The Saga of Zama Began with Data

Q: How does Net Brains stand out in data management and processing services?

A: Net Brains differentiates itself in two specific ways. First, through our holistic approach to data management, incorporating vector technologies used by social media giants like Facebook or Instagram to unlock data access. Our UK and US partners gather sizable amounts of data and want to make it available to all interested parties to empower the private sector and lead it to improved decision-making processes. Second, know that private players want to be self-sufficient even though they are still reluctant to invest. Taking a closer look at the software sphere’s recognizable brands and how companies are investing in their solutions, we find that these corporations’ investment priorities have not really changed in the last 20 years. In some smaller companies, the amount of web-enabled software under development is soaring. Cloud services are the future. The industry needs to interiorize this technology and open up to it. The cloud enables the bypassing of costly computer rooms, experts to maintain applications, servers and cooling systems. We offer this service to our clients.

Q: How does Net Brains provide operators a better way to understand their reservoir characterization?

A: Net Brains can provide a clear picture of the specific issues associated with each reservoir and how hundreds of people around the world developed solutions that solved these issues efficiently and successfully. With our knowledge management service, we polish and sharpen an operator’s rough estimates on reservoir outcomes with precise intervals and match their investments to that particular number. Net Brains built its business on a three-pronged foundation: knowledge, data and information. Knowledge about past failures and success stories is the key asset we can offer operators so they can tweak development plans. The Zama reservoir, discovered by Talos Energy, Sierra Oil & Gas and Premier Oil, used our tools to gauge its potential. The numbers obtained enabled the consortium to access the investment required to tackle the project.

Q: Can Net Brains help operators in other phases of the life cycle of a contract?

A: We are working to add a service within our portfolio that includes data processing, interpretation and on-demand simulation. Operators are disinclined to invest in a new data interpretation site that they will end up getting rid of down the line and are hesitant to rely on contractors to manage the interpretation site. Operators want to remain in charge of their processes and we will be able to reinforce that requirement. We are in a position to help PEMEX prioritize its assets beyond size or development simplicity. Net Brains can outline the best ROI for each development phase of every particular asset.

Q: With nine licensing rounds done and two more in the pipeline, what is the market opportunity for Net Brains?

A: Net Brains is looking to support the oil and gas market on the production side, not only in terms of data management but also to understand oil production. Mexico is hungry for hydrocarbons and unless the regulatory framework establishes investment brackets and provides fast-tracked decision-making guidelines for the private sector, selecting promising oil wells in which to invest remains a complex task. We want to help streamline that decision-making process by anticipating oil field and reservoir outcomes relating to production.

One way to do this is to integrate the cumulated historical data PEMEX holds and submit it to a thorough analysis via our specialized data management service. The offshore sector is highly complex, to the point that industry heavyweight BHP Billiton recognized as much in its joint venture with PEMEX. We can best capitalize on our strengths within onshore reservoirs, supporting the exploration phase. Net Brains is approaching the companies that were awarded each onshore block to assist them in coming to grips with what they may find depending on the geological set they are working with.