Unique solutions to increase the

value of oil and gas projects

be dynamic
 Values
Our values drive our performance, guide
us in how we do business, how we work
together, and how we act towards
external stakeholders. Commitment to
our values is important to all employees
in SPT Group.

Capable Innovative Bold = be dynamic

What does it mean to be dynamic?
Dynamic: from Greek dunamikos, powerful; from dunamis, power; from dunasthai, to be able

www.sptgroup.com
Contents

Our capabilities Value creation and safe operations 6-7

Technology areas Flow Assurance and Reservoir Optimisation 8-9

Offshore and onshore solutions

Flow applications, Reservoir uncertainty and management 10-11

Consulting services and training Global Consulting Services and Academy of Petroleum Dynamics 12-13

Continuous innovation and validation Development, Joint Industry Projects and research partners 14-15

OLGA, OLGA Online, DRILLBENCH, MEPO, IPOS, edpm, WELLFLO, PIPEFLO, FORGAS, be dynamic
and Academy of Petroleum Dynamics are registered trademarks of SPT Group.
 This is SPT Group
1969 1971 1980 1989 1993 1996 1998
Ekofisk Scandpower OLGA Scandpower Scandpower First OVIP First
discovered established development petroleum (SPT) was program commercial
in the North initiated division given the initiated release of
Sea by Philips established right to Drillbench
Petroleum and OLGA89 commercialise
Company released OLGA by the
by IFE and owners
SINTEF

A global presence Kjeller

Norway Houston
Hamburg
USA
Germany Guildford
UK Perth
Australia Dubai
SPT Group is the leader in modelling for UAE
flow assurance and reservoir engineering
7 key software solutions
1000+ installed sites
Global expert consulting team
250 employees
15 offices in 12 countries
A trusted industry partner since 1981
be dynamic

www.sptgroup.com
 1999 2004 2005 2006 2008 2009 2010 2011
OLGA 2000 First Secured the IP- Scandpower HORIZON I CO2 SPT Group CO2 VIP
released commercial rights for OLGA Petroleum completed module acquires Joint
release of MEPO Technology and for OLGA NEOTEC Industry
HORIZON I joint
becomes HORIZON II launched Project
SPT Group industry research
SPT Group started OLGA 6
acquires program started
Drillbench released OLGA 7
Petec
MEPO 3 5 released released
including Phase 7
and OLGA 5
Drillbench of OVIP
released
program
initiated

Bergen
Norway Mexico City
Mexico
Sandvika
Norway Moscow
Russia
Kuala Lumpur
Malaysia Stavanger
Norway Calgary
Canada Beijing
China Rio de Janeiro 5
Brazil
 Our capabilities

Value creation and safe operations

SPT Group is the leader in modelling for the oil and gas We believe in depth over breadth. We focus our solutions

industry. Our highly skilled professionals worldwide deliver in two critical areas for the upstream oil and gas industry:

advanced software and consulting services to help our flow assurance and reservoir engineering. We aim to be the

customers solve multiphase flow and reservoir engineering obvious choice for customers in these areas.

challenges.

Our dynamic multiphase simulation software, OLGA, is the

Our life-cycle solutions are built on advanced scientific most trusted flow simulation software. We have successfully

research. Customer supported innovation and research has expanded OLGAs capabilities to real-time production through

been at our core for more than 30 years. SPT Group has, over OLGA Online. We continuously develop applications to solve

this long period, successfully transformed R&D into software the worlds most complicated flow assurance challenges.

solutions and consulting services that deliver trusted insight

and real impact. We have the leading dynamic and steady state flow simulators

covering drilling, wells, pipelines, and complex gas fields.

Drillbench, WELLFLO, PIPEFLO, and FORGAS complete the range

of SPT Groups unique simulation tools.

Reservoir optimisation Well dynamics Flow assurance

6 Drilling operations Process simulation Online management

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We help reservoir engineers make better decisions. Reservoir

engineering departments are under increasing pressure to

deal with more data, more scenarios, more complex models,

and shorter turnaround times. MEPO integrates the tools

used in common work processes and automates tasks using

advanced methodologies to deliver better and quicker results.

We dont just deliver software. Our team of highly competent

and objective consultants are experts in using our tools to

help our customers address their most difficult challenges.

Our consultants have delivered industry-changing innovation

We support our customers from fourteen global locations.
by working on real-world problems for our customers.
All our locations offer a high level of support, training,

service and sales to secure an on-going relationship with our

We help industry leaders to succeed. We work with the
customers and partners. We complement our network with
leading companies in all segments of the industry including
selected agents and partners.
oil and gas companies, engineering firms, equipment vendors

and service providers.

We invest heavily in R&D higher than most comparable

firms. We are driven by our values to deliver the most

capable, innovative and bold solutions to our customers.

7
 Technology areas

Flow Assurance Reservoir Optimisation

We develop and deliver accurate, versatile and proven
simulation software for understanding and designing
multiphase flow systems.
SPT Group is the leading provider of multiphase flow
technology, thanks to more than 30 years of customer-
supported innovation. Since 1981, our life-cycle simulation
solutions have helped customers to maximize value
generation and reduce risk.
MEPO has become the industry reference for incorporating
modelling uncertainties in development planning of both green-
and brownfields since its release in 2004. MEPO covers simulation
management, advanced global optimisers, experimental design,
proxy modelling and statistical methodology - making it a powerful
tool for all projects targeting improved production, recovery and
reservoir management.

Our flow assurance solutions help customers realize value eField production
management
throughout the field lifecycle through accurate design,
improved planning, maximized production, and safeguarded
Blow out
operations. control (ABC)

We provide critical decision support, training and knowledge Drilling & well
operations C
development through a global community of leading advisors
in flow assurance, wells and drilling. Reservoir Multiphase
optimisation flow

SPT Groups solutions enable cross-disciplinary workflows for Wax prediction

& pigging
drilling, well, pipeline and subsea processing by applying the
Hydrate
core technology throughout asset life. predictions

Thermal
transients

www.sptgroup.com Inhibitor
management
 Products

Dynamic simulator for engineering of flow of oil, water

MEPO makes it possible to develop alternative high-quality and gas in wells, pipelines and receiving facilities.
realisations of production forecasts. This has proven critical in
a series of SPE surveys and comparison projects.
Steady state simulator for flow assurance issues in single
MEPO is steadily proving its value-add in a range of new pipelines and complex networks. PIPEFLO Dynamics
application areas catering to industry demands and standards. combines steady state with dynamic simulations.
This confirms SPT Groups commitment to continuously develop
innovative solutions for our customers.

Dynamic and steady state simulator for advanced

drilling engineering and well control.

Steady state simulator for well production and

UBD/MPD analysis.

Compositional Subsea
changes separation The modelling centerpiece for flow management in
CO2 transport
and storage integrated operations.

One of the most reliable and efficient solution to model

some of the largest gas fields in the world.

Multiple realisations for robust prediction of reservoir

performance, history matching and forward modelling.
Multiphase 9
boosting Slugging
challenges Corrosion
prediction
 Offshore and onshore solutions

Flow applications Reservoir uncertainty and management

We develop and deliver accurate, versatile and proven MEPO is a step change in the reservoir engineering workflow and
simulation software for understanding and designing multiphase integrated asset modelling workflows. MEPO works in harmony
flow systems with the following value propositions: with your existing software, is simple to understand and yields
improved efficiency, quality and transparency when facing:
Pipelines: Our complete steady state to dynamic simulation Sensitivity studies Production optimisation
workflow enables efficient and accurate design, verification, Simulation analysis Asset and field management
analysis and solutions for complexities in flow assurance. OLGA Assisted history matching Depletion planning
is the de-facto market standard for dynamic simulation of wells Production forecasting Drilling campaigns
and pipelines for all major operators and engineering companies. Uncertainty quantification
Drilling and Well control: We help our customers to drill
advanced and challenging wells faster and safer. Our platform
for drilling operations covers planning, training, drilling and post-
drilling analysis.
Liquid
Wells: We optimize well performance, integrity and safety for loading
both planning and operations.
Thermal
Subsea processing: Our software enables the design and
effects
verification of subsea processing modules including pumping,
separation, boosting and control. MPD
Artificial
E-field: Our solutions for real-time production and drilling are lift
industry standards. An experienced team delivers custom Stagnant Slugging
multiphase flow production and training systems enabling our
ERD mud & surges
customers to:
Optimize production and OPEX by solving field specific flow
challenges in real-time and through near-term look-ahead
predictions
Achieve faster and safer drilling operations through real-time
solutions
Use flexible, user friendly, open and robust solutions for Liquid
integrated field operations and realistic training accumulation
Cross
10
flow

www.sptgroup.com HPHT
Customer quotes
With the growing complexity of current well developments and
well interventions, OLGA has become a very useful and required
prediction tool to help us design challenging production systems
and prepare tricky well interventions.
Its good consistency with field observations has granted OLGA
a high credibility. OLGA doesnt replace the engineers analysis
but can allow him to perform high quality studies of well flow
transients. OLGAs name has become a reference in well operations
support.
Jacques Marty - Well Performance and Operations Support
engineer, TOTAL E&P.
..............................
BG has chosen MEPO as the best software to launch
uncertainty-based reservoir modelling workflows across the
group. We wanted a single end-to-end tool to implement
these new workflows, and we have been very pleased with the
impact it has had on our business.
Steve Griffiths, Head of Reservoir Engineering, BG Group
..............................
OLGA allows me to flexibly model almost any flowpath,
and accurately track all the flowing components as well as
pressure and temperature changes along the well with respect
to time. Working with OLGA on transients in a well is like
replacing the steel pipes with the transparent ones.
Murat Kerem, Production Engineer,
Shell Global Solutions International
..............................

WWCI currently uses Drillbench to assist our clients with

critical well planning and resolution of well control problems.
The simulators in Drillbench are versatile and realistic. They
provide practical tools for kick analysis, dynamic kill and
other aspects of engineering for well planning or emergency
response operations. They represent a significant addition in
the advancement of well control technology.
Deep Wild Well Control Inc.
Water ..............................

The Snhvit field would not have been realised without the
results from OLGA. The complexity of transporting unprocessed
gas/condensate 140 km to shore through multiphase
transportation was essential for the viability of the project.
Dual Terje Overvik, former Executive Vice President, Head of
Exploration & Production, Statoil
Gradient ..............................

The OLGA has proven its potential to improve field

operations, increase production and capital revenue
with less cost investments.
Saudi Aramco
Depleted Near wellbore ..............................
Zones effects
11
 Consulting services and Training

With more than a 20-year history of successful consulting
projects, SPT Group is the trusted advisor resolving flow- and
reservoir challenges. Our services business comprises one of
the largest teams in the world working with well and pipeline
flow assurance and reservoir optimisation.
SPT Group can undertake projects in our clients offices or in
our own premises where we have access to a range of power-
ful tools to ensure rapid turnaround on large projects.
Our focus and commitment is to provide:
Complete project life-cycle capabilities
Highly experienced and competent teams with
independence and objectivity
Our consultants work closely with our software R&D teams
and are at the forefront of solving the most complex flow and
reservoir simulation challenges. We apply this knowledge
and train our customers to secure the full value from their
investments. We help our customers to:
Realize value through highly competent and objective
specialists with a strong record of solving challenges
Benefit from specialist consultants with competence from
conceptual field development through abandonment
Gain access to the entire SPT Group technology portfolio
and in-house experts
Enable early adoption of new developments and realize the
possibility to expand software towards new application
areas

User group meetings and training courses

Practical solutions and insight Courses:
Through annual product user group meetings (UGMs) in selected OLGA MEPO
locations, we share practical use-case presentations and Flow Assurance Introduction to MEPO
development scenarios, involve our users in the future of our Advanced Flow Assurance Advanced MEPO
products and seek to harness the momentum of an evolving Well Dynamics with OLGA
technology through direct feedback. Advanced Blowout Control FORGAS
Introduction to FORGAS
Our training courses are driven by relevant, practical exercises Drillbench
supported by experienced instructors. These courses give our Dynamic Hydraulics
customers the insight and ability to utilize the immense potential Dynamic Well Control
of our tools.

12

www.sptgroup.com

Areas of expertise
Flow Assurance
Drilling Hydraulics
Well Control
Well Dynamics
Production Management
Reservoir Optimisation
History Matching
Uncertainty Assessments
WELLFLO
Introduction to WELLFLO
WELLFLO UBD/MPD Applications
PIPEFLO
Introduction to PIPEFLO
Introduction to PIPEFLO Dynamics
Career in SPT Group
We have opportunities for professionals
who can take an active role in our success,
and we offer exciting career opportunities
in an international business. SPT Group is an
international company with fifteen offices
distributed around the world.
As a successful, growing company, we
are always looking for bold, capable and
innovative people that enjoy the dynamics of an
international environment. At SPT, you would be
a part of a highly competent group of people as
almost 80% of our employees have a masters
degree or higher.
Read more about
career opportunities
on our web-site:
sptgroup.com/career
13
 Continuous innovation and validation
A fast-track for making industry supported R&D efforts available to the market on a sustainable software platform.

Our commitment is to work with the leading individuals and
companies in our areas of expertise to continuously develop
and improve our products - delivering technology that meet
needs of the future.
In the early 1970s, research in the nuclear field was adapted
to the demands of flow assurance in the oil industry - OLGA
was conceived in the laboratories at the Institute for Energy
Technology (IFE) and SINTEF. In 1993, we were awarded the
privilege of commercialising and maintaining the product.
Since then, we have championed numerous R&D projects to
ensure continued development and innovation around OLGA.
been used to validate and adapt the multiphase flow models.
OVIP data is continuously used to improve the core of our
technology to even better match the realities of operations.
Based on more than 15 years of drilling research from
Rogaland Research in conjunction with major oil companies,
Drillbench provides a combination of steady-state and
transient models verified extensively against actual data
and proven through field implementation. SPT Group is
continuously updating Drillbench in combination with our
OLGA technology to provide state-ofthe-art solutions for
drilling challenges.

In the OLGA Verification and Improvement Project (OVIP), Our steady-state technology was originally developed in
we have, in conjunction with the oil industry, collected the 1968 based on research at the University of Calgary. At the
worlds largest database of lab and field data. This data has request of industry, PIPEFLO, WELLFLO and FORGAS became

The Institute for Energy Technology (IFE)

OLGA was initially conceived and developed by Dr. Dag Malnes and Dr. Kjell Bendiksen at the Institute for Energy Technology
(IFE) in Kjeller in 1979-1980. Dr. Bendiksen wrote the first version of the code, which was named OLGA, in May 1980.
IFE has had, through the history of OLGA development, an independent experimental role in providing data for modelling of
special flow phenomena. IFE has a three-phase flow laboratory where important experimental data used in OLGA models have
been collected.

SPT Group (then Scandpower) was tasked with the commercialization of OLGA in 1993, and obtained the full intellectual
property rights to the product in 2005. IFE remains one of our closest and most important partners - ensuring that OLGA is
based on state-of-the-art research and development.
14

www.sptgroup.com
 Major R&D projects:

available for commercial use shortly thereafter. Since then,

we have taken full advantage of our expertise in single and
multiphase flow and continued their development to remain Improve CO2 functionality in OLGA.
the steady-state software of choice for many of the leading Industry participants: Chiyoda - Inpex - Petrobras -
oil, gas, service, and consulting companies. Petronas - Shell - Statoil

Conceptual developments and research on MEPO started

at the Technical University of Braunschweig, Germany, in
the early 1990s. SPT Group secured its rights in 1999 and
developed the technology for use in reservoir simulation
Verify and improve the accuracy of the flow model
using actual field data
through establishing a link with Eclipse. The technology
was developed for commercial use through a Joint Industry Industry participants: BG Group - BP - ExxonMobil -
Project (JIP) with ENI, Hydro, Statoil, and Total started in Petronas - Repsol - SaudiAramco - Statoil - Total -
2001. The first commercial version of MEPO was released Woodside
in 2004. SPT Group continues research and validation to
ensure cutting edge results and expand the capabilities of
the solution.
Address problems related to the cost-effective
development and safe operation of long distance
gas-condensate transport and long distance trans-
port of oil well-streams.
Other initiatives Industry participants: Chevron - ConocoPhillips -
ENI - ExxonMobil - Statoil - Shell
ROCX - Modelling the dynamic wellbore interaction to
increase the quality of inflow regimes in OLGA.
The FACE project (Multiphase Flow Assurance Innovation
Centre), at IFE in Norway
The Tulsa University Fluid Flow Projects (TUFFP) Develop enhanced optimisation techniques and
workflows in MEPO that apply to production
Center for Hydrate Research at the Colorado School of
optimisation and field management.
Mines.
Industry participants:
BG Group - ConocoPhillips - ENI - Statoil
15
 SPT Group is the world leader in dynamic modelling
for the oil and gas industry. Employing highly
skilled professionals worldwide, SPT Group
provides a combination of software and
consulting services within multiphase
flow and reservoir engineering.

www.sptgroup.com

contact@sptgroup.com

Australia, Perth Tel: +61 8 9286 6500 Norway, Oslo Tel: +47 63 89 04 00
Brazil, Rio de Janeiro Tel: +55 21 3544 0002 Norway, Bergen Tel: +47 63 89 04 00
Canada, Calgary Tel: +1 403 277 6688 Norway, Stavanger Tel: +47 63 89 04 00
China, Beijing Tel: +86 10 5824 6062 Russia, Moscow Tel: +7 495 798 8666
Germany, Hamburg Tel: +49 40 27 85 88 0 UAE, Dubai Tel: +971 4 426 4855
Mexico, Mexico City Tel: +52 55 5211 9211 UK, London Tel: +44 1483 307 870
Malaysia, Kuala Lumpur Tel: +60 3 2161 4570 USA, Houston Tel: +1 281 496 9898