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Why Value Networking is essential or why shopping for skills on LinkedIn might get one in trouble.

May 13, 2020
U3 Explore
An example of the difference between U3 Explore and LinkedIn approach to professional networking. I use LinkedIn regularly myself following the posts of the people whose opinion I value and from whom I learn. Today on LinkedIn, I came across a simple explanation of why building a Value Network that is assembled and promoted not by paid campaigns but by our personal experiences will save us from trouble. The bottom line is that paid advertisements do not guarantee the quality of advice or service. Reference-based relationships do.
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Technology
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Global
AUTHOR
Katya (Ekaterina) Casey
MEMBER SINCE
Nov 16, 2019
U3 EXPLORE Venezuela Project
code t3
U3 Explore
Actus Veritas Geoscience
CEO Managing Director, Actus Veritas Geoscience LLC

Katya is one of the founders of Actus Veritas Geoscience and U3 Explore. She has more than 30 years of experience in the Petroleum Industry. Katya is a uniquely qualified professional with experience in geoscience, geospatial analysis, design, and implementation of specialized technical assessments and technologies in the Upstream Oil and Gas Industry. She is now applying her oil and gas subsurface characterization skills in decarbonization projects in regional and injection site assessments.

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Partnership with Coastline Exploration Ltd is announced
Mar 12, 2023
Katya (Ekaterina) Casey
Actus Veritas Geoscience

The Coastline Exploration/Actus Veritas Geoscience team participated in the Oil and Gas East Africa 2023 show in Tanzania, Dar es Salam where it officially launched the data room campaign and the partnership in project delivery.

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The Coastline Exploration/Actus Veritas Geoscience team participated in the Oil and Gas East Africa 2023 show in Tanzania, Dar es Salam where it officially launched the data room campaign and the partnership in project delivery.
Editorial on the 83d Annual EAGE Exhibition and Conference in Madrid June 2022
Jun 20, 2022
Katya (Ekaterina) Casey
U3 Explore

More than 4800 oil and gas professionals gathered at the 83d Annual EAGE Exhibition and Conference in Madrid in June of 2022, under the banner of “Leading the Geosciences in a New Era”. The Energy Transition was, of course, the crux of the “New Era” of the conference banner, and was probably foremost in everyone's mind as they prepared to attend early in the year, but inevitably current events in Europe overshadowed the meeting, bringing energy security challenges to the forefront. 

VIEW REPORT
More than 4800 oil and gas professionals gathered at the 83d Annual EAGE Exhibition and Conference in Madrid in June of 2022, under the banner of “Leading the Geosciences in a New Era”. The Energy Transition was, of course, the crux of the “New Era” of the conference banner, and was probably foremost in everyone's mind as they prepared to attend early in the year, but inevitably current events in Europe overshadowed the meeting, bringing energy security challenges to the forefront. 
Workshops -Training - Project Advisory: Application of Oil and Gas Industry skills and experience in Decarbonization projects
Feb 7, 2022
Katya (Ekaterina) Casey
U3 Explore

We believe that the most effective way to pursue carbon storage projects is to apply E&P best practices of data acquisition/analysis and project management to the understanding of regional and local conditions necessary to deliver projects to the standard required by regulatory authorities

VIEW REPORT
We believe that the most effective way to pursue carbon storage projects is to apply E&P best practices of data acquisition/analysis and project management to the understanding of regional and local conditions necessary to deliver projects to the standard required by regulatory authorities
Deploying petroleum play-based exploration methodologies for carbon storage site characterization
Jan 25, 2022
Katya (Ekaterina) Casey
Actus Veritas Geoscience

The EPA application process for the injection project permit is an iterative process, requiring the completion of an extensive questionnaire that covers a detailed description of the subsurface, addressing regional and local aspects of the storage container. We propose that the Play-based assessment methodology developed and successfully used in Petroleum exploration during the last two decades could be deployed for the characterization of the risks and uncertainties of the Area of Review (AoR) as defined by Environmental Protection Agency (EPA) for Class 6 well (CCUS) permit approval process.

VIEW REPORT
The EPA application process for the injection project permit is an iterative process, requiring the completion of an extensive questionnaire that covers a detailed description of the subsurface, addressing regional and local aspects of the storage container. We propose that the Play-based assessment methodology developed and successfully used in Petroleum exploration during the last two decades could be deployed for the characterization of the risks and uncertainties of the Area of Review (AoR) as defined by Environmental Protection Agency (EPA) for Class 6 well (CCUS) permit approval process.
Influence of poly-phase plate-margin processes on Jurassic and Cretaceous Basin development in Guyana-Demerara and conjugate Guinea Plateau basins
Sep 14, 2021
Katya (Ekaterina) Casey
Actus Veritas Geoscience

Demerara and Guinea plateaus are plate-margin conjugate structures in South America and Africa, respectively. They have experienced at least two phases of non-orthogonal extension punctuated by a phase of transpressional deformation in the Early Cretaceous prior to the opened connection between Central and Equatorial Atlantic was established. First presented at AAPG Caribbean Technical Symposium Summit 2021

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Demerara and Guinea plateaus are plate-margin conjugate structures in South America and Africa, respectively. They have experienced at least two phases of non-orthogonal extension punctuated by a phase of transpressional deformation in the Early Cretaceous prior to the opened connection between Central and Equatorial Atlantic was established.
First presented at AAPG Caribbean Technical Symposium Summit 2021
Energy Transition, Leadership, and Digital Transformation
Aug 16, 2021
Katya (Ekaterina) Casey
Actus Veritas Geoscience

The energy transition is not new for mankind. People managed to transition and adapt to a variety of energy resources and changing environments from wood-burning stoves to nuclear power. Only crisis pushes humans to change, such as the infamous fog of London in December of 1952 that killed thousands of people. After that, the local air pollution was hard to ignore and it brought a clean air act. Today we are empowered by a variety of technologies and scientific understanding that we should not ignore and put into good use. Educated actions, not slogans are required to succeed.

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The energy transition is not new for mankind. People managed to transition and adapt to a variety of energy resources and changing environments from wood-burning stoves to nuclear power. Only crisis pushes humans to change, such as the infamous fog of London in December of 1952 that killed thousands of people. After that, the local air pollution was hard to ignore and it brought a clean air act. Today we are empowered by a variety of technologies and scientific understanding that we should not ignore and put into good use. Educated actions, not slogans are required to succeed.
The Uncharted Territory of 2021: lessons from 2020
Dec 31, 2020
Katya (Ekaterina) Casey
U3 Explore

U3 Explore is now one year old, and here are the highlights of our first year. U3 stands for Unlocked, Untold, Unfiltered stories of people with exploratory mindsets. These people have analytical and determined personalities. They like to collect information and figure out the meaning of their observations. They are proactive in preserving and communicating years of institutional knowledge in the integrated project delivery.

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U3 Explore is now one year old, and here are the highlights of our first year. U3 stands for Unlocked, Untold, Unfiltered stories of people with exploratory mindsets. These people have analytical and determined personalities. They like to collect information and figure out the meaning of their observations. They are proactive in preserving and communicating years of institutional knowledge in the integrated project delivery.
What did we learn from working virtually in 2020 and an outlook on 2021?
Dec 9, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

Ten months into the virtualization experiment, it is time to analyze what we have learned so far and how we can use this experience in 2021. In October-November of 2020, the U3 Explore community conducted a survey to compare the notes on the people's experience in a virtual environment and held a panel discussion of virtual working practitioners. Today we share a quick summary of the survey results and the highlights of our hour and a half panel discussion on November 18th.

VIEW REPORT
Ten months into the virtualization experiment, it is time to analyze what we have learned so far and how we can use this experience in 2021.
In October-November of 2020, the U3 Explore community conducted a survey to compare the notes on the people's experience in a virtual environment and held a panel discussion of virtual working practitioners.
Today we share a quick summary of the survey results and the highlights of our hour and a half panel discussion on November 18th.
Could we improve virtualization experiences across the E&P business in 2021?
Nov 9, 2020
Katya (Ekaterina) Casey
U3 Explore

2020 is coming to an end, and it is time to reflect on it and plan for 2021. Virtual experiences have touched us all. Many of you were forced to adapt rapidly without prior experiences in virtual meetings and virtual business administration. The U3 Explore community had many private conversations on virtual business with our technology partners and found the advice we provide for each other very valuable. We want to extend the knowledge of the subject, share our experiences, and answer any questions on the best practices of the orchestration of the virtual office's business activities.

VIEW REPORT
2020 is coming to an end, and it is time to reflect on it and plan for 2021. Virtual experiences have touched us all. Many of you were forced to adapt rapidly without prior experiences in virtual meetings and virtual business administration. The U3 Explore community had many private conversations on virtual business with our technology partners and found the advice we provide for each other very valuable.
We want to extend the knowledge of the subject, share our experiences, and answer any questions on the best practices of the orchestration of the virtual office's business activities.
How the science of subsurface determines the future of the oil and gas industry
Sep 25, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

Let’s face it: what really got hit badly across the oil and gas industry is the confidence of employees which comes with experience. Without confidence in what they are doing people get consumed by meaningless processes hoping they will lead them somewhere. Meaningful work is defined by building competencies which in turn provide an employee with autonomy and relevance to the common goal. What are the critical skills for a new generation of geoscientists?

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Let’s face it: what really got hit badly across the oil and gas industry is the confidence of employees which comes with experience. Without confidence in what they are doing people get consumed by meaningless processes hoping they will lead them somewhere. Meaningful work is defined by building competencies which in turn provide an employee with autonomy and relevance to the common goal. What are the critical skills for a new generation of geoscientists?
Learning from mistakes: Creating value from understanding the reasons we fail
Sep 2, 2020
Katya (Ekaterina) Casey
U3 Explore

It is overall our view that creaming curve analysis is most valuable when it discriminates between the plays and playtests, when it may indeed identify missed opportunities or even new plays when combined with as thorough an understanding of the history of the basin as possible. "Lumping" the statistics together appears not to serve this purpose, at least in predictive mode, when trying to build a new portfolio and incorporate the potential value of speculative or conceptual plays.

VIEW REPORT
It is overall our view that creaming curve analysis is most valuable when it discriminates between the plays and playtests, when it may indeed identify missed opportunities or even new plays when combined with as thorough an understanding of the history of the basin as possible. "Lumping" the statistics together appears not to serve this purpose, at least in predictive mode, when trying to build a new portfolio and incorporate the potential value of speculative or conceptual plays.
The absence of evidence does not necessarily mean the evidence for absence – exploration beyond first-order basin statistics
Jul 29, 2020
Katya (Ekaterina) Casey
U3 Explore

Basin and play exploration are inherently governed by the management of risk and uncertainty at the portfolio level. Exploration investment decisions biased by risk-averse teams are susceptible to first-order basin statistics which may reflect a historical “poor” exploration history and exhaustion of existing play concepts. New concepts, new models, new thinking, and consideration of alternatives often result in a paradigm shift despite previous negative results.

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Basin and play exploration are inherently governed by the management of risk and uncertainty at the portfolio level. Exploration investment decisions biased by risk-averse teams are susceptible to first-order basin statistics which may reflect a historical “poor” exploration history and exhaustion of existing play concepts. New concepts, new models, new thinking, and consideration of alternatives often result in a paradigm shift despite previous negative results.
Oil and Gas Asset Marketing in COVID-19 Environment
Jul 7, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

As a consequence of COVID-19, most trade shows and events planned during 2020-2021 will be virtual, which places new demands on the exhibitors. To differentiate the company or the opportunities available for sale, and to draw the attention of the event visitors, new digital offerings are required.

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As a consequence of COVID-19, most trade shows and events planned during 2020-2021 will be virtual, which places new demands on the exhibitors. To differentiate the company or the opportunities available for sale, and to draw the attention of the event visitors, new digital offerings are required.
Survey Results: Adaptation or remission : what next for E&P?
May 30, 2020
Katya (Ekaterina) Casey
U3 Explore

The purpose of the survey is to collect information across different companies and geographies and help the industry in recovery after the crisis. There are many publications about how lost we became and the recognition that people want to return to a "new normal." There is an understanding that this "new normal" should reflect not only our new hygiene practices but also help us to reconnect with our lives, families, and friends, make our work more meaningful, and help us to focus on things that are important in our lives.

VIEW REPORT
The purpose of the survey is to collect information across different companies and geographies and help the industry in recovery after the crisis. There are many publications about how lost we became and the recognition that people want to return to a "new normal." There is an understanding that this "new normal" should reflect not only our new hygiene practices but also help us to reconnect with our lives, families, and friends, make our work more meaningful, and help us to focus on things that are important in our lives.
Scratch 2020: Let's plan for 2021. Second private Interview with Oil and Gas CEO
May 21, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

The playbook for fiscal responsibility has an accepted approach in the low-price environment: cut cost. But what gets cut first, and do we cut an opportunity to grow in the future? If you could find Guyana basin today - would you? We continue to explore these questions in private conversations with C-Level Executives testing different perceptions shared behind closed doors. We hope these insights are considered to help the industry to emerge from the crisis in a better state.

VIEW REPORT
The playbook for fiscal responsibility has an accepted approach in the low-price environment: cut cost. But what gets cut first, and do we cut an opportunity to grow in the future? If you could find Guyana basin today - would you?
We continue to explore these questions in private conversations with C-Level Executives testing different perceptions shared behind closed doors. We hope these insights are considered to help the industry to emerge from the crisis in a better state.
Как организовать удалённую работу инженера-нефтяника во время карантина
May 18, 2020
Katya (Ekaterina) Casey

Интервью во время карантина: Современные и экономически выгодные компьютерные системы включающие в себя программы, хранилище данных и способы работы с ними, разработанные и оптимизированные в 21м веке, позволяют компаниям быстро перейти на полный удаленный метод работы с максимальным экономическим успехом.

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Интервью во время карантина: Современные и экономически выгодные компьютерные системы включающие в себя программы, хранилище данных и способы работы с ними, разработанные и оптимизированные в 21м веке, позволяют компаниям быстро перейти на полный удаленный метод работы с максимальным экономическим успехом.
Adaptation or remission : what next for E&P?
May 8, 2020
Katya (Ekaterina) Casey
U3 Explore

Technical expertise and business acumen have differentiated sustainable performance among E&P competitors. 2020 First Quarter earnings results evidence the pressures that face the future direction of the global E&P industry. Capital discipline strategies have reshaped the forward outlook of companies and for industry professionals uncertainty will be foremost in their thoughts. What will emerge from this period?

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Technical expertise and business acumen have differentiated sustainable performance among E&P competitors. 2020 First Quarter earnings results evidence the pressures that face the future direction of the global E&P industry. Capital discipline strategies have reshaped the forward outlook of companies and for industry professionals uncertainty will be foremost in their thoughts. What will emerge from this period?
What geoscientists should focus on to deliver the value post Coronavirus?
Apr 19, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

It appears that statistical models today are substituting factual business analysis in decision making. People are trying to predict all possible outcomes of their models with little control and/or understanding of the parameters that are impacting the quality and reliability of the result. Over the last four years, oil and gas companies were focused on hiring data scientists, and Geoanalytics is often called to help. Yet, mathematical modeling of the physical processes is not a new concept.

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It appears that statistical models today are substituting factual business analysis in decision making. People are trying to predict all possible outcomes of their models with little control and/or understanding of the parameters that are impacting the quality and reliability of the result.
Over the last four years, oil and gas companies were focused on hiring data scientists, and Geoanalytics is often called to help. Yet, mathematical modeling of the physical processes is not a new concept.
Survey Results Report:  "Oil and Gas: Let's Check our Corona Virus Related Temperature"
Apr 7, 2020
Katya (Ekaterina) Casey
U3 Explore

This analysis uses the data collected over March 25th- April 5th. By the digital nature of our survey, the responses are biased towards technically enabled companies and individuals that were set up for occasional remote work. We analyze 1- the overall level of the system preparedness for such an extraordinary situation when the majority of the workforce is working from home, where the entire family is streaming homeworks, videos, and videoconferencing; 2- social aspects of the remote working; 3- feedback on the support provided for remote workers and ideas on post-crisis recovery

VIEW REPORT
This analysis uses the data collected over March 25th- April 5th. By the digital nature of our survey, the responses are biased towards technically enabled companies and individuals that were set up for occasional remote work. We analyze 1- the overall level of the system preparedness for such an extraordinary situation when the majority of the workforce is working from home, where the entire family is streaming homeworks, videos, and videoconferencing; 2- social aspects of the remote working; 3- feedback on the support provided for remote workers and ideas on post-crisis recovery
Oil and Gas: Let's check our Corona-virus related temperature
Mar 25, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

How do we prepare ourselves for the post-coronavirus world? Will the small businesses survive this? Will the dramatic cost-cutting exercises of corporations help them re-tool for the new future or will they just return to “business as usual”?

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How do we prepare ourselves for the post-coronavirus world? Will the small businesses survive this? Will the dramatic cost-cutting exercises of corporations help them re-tool for the new future or will they just return to “business as usual”?
Scratch 2020: Let's plan for 2021. First private Interview with Oil and Gas CEO
May 3, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

Most professionals in oil & gas agree that the current industry crisis is going to be deeper than any of the previous ones and that it is going to last through 2020, without any significant improvements. Industry leaders have to make bold yet calculated moves in this new business landscape. In private conversations, different perceptions are shared behind closed doors, while the public industry gatherings offer mainly promotional information. It is unlikely that this industry is going to be able to emerge from this down-cycle without having honest conversations about its current state.

VIEW REPORT
Most professionals in oil & gas agree that the current industry crisis is going to be deeper than any of the previous ones and that it is going to last through 2020, without any significant improvements. Industry leaders have to make bold yet calculated moves in this new business landscape.
In private conversations, different perceptions are shared behind closed doors, while the public industry gatherings offer mainly promotional information. It is unlikely that this industry is going to be able to emerge from this down-cycle without having honest conversations about its current state.
Opening white page of 2020
Jan 15, 2020
Katya (Ekaterina) Casey
Actus Veritas Geoscience

In 2019 Oil and Gas corporations were still focused on optimization of the individual processes often without shared value across the organizations. The digital era continues to generate large volumes of data which consists of both- noise and valid information. I think the key question for 2020 is-"How one can separate the information from the noise and make valid decisions?" and therefore, the question of the proper balance between digital and human capabilities in the decision-making process is still open in 2020

VIEW REPORT
In 2019 Oil and Gas corporations were still focused on optimization of the individual processes often without shared value across the organizations. The digital era continues to generate large volumes of data which consists of both- noise and valid information. I think the key question for 2020 is-"How one can separate the information from the noise and make valid decisions?" and therefore, the question of the proper balance between digital and human capabilities in the decision-making process is still open in 2020
Supporting renewed interest in exploration of South Atlantic Margin: New Best Fit Plate Tectonic Model for South Atlantic Opening
Feb 20, 2019
Katya (Ekaterina) Casey
Actus Veritas Geoscience

There is a renewed interest in exploration for oil and gas in deep and shallow waters of South Atlantic. The hopes are high especially with recent exploration success offshore Guyana and Mauritania. Delineation of the basins and mapping the extents of the pursued plays are two out of several critical components of the comprehensive geologic analysis and are fundamental to exploration success. During the last decade, deepwater drilling in South Atlantic proved multiple assumptions of the earlier geologic models of continent-ocean transition inadequate.

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There is a renewed interest in exploration for oil and gas in deep and shallow waters of South Atlantic. The hopes are high especially with recent exploration success offshore Guyana and Mauritania. Delineation of the basins and mapping the extents of the pursued plays are two out of several critical components of the comprehensive geologic analysis and are fundamental to exploration success. During the last decade, deepwater drilling in South Atlantic proved multiple assumptions of the earlier geologic models of continent-ocean transition inadequate.
The lessons of Silicon Valley and why the model doesn’t fit Houston
Nov 21, 2019
Katya (Ekaterina) Casey
Actus Veritas Geoscience

There is so much talk about building new Silicon Valley in Houston but I think there is very little understanding of what it really is and what should be built in Houston.

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There is so much talk about building new Silicon Valley in Houston but I think there is very little understanding of what it really is and what should be built in Houston.
Digital Transformation or Digital Maturation
Apr 15, 2019
Katya (Ekaterina) Casey
Actus Veritas Geoscience

Steven Zobell in his article published by Forbes magazine in March of 2018 estimates that in 2018 enterprises will invest $1.3 trillion USD in Digital Transformation projects to “improve efficiencies, increase customer value and create new monetization opportunities”. In the same research, Steven analyses the reasons why 70% of these initiatives will not reach the objectives. AVGeo specialists were involved in digital workflow improvement projects in 2018 and would like to share our experiences and see if the predictions of Steve Zobell were correct.

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Steven Zobell in his article published by Forbes magazine in March of 2018 estimates that in 2018 enterprises will invest $1.3 trillion USD in Digital Transformation projects to “improve efficiencies, increase customer value and create new monetization opportunities”. In the same research, Steven analyses the reasons why 70% of these initiatives will not reach the objectives. AVGeo specialists were involved in digital workflow improvement projects in 2018 and would like to share our experiences and see if the predictions of Steve Zobell were correct.
Human Capital In a World of Analytics and Big Data in Exploration Workflows
Apr 1, 2019
Katya (Ekaterina) Casey
Actus Veritas Geoscience

In this presentation, I've discussed human cognitive learning while working with different sets of Big Data in Petroleum Exploration workflows. An effective reduction in the volumes of Big Data without information loss, AI in seismic interpretation and spatial analytics, and a visual aggregation of the single-threaded evaluations into a comprehensive multithreaded business decision are required for delivery of successful exploration programs

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In this presentation, I've discussed human cognitive learning while working with different sets of Big Data in Petroleum Exploration workflows. An effective reduction in the volumes of Big Data without information loss, AI in seismic interpretation and spatial analytics, and a visual aggregation of the single-threaded evaluations into a comprehensive multithreaded business decision are required for delivery of successful exploration programs
My Take on Forecasting of Oil Prices
Aug 1, 2019
Katya (Ekaterina) Casey
Actus Veritas Geoscience

I think the biggest driver in oil price vulnerability is a human factor once again and people tend to overreact to the bad news. They do not take the time to take a step back and to look at a longer trend.

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I think the biggest driver in oil price vulnerability is a human factor once again and people tend to overreact to the bad news. They do not take the time to take a step back and to look at a longer trend.
Opening a white page of 2019
Jan 1, 2019
Katya (Ekaterina) Casey
Actus Veritas Geoscience

The New Year had started, and it's time to take an objective look at lessons learned in 2018, and the new opportunities ahead in 2019.

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The New Year had started, and it's time to take an objective look at lessons learned in 2018, and the new opportunities ahead in 2019.
Solving the Passive Margin Play Map Paradox offshore Uruguay – The Value Density Proposition
Oct 25, 2019
Katya (Ekaterina) Casey
Actus Veritas Geoscience

Presented at First HGS/EAGE Conference on Latin America, November 2019 The existing perceptions of the offshore Uruguay petroleum system assessment may be challenged by an analysis of the failure modes of three exploration wells drilled in the basin. This is an underexplored basin with a poor exploration record. Arguably, the wells tested prospect-specific locations but left other plays of interest untested.

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Presented at First HGS/EAGE Conference on Latin America, November 2019
The existing perceptions of the offshore Uruguay petroleum system assessment may be challenged by an analysis of the failure modes of three exploration wells drilled in the basin. This is an underexplored basin with a poor exploration record. Arguably, the wells tested prospect-specific locations but left other plays of interest untested.
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Editorial on the 83d Annual EAGE Exhibition and Conference in Madrid June 2022
Jun 20, 2022
Katya (Ekaterina) Casey
U3 Explore

More than 4800 oil and gas professionals gathered at the 83d Annual EAGE Exhibition and Conference in Madrid in June of 2022, under the banner of “Leading the Geosciences in a New Era”. The Energy Transition was, of course, the crux of the “New Era” of the conference banner, and was probably foremost in everyone's mind as they prepared to attend early in the year, but inevitably current events in Europe overshadowed the meeting, bringing energy security challenges to the forefront. 

VIEW REPORT
More than 4800 oil and gas professionals gathered at the 83d Annual EAGE Exhibition and Conference in Madrid in June of 2022, under the banner of “Leading the Geosciences in a New Era”. The Energy Transition was, of course, the crux of the “New Era” of the conference banner, and was probably foremost in everyone's mind as they prepared to attend early in the year, but inevitably current events in Europe overshadowed the meeting, bringing energy security challenges to the forefront. 
Industrial project management for carbon storage site characterization and lifecycle of the carbon credits trading
Mar 24, 2022
Marel Sanchez
U3 Explore

Our services provide reduction of uncertainty in subsurface characterization during carbon subsurface storage permit application, construction authorization, and site operations, which requires a consistent approach using data quality and reliability assessment and applying statistically valid data analysis to better understand subsurface variability.

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Our services provide reduction of uncertainty in subsurface characterization during carbon subsurface storage permit application, construction authorization, and site operations, which requires a consistent approach using data quality and reliability assessment and applying statistically valid data analysis to better understand subsurface variability.
Revisiting structural styles around northern Malaysia, Indonesia, and Brunei offshore basins
Mar 17, 2022
Carlos Giraldo
U3 Explore

We summarize preliminary results of the structural styles obtained from a bibliographic review and our expertise related to the tectonic analysis, the performance of quality controls, and the balanced cross-sections throughout these basins. The seismic interpretation and the review of the surface geology also included in this work allow delimiting several structural domains. This paper will be published at the 83rd EAGE Annual Conference & Exhibition

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We summarize preliminary results of the structural styles obtained from a bibliographic review and our expertise related to the tectonic analysis, the performance of quality controls, and the balanced cross-sections throughout these basins. The seismic interpretation and the review of the surface geology also included in this work allow delimiting several structural domains. This paper will be published at the 83rd EAGE Annual Conference & Exhibition
Neogene structural evolution along southern Gulf of México (Campeche sub-basin)
Mar 11, 2022
Carlos Giraldo
U3 Explore

Neogene's tectonic evolution of the southern Gulf of México (Campeche sub-basin) is associated with intense salt-mobilization, and it can be separated into 3 main episodes: 1. Late Oligocene (?) - early Miocene to middle Miocene: salt-rooted thrusts running parallel to the Paleogene Zongolica front that generated a series of northwest-southeast oriented anticlines.. 2. Late Miocene – Pliocene extension: NE-SW Macuspana depocenter. 3. Pliocene – Quaternary extension: NE-SW Comalcalco. This paper will be presented at the 83rd EAGE Annual Conference & Exhibition 2022 in Madrid.

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Neogene's tectonic evolution of the southern Gulf of México (Campeche sub-basin) is associated with intense salt-mobilization, and it can be separated into 3 main episodes: 1. Late Oligocene (?) - early Miocene to middle Miocene: salt-rooted thrusts running parallel to the Paleogene Zongolica front that generated a series of northwest-southeast oriented anticlines.. 2. Late Miocene – Pliocene extension: NE-SW Macuspana depocenter. 3. Pliocene – Quaternary extension: NE-SW Comalcalco. This paper will be presented at the 83rd EAGE Annual Conference & Exhibition 2022 in Madrid.
Deploying Petroleum Workflows for Carbon Storage site characterization and Project Management
Mar 3, 2022
Kevin Schofield
U3 Explore

We propose that the Play-Based methodology for characterizing the exploration potential of an area developed and successfully used in Petroleum exploration during the last two decades should be deployed for the characterization of the risks and uncertainties of the Area of Review (AoR) as defined by Environmental Protection Agency (EPA) for Class 6 well (CCUS) permit approval process. Because both the application for an injection project permit is iterative, and because the development of a carbon sequestration project is a long-term, capital-intensive, multi-stage process, we further propose

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We propose that the Play-Based methodology for characterizing the exploration potential of an area developed and successfully used in Petroleum exploration during the last two decades should be deployed for the characterization of the risks and uncertainties of the Area of Review (AoR) as defined by Environmental Protection Agency (EPA) for Class 6 well (CCUS) permit approval process. Because both the application for an injection project permit is iterative, and because the development of a carbon sequestration project is a long-term, capital-intensive, multi-stage process, we further propose
Workshops -Training - Project Advisory: Application of Oil and Gas Industry skills and experience in Decarbonization projects
Feb 7, 2022
Katya (Ekaterina) Casey
U3 Explore

We believe that the most effective way to pursue carbon storage projects is to apply E&P best practices of data acquisition/analysis and project management to the understanding of regional and local conditions necessary to deliver projects to the standard required by regulatory authorities

VIEW REPORT
We believe that the most effective way to pursue carbon storage projects is to apply E&P best practices of data acquisition/analysis and project management to the understanding of regional and local conditions necessary to deliver projects to the standard required by regulatory authorities
Multi – basin look at the Oligo – Neogene carbonate play in the South Caribbean margin of South America
Jan 25, 2022
Juan Francisco Arminio
U3 Explore

Look back studies help review exploratory concepts in light of recent advances. With a regional look focused on critical elements of the petroleum system, we present here a review of the Oligo –Neogene play of carbonates and related clastics present both offshore and onshore in the South Caribbean and hosts gas accumulations that range from small to medium and giant in five basins of Colombia and Venezuela.

VIEW REPORT
Look back studies help review exploratory concepts in light of recent advances. With a regional look focused on critical elements of the petroleum system, we present here a review of the Oligo –Neogene play of carbonates and related clastics present both offshore and onshore in the South Caribbean and hosts gas accumulations that range from small to medium and giant in five basins of Colombia and Venezuela.
Critical risk factors analysis of a Tertiary carbonate play in Colombian-Venezuelan sedimentary basins
Sep 16, 2021
Juan Francisco Arminio
U3 Explore

Hydrocarbon accumulations in a Tertiary carbonate play in sedimentary basins of northern South America range from small to medium to giant. The fields are located both onshore and in shallow waters of the southern Caribbean Sea. Recent discoveries and wide variation in the play's field sizes generate renewed interest in the exploration in the region onshore and offshore. The exploratory risk could be reduced by a better understanding of controls on the field size distribution and reservoir presence and/or quality.

VIEW REPORT
Hydrocarbon accumulations in a Tertiary carbonate play in sedimentary basins of northern South America range from small to medium to giant. The fields are located both onshore and in shallow waters of the southern Caribbean Sea. Recent discoveries and wide variation in the play's field sizes generate renewed interest in the exploration in the region onshore and offshore. The exploratory risk could be reduced by a better understanding of controls on the field size distribution and reservoir presence and/or quality.
Exploration methodologies and machine learning applications
Feb 6, 2021
Juan Francisco Arminio
U3 Explore

One of the more recent technological advances to gain traction in Oil and Gas is the application of Machine Learning processes to solve geoscience problems, such as those related to trap and reservoir identification in salt basins. With ever-increasing data processing capacity and decreasing processing costs, it's only natural for oil and gas companies to adopt increasingly efficient ML applications, pushing them to the limits of what they can do. ML is here to stay from that point of view, and investment in developing and refining ML technology will only grow with time.

VIEW REPORT
One of the more recent technological advances to gain traction in Oil and Gas is the application of Machine Learning processes to solve geoscience problems, such as those related to trap and reservoir identification in salt basins. With ever-increasing data processing capacity and decreasing processing costs, it's only natural for oil and gas companies to adopt increasingly efficient ML applications, pushing them to the limits of what they can do. ML is here to stay from that point of view, and investment in developing and refining ML technology will only grow with time.
The Uncharted Territory of 2021: lessons from 2020
Dec 31, 2020
Katya (Ekaterina) Casey
U3 Explore

U3 Explore is now one year old, and here are the highlights of our first year. U3 stands for Unlocked, Untold, Unfiltered stories of people with exploratory mindsets. These people have analytical and determined personalities. They like to collect information and figure out the meaning of their observations. They are proactive in preserving and communicating years of institutional knowledge in the integrated project delivery.

VIEW REPORT
U3 Explore is now one year old, and here are the highlights of our first year. U3 stands for Unlocked, Untold, Unfiltered stories of people with exploratory mindsets. These people have analytical and determined personalities. They like to collect information and figure out the meaning of their observations. They are proactive in preserving and communicating years of institutional knowledge in the integrated project delivery.
Helping machines learn: 10 Geoscience Principles Machine Learning hasn’t learned yet
Dec 17, 2020
Scotty Salamoff
U3 Explore

Many ascribe the recent successes of Machine Learning to an increase in available compute power; it is however also a result of 25+ years of intensive scientific research and experiences gleaned from the investment of time and money into understanding and correctly describing geoscience problems associated with petroleum systems that contribute wisdom to the outputs of a machine learning process. We have compiled a list of the top 10 geoscience concepts that machine learning -for all its strengths and benefits - is currently incapable of understanding.

VIEW REPORT
Many ascribe the recent successes of Machine Learning to an increase in available compute power; it is however also a result of 25+ years of intensive scientific research and experiences gleaned from the investment of time and money into understanding and correctly describing geoscience problems associated with petroleum systems that contribute wisdom to the outputs of a machine learning process. We have compiled a list of the top 10 geoscience concepts that machine learning -for all its strengths and benefits - is currently incapable of understanding.
Early Cretaceous Conomita outcrop: structural analysis of syn-sedimentary gravity-driven deformations (NE Venezuela)
Oct 10, 2020
Carlos Giraldo
U3 Explore

An updated analysis of Conomita Fold outcrop (Barranquin Fm.) was performed using an image of a field-trip guide-book organized by PDVSA in 1993: Excursion al Frente de Montaña, Venezuela Oriental (Stop # 5). “Remote” structural analysis carried-out along this outcrop reveals the existence of several deformation episodes related to gravity-driven processes. Conomita fold appears to be a slump feature generated in a deltaic setting. Early Cretaceous rocks were strongly tilted during the Miocene-Recent tectonics phase contemporaneously to El Pilar right-lateral strike-slip fault.

VIEW REPORT
An updated analysis of Conomita Fold outcrop (Barranquin Fm.) was performed using an image of a field-trip guide-book organized by PDVSA in 1993: Excursion al Frente de Montaña, Venezuela Oriental (Stop # 5). “Remote” structural analysis carried-out along this outcrop reveals the existence of several deformation episodes related to gravity-driven processes. Conomita fold appears to be a slump feature generated in a deltaic setting. Early Cretaceous rocks were strongly tilted during the Miocene-Recent tectonics phase contemporaneously to El Pilar right-lateral strike-slip fault.
Is it possible to attain 1:1000 level precision from high resolution satellite stereo imagery?
Nov 5, 2020
Carlos Naranjo
U3 Explore

Remote Sensing Satellites are great because of its availability, cost-effectiveness, and easy to program tasks. On the other hand, in most countries, you have to go through a lengthy process to be able to take an aerial photograph (digital or analog) if you use an aircraft. This is one of the many advantages to use satellites instead of aircraft and also It is more practical from the project standpoint. But sometimes you need high-resolution imagery to perform engineering or cadastral grade work. Would it be neat to be able to do it with satellite imagery instead?

VIEW REPORT
Remote Sensing Satellites are great because of its availability, cost-effectiveness, and easy to program tasks. On the other hand, in most countries, you have to go through a lengthy process to be able to take an aerial photograph (digital or analog) if you use an aircraft. This is one of the many advantages to use satellites instead of aircraft and also It is more practical from the project standpoint. But sometimes you need high-resolution imagery to perform engineering or cadastral grade work. Would it be neat to be able to do it with satellite imagery instead?
Could we improve virtualization experiences across the E&P business in 2021?
Nov 9, 2020
Katya (Ekaterina) Casey
U3 Explore

2020 is coming to an end, and it is time to reflect on it and plan for 2021. Virtual experiences have touched us all. Many of you were forced to adapt rapidly without prior experiences in virtual meetings and virtual business administration. The U3 Explore community had many private conversations on virtual business with our technology partners and found the advice we provide for each other very valuable. We want to extend the knowledge of the subject, share our experiences, and answer any questions on the best practices of the orchestration of the virtual office's business activities.

VIEW REPORT
2020 is coming to an end, and it is time to reflect on it and plan for 2021. Virtual experiences have touched us all. Many of you were forced to adapt rapidly without prior experiences in virtual meetings and virtual business administration. The U3 Explore community had many private conversations on virtual business with our technology partners and found the advice we provide for each other very valuable.
We want to extend the knowledge of the subject, share our experiences, and answer any questions on the best practices of the orchestration of the virtual office's business activities.
New interpretive processes enabled by A.I. and Machine Learning Tools
Oct 24, 2020
Scotty Salamoff
U3 Explore

The best new techniques that are appearing in geoscience toolkits today make use of Machine Learning and AI technologies to analyze massive quantities of seismic data with understood geological codependences. Coincident with the rapid acceptance and deployment of these tools by major E&P companies must however come a pivot in the way that we as geoscientists approach interpretation. In this paper we focus on the new balance between human and machine roles in the interpretation of 3D seismic data.

VIEW REPORT
The best new techniques that are appearing in geoscience toolkits today make use of Machine Learning and AI technologies to analyze massive quantities of seismic data with understood geological codependences. Coincident with the rapid acceptance and deployment of these tools by major E&P companies must however come a pivot in the way that we as geoscientists approach interpretation.
In this paper we focus on the new balance between human and machine roles in the interpretation of 3D seismic data.
Artificial Intelligence and Geoscience: Is AI augmenting Human Intelligence or Is Human Intelligence Augmenting AI?
Oct 8, 2020
Scotty Salamoff
U3 Explore

What do the two sciences need to know about each other to deliver practical results? On the image above is a wavelet displayed to scale next to a wave-shaped building. Appreciation of scale is one of the skills critical in oil and gas AI projects. On the other side, to be a successful petroleum geoscientist in the post-COVID requires a set of very specific new skills in addition to the understanding of geologic concepts. These new skills are not normally associated with geoscience but are fast becoming critical for geoscientists to operate in an E&P environment.

VIEW REPORT
What do the two sciences need to know about each other to deliver practical results? On the image above is a wavelet displayed to scale next to a wave-shaped building. Appreciation of scale is one of the skills critical in oil and gas AI projects. On the other side, to be a successful petroleum geoscientist in the post-COVID requires a set of very specific new skills in addition to the understanding of geologic concepts. These new skills are not normally associated with geoscience but are fast becoming critical for geoscientists to operate in an E&P environment.
Learning from mistakes: Creating value from understanding the reasons we fail
Sep 2, 2020
Katya (Ekaterina) Casey
U3 Explore

It is overall our view that creaming curve analysis is most valuable when it discriminates between the plays and playtests, when it may indeed identify missed opportunities or even new plays when combined with as thorough an understanding of the history of the basin as possible. "Lumping" the statistics together appears not to serve this purpose, at least in predictive mode, when trying to build a new portfolio and incorporate the potential value of speculative or conceptual plays.

VIEW REPORT
It is overall our view that creaming curve analysis is most valuable when it discriminates between the plays and playtests, when it may indeed identify missed opportunities or even new plays when combined with as thorough an understanding of the history of the basin as possible. "Lumping" the statistics together appears not to serve this purpose, at least in predictive mode, when trying to build a new portfolio and incorporate the potential value of speculative or conceptual plays.
The absence of evidence does not necessarily mean the evidence for absence – exploration beyond first-order basin statistics
Jul 29, 2020
Katya (Ekaterina) Casey
U3 Explore

Basin and play exploration are inherently governed by the management of risk and uncertainty at the portfolio level. Exploration investment decisions biased by risk-averse teams are susceptible to first-order basin statistics which may reflect a historical “poor” exploration history and exhaustion of existing play concepts. New concepts, new models, new thinking, and consideration of alternatives often result in a paradigm shift despite previous negative results.

VIEW REPORT
Basin and play exploration are inherently governed by the management of risk and uncertainty at the portfolio level. Exploration investment decisions biased by risk-averse teams are susceptible to first-order basin statistics which may reflect a historical “poor” exploration history and exhaustion of existing play concepts. New concepts, new models, new thinking, and consideration of alternatives often result in a paradigm shift despite previous negative results.
Survey Results: Adaptation or remission : what next for E&P?
May 30, 2020
Katya (Ekaterina) Casey
U3 Explore

The purpose of the survey is to collect information across different companies and geographies and help the industry in recovery after the crisis. There are many publications about how lost we became and the recognition that people want to return to a "new normal." There is an understanding that this "new normal" should reflect not only our new hygiene practices but also help us to reconnect with our lives, families, and friends, make our work more meaningful, and help us to focus on things that are important in our lives.

VIEW REPORT
The purpose of the survey is to collect information across different companies and geographies and help the industry in recovery after the crisis. There are many publications about how lost we became and the recognition that people want to return to a "new normal." There is an understanding that this "new normal" should reflect not only our new hygiene practices but also help us to reconnect with our lives, families, and friends, make our work more meaningful, and help us to focus on things that are important in our lives.
Adaptation or remission : what next for E&P?
May 8, 2020
Katya (Ekaterina) Casey
U3 Explore

Technical expertise and business acumen have differentiated sustainable performance among E&P competitors. 2020 First Quarter earnings results evidence the pressures that face the future direction of the global E&P industry. Capital discipline strategies have reshaped the forward outlook of companies and for industry professionals uncertainty will be foremost in their thoughts. What will emerge from this period?

VIEW REPORT
Technical expertise and business acumen have differentiated sustainable performance among E&P competitors. 2020 First Quarter earnings results evidence the pressures that face the future direction of the global E&P industry. Capital discipline strategies have reshaped the forward outlook of companies and for industry professionals uncertainty will be foremost in their thoughts. What will emerge from this period?
Vaca Muerta Formation, Argentina
Apr 28, 2020
Ricardo Sebastian Martinez
U3 Explore

The success of oil and gas production from shale plays in the U.S in the last decade has also drawn attention to the most prolific source rock of the Neuquen Basin in Argentina, which is called Vaca Muerta Formation. Today, with approximately 110 MBls/d of oil and 1 Bcf of gas production from 1400 wells, it represents 5% and 23% of the total production of oil and gas of Argentina respectively.

VIEW REPORT
The success of oil and gas production from shale plays in the U.S in the last decade has also drawn attention to the most prolific source rock of the Neuquen Basin in Argentina, which is called Vaca Muerta Formation. Today, with approximately 110 MBls/d of oil and 1 Bcf of gas production from 1400 wells, it represents 5% and 23% of the total production of oil and gas of Argentina respectively.
Survey Results Report:  "Oil and Gas: Let's Check our Corona Virus Related Temperature"
Apr 7, 2020
Katya (Ekaterina) Casey
U3 Explore

This analysis uses the data collected over March 25th- April 5th. By the digital nature of our survey, the responses are biased towards technically enabled companies and individuals that were set up for occasional remote work. We analyze 1- the overall level of the system preparedness for such an extraordinary situation when the majority of the workforce is working from home, where the entire family is streaming homeworks, videos, and videoconferencing; 2- social aspects of the remote working; 3- feedback on the support provided for remote workers and ideas on post-crisis recovery

VIEW REPORT
This analysis uses the data collected over March 25th- April 5th. By the digital nature of our survey, the responses are biased towards technically enabled companies and individuals that were set up for occasional remote work. We analyze 1- the overall level of the system preparedness for such an extraordinary situation when the majority of the workforce is working from home, where the entire family is streaming homeworks, videos, and videoconferencing; 2- social aspects of the remote working; 3- feedback on the support provided for remote workers and ideas on post-crisis recovery
Ñirihuau Basin Report, Argentina
Jan 16, 2020
Ricardo Sebastian Martinez
U3 Explore

Located in southwestern Argentina, it covers around 15000 Km2, with more than 10.000 ft. thickness in the depocenters. The basin has more than 100 years of exploration history started with the exploitation of 10 barrels a day from 4 wells in “Arroyo de La Mina” oil seepage. This report summarizes the new exploration ideas, based on geochemical data and outcrops description that allows the existence of a hypothetical new petroleum system. This idea generates high exploration potential in undrilled deep sections of big structures.

VIEW REPORT
Located in southwestern Argentina, it covers around 15000 Km2, with more than 10.000 ft. thickness in the depocenters. The basin has more than 100 years of exploration history started with the exploitation of 10 barrels a day from 4 wells in “Arroyo de La Mina” oil seepage. This report summarizes the new exploration ideas, based on geochemical data and outcrops description that allows the existence of a hypothetical new petroleum system. This idea generates high exploration potential in undrilled deep sections of big structures.
Colorado Basin Report, Offshore Argentina, Exploration Review
Jan 21, 2020
Ricardo Sebastian Martinez
U3 Explore

This report contains an exploration review of Colorado Basin, located in southeastern Argentina, it has onshore and most extensive offshore sections with more than 125000 Km2 of total extension. The basin has more than 70 years of exploration history, with a few wells drilled, one of them recovered 39º API Oil from Early Cretaceous Syn-rift sandstone. Three main plays were identified, with high exploration potential: Rift Margin Play, Continental Slope Play, and Thrust belt play.

VIEW REPORT
This report contains an exploration review of Colorado Basin, located in southeastern Argentina, it has onshore and most extensive offshore sections with more than 125000 Km2 of total extension. The basin has more than 70 years of exploration history, with a few wells drilled, one of them recovered 39º API Oil from Early Cretaceous Syn-rift sandstone. Three main plays were identified, with high exploration potential: Rift Margin Play, Continental Slope Play, and Thrust belt play.
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