Practical Well Log Standards


Practical Well Log Standards Fact Sheet (Phase 1)

            

Sponsors

This project is expected to attract oil companies, well log data acquisition companies (including LWD companies) and well log interpretation/processing software/database companies as sponsors.

Project Sponsorship Terms

In order to complete phase 1 as outlined, it will require approximately $200,000 for 18 calendar-weeks of work. Assuming a contribution of $10,000 per company, a minimum of 20 companies would be required. If additional companies were willing to participate financially in the project, then the fees could be lowered accordingly.

The $200,000 includes approximately 180 person-days of effort for POSC and contract/industry expert personnel. This also covers funds for travel and expenses for hosting work group and public review meetings in both the United States and Europe. No capital expenditures are budgeted for the project.

Budget items will be controlled by the project manager and a project steering committee. The fee schedule will be agreed to and set by the steering committee.

All intellectual property rights for this project would remain with POSC.

Sponsor Benefits

Sponsors have direct participation in the project thus setting priorities, providing input on values, helping to set business value, etc. Additionally, sponsors will have the deliverables in advance of the public release of the information.

Project Description

This project is designed in phases. The first phase would last 18 weeks and will cover standards for approximately 20 well logging tools. (Where a logging tool is a device recording multiple well log traces or curves; tools which record very few traces would be grouped together.) The first phase will concentrate on traces acquired during a well site logging operation; i.e. on acquisition traces as opposed to processed traces. Trace attributes defined would include: Curve Type reference values (including their structure), assessment of Business Value and acquisition tool attributes. Tool attributes defined would include: tool string name, tool string description and generic tool string name. (An example of attributes and reference values can be downloaded as an Excel spreadsheet.)

The second phase of the project is not currently defined in detail. However, the intent of the second phase would be to add the equivalent of another 20 tools and increase the number of attributes defined for each log trace in the previous phase. Additionally, the second phase of the project would begin to address/build a system to allow the easy updating of new reference values by service providers as well as a mechanism to allow software to easily be updated/kept current. It is expected that the second phase of the project would require funding approximately the same as phase one; i.e. around $200,000. This phase, as outlined, would last approximately 4 months.

The third phase of the project could begin to address various well logging activities such as processing. The third phase of the project would last approximately 6 weeks and cost approximately $50,000.

After the successful completion of phase one, it would then be decided how best proceed into subsequent phases.

Overall Objectives:

Phase I Objectives:

Define business rules for sorting traces into defined classifcations.

Definition of standard attributes for 20 logging tools:

For an example of what the deliverables might actually look like, you can download an Excel spreadsheet containing sample values.

Business Impact

Log data consumers are over whelmed with the amount of data they are receiving. Currently there are over 50,000 different types of well log traces; yet, most will agree that the number of useful well log traces is somewherein the neighborhood of 500. The main objective of this project will be to clarify, simplify and standardize this complex enviromnent for the expert and non-expert alike.

The benefits from this project will include: