

President

Phone 403-450-8399Duke.Anderson@ FoundationCMG.com

www.FoundationCMG.com