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    Quick Start Guide

    QUE$TOR2012 Q3 Release

    Nov 2012

    This Quick Start Guide should bepassed on to the end users as itcontains important information onthe program operation.

    QUE$TOR is a registered trademark of IHS.Excel is a registered trademark ofMicrosoft Corporation.

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    Contents

    QUE$TOR Quick Start Guide

    Introduction 1

    Estimate Basis 2

    QUE$TOR Workflow 3

    Getting Started 5

    Creating a New Project 6

    Selecting the Project Properties 7

    Entering Your Field Level Data 10

    Creating a Production Profile 12

    Setting the Design Flowrates 14

    Setting the Number of Wells 15

    Setting the Wellhead Conditions 16

    Selecting a Concept - Offshore 17

    Selecting a Concept - Onshore 18

    Using the Field Development Schematic 20

    Adjusting a Component 22

    Calculating the Operating Costs 25

    Scheduling the Capital Costs 26

    Generating the Investment and Production Profile 27

    Saving Your Project 28

    QUE$TOR Support 29

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    Introduction

    QUE$TOR has been designed to produce high level estimates of thecapital and operating costs of green field oil and gas developments.It will assist with project modelling, evaluation and subsequentdecision making in the oil and gas industry.

    QUE$TOR provides a reliable, consistent methodology for producingcost estimates and creates efficiency when optimising fielddevelopments. It has benefits in many applications, including:

    Prospect evaluations

    Screening studies

    Feasibility studies

    Conceptual studies

    Optimisation studies

    QUE$TOR uses a systematic approach to generate a fielddevelopment basis, capital and operating costs, and projectschedules from basic field data. QUE$TOR uses a bottom up

    methodology; the calculations are based around detailed sizingalgorithms and engineering rules of thumb with regionalvariations where appropriate.

    This approach allows engineers, estimators and economists toproduce weight and cost estimates quickly, consistently, andaccurately and to develop investment profiles.

    This guide is designed to help you understand the operation of the

    QUE$TOR program, outlining the basic steps involved in developinga QUE$TOR project to produce a scheduled estimate for capital andoperating costs. When you are running QUE$TOR, press the F1 keyto access the QUE$TOR Help file for more detailed guidance.

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    Estimate Basis

    The following points should be considered when generating orreporting a cost estimate using QUE$TOR.

    QUE$TOR provides an estimate based on the costs within themarkets today. We make no allowance for inflation or deflationof costs over the project life

    All of the costs within QUE$TOR are in real terms

    Pre-sanction project costs such as environmental studies, FEED

    and licensing costs can be optionally included

    Post-sanction costs such as owners project management costs,legal costs and security costs can be optionally included

    Contingencies within QUE$TOR are calibrated to target the P50development cost

    QUE$TOR is designed for use early in the project cycle.Therefore the estimate level that can be attained by using theprogram is typically within the range of +/- 25% to 40%

    The estimate produced is dependent on user entered values.Therefore, any estimate should take into account theconfidence of these values.

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    QUE$TOR Workflow

    QUE$TOR is structured around a field development schematic (FDS)which allows you to create a visualisation of the development. TheFDS is driven by a number of high level inputs which allow thedevelopment conditions to be specified. The basic programcalculation sequence followed in QUE$TOR to generate a full life-cycle field or prospect development cost estimate is shown below.

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    To define the new project, QUE$TOR presents you with a series offorms that allow high level parameters of the development to bespecified. The Field level data form is populated with defaultvalues for the basin selected in the Project properties form.Subsequent forms have values and selections based on earlierentries. Once you have reviewed and adjusted as necessary thedefault inputs in each form, click on OK to apply the inputs andmove on to the next form. Click on Cancelto ignore changes madeand go back to the previous form and make any necessary revisions.

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    Getting Started

    QUE$TOR must be installed on a local PC. This must be done by alocal administrator. See the release notes for installationinstructions.

    A licence must be available; either a standalone dongle which plugsdirectly into your computer or a network licence which is accessibleacross your companys local area network. QUE$TOR Offshore,QUE$TOR Onshore and QUE$TOR LNG Regasification requireseparate licences. Contact your IT department for further details.

    Depending on your installation options, you can launch QUE$TOR

    either from the taskbar Start button or from your PC desktop.From the taskbar Start button,

    Click Startand follow All Programs\IHS\QUE$TOR 2012 Q3\

    From your PC desktop

    Double-click the QUE$TOR application shortcut icon.

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    Creating a New Project

    On opening QUE$TOR the task selection form will appear.

    On this form you can choose to create a new project or open anexisting project. For new projects you can either create a newoffshore project or a new onshore project. For existing projects

    there are shortcuts to the last five projects saved.

    The location of your wells should determine whether you pickoffshore or onshore as the start point. If you are running acombined offshore and onshore project then the second locationcan be selected later in the project estimate.

    Once you have selected your project location, i.e. offshore oronshore click OK to move onto the Project properties form.QUE$TOR will check that you have a valid licence to run the

    selected project type at this point.

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    Selecting the Project Properties

    The project properties allow you to set up the basic informationabout your project including the procurement strategy, regionaltechnical database and units set preference.

    Work through the following steps to set up your project:

    Give your project a name.

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    Select the units you want to work in. Pick from one of thestandard unit sets provided or create your own using the uniteditor tool. One of the default unit sets should meet your needsas you can change each unit as needed throughout the program.

    Select the main product. For oil projects you will have to defineyour recoverable oil reserves and a gas oil ratio, while for gasprojects you will input your recoverable gas reserves and a

    liquid gas ratio.

    Select the geographical region, country, and basin to enableQUE$TOR to seed your project with typical basin specific datagenerated from the IHS IRIS21 E&P database. This selection willalso drive the default location of a new procurement strategy

    and will set your regional technical database.

    Create your procurement strategy. This can be done by clicking

    the New button. This will display the Define procurementstrategy form shown below. Procurement strategies allow you tochoose different regional cost databases for each cost centre.By default all costs are reported in US Dollars but this can beedited by changing the currency name, symbol and exchangerate at the top of the form.

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    Select the technical database to use for your project. This willnormally be the region which you have selected for yourproject. Use Browse to select an alternative or user modifieddatabase if required.

    Once you have completed the above steps click OK to move ontothe Field level data form.

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    Entering Your Field Level Data

    The Field level data form contains three tabs which list the valuesfor the field characteristics, fluid characteristics and somemiscellaneous data respectively.

    The information entered varies slightly depending on whether youhave selected an offshore or onshore project. Default values arepopulated from a database relevant to the basin you selected in theProject properties form.

    On this form modify the data to the specifics of the field that youwant to produce an estimate for. The purpose of the default data isto provide a reasonable value where none is known and thereforeuse your values over these defaults. Any input value can bechanged by simply overtyping it.

    In this form, and any other form, the individual input units can bechanged on the fly by clicking on the unit to the right of the valueand selecting the unit you wish to use from the options available,

    this is shown for the recoverable reserves in the figure below.

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    Once you have entered / confirmed the data on all three tabs clickOKto move onto the Production profile edit form.

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    Creating a Production Profile

    The production profile is created through two forms; the first formgives five entries through which you can influence the basicparameters of your production profile.

    Enter any of the values you know at this point and then click OKtomove onto the Production profile form which gives you a visual

    representation of these values.The production profile is displayed in a graphical and tabularformat across four tabs: oil (or condensate), gas, water and grossliquids. Numbers in blue can be edited; numbers in black such asthose in the gross liquids tab are derived numbers and thereforecant be edited. This colour convention is common throughoutQUE$TOR.

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    You can change the production for each year by entering the valuesin the table at the bottom of the form. This can either be typed inyear by year or you can paste in a profile from an externalspreadsheet through a right mouse click. You can overwrite eitherthe daily or annual flowrates but not the cumulative row of thetable. You can also copy the data in the production profile andpaste it into an external spreadsheet.

    Note: When pasting in a production profile from a spreadsheetensure that the field life specified in the production profile editform is the same as that of the profile you are pasting in.

    Once you are happy with the production profile click OK to moveonto the Design flowrates form.

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    Setting the Design Flowrates

    The Design flowrates form gives the flowrates that will be used todesign the facilities within your project.

    The production values are based on the peak production with adesign factor for oil projects giving an allowance for day to dayvariation, and a swing factor in gas projects giving an allowance forseasonal demand variation.

    The injection values should be adjusted based on your pressuremaintenance and gas disposal assumptions.

    Once you are happy with the design flowrates click OK to moveonto the Number of wells form.

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    Setting the Number of Wells

    The Number of development wells form, shown below, sets thetotal number of wells required across the field.

    The default number of production wells is based on the recoverablereserves, well productivity, plateau production and peak well flow.The default number of water injection wells assumes an average oftwo injectors for every five oil production wells. Gas injectors arebased on an average flowrate of 30 MMscf/day per well.

    Modify the well count to match your design assumptions and clickOKto move onto the Wellhead conditions form for onshore projectsor the Concept selector form for offshore projects.

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    Setting the Wellhead Conditions

    The Wellhead conditions form is only available for onshore projectsand provides the wellhead conditions of the primary streams.

    Water injection, gas injection and gas lift pressure are onlyrelevant if these services are selected. Adjust the conditions asnecessary then click OKto move onto the Concept selector form.

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    Selecting a Concept - Offshore

    The Concept selector form allows you to choose the basic conceptof your field development.

    QUE$TOR selects a field development concept based on the fieldlevel data and production profile. You can change this to another ofthe 14 default concepts using the list box. If you want to configureyour concept from scratch select Blank Concept.

    Based on your concept, QUE$TOR will select typical oil and gas

    export options. Adjust these to match your desired product exportroutes.

    When you click OKQUE$TOR runs the complete cost estimate usingprogram defaults throughout and displays the field developmentschematic along with the cost summary tree.

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    Selecting a Concept - Onshore

    The Concept selector form allows you to choose the basic conceptof your field development.

    QUE$TOR selects a field development concept based on the fieldlevel data and production profile. You can change this to another ofthe 6 default concepts using the list box. If you want to configure

    your concept from scratch select Blank Concept.

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    Based on your concept, QUE$TOR will select typical oil and gasexport options. Adjust these to match your desired product exportroutes.

    When you click OKQUE$TOR runs the complete cost estimate usingprogram defaults throughout and displays the field developmentschematic along with the cost summary tree.

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    Using the Field Development Schematic

    On selecting your concept and clicking OK QUE$TOR will movethrough to the main field development schematic.

    The field development schematic shows the components withinyour chosen concept on the right hand side of the screen, with theassociated high level CAPEX summary on the left hand side of thescreen.

    The schematic can be changed by adding and removingcomponents. You can select components to add from the

    component toolbar at the top of the screen and click on theschematic to place the component. To delete a component hit thedelete key when the component is selected or right click on thecomponent and select Delete. You will be asked to confirm anydeletions to prevent any components being inadvertently deleted.

    Components often require links so that the correct data can flowbetween them. Components are linked using the link icon in the

    toolbar . Once you have linked two components you may needto add a pipeline by double clicking on the link.

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    Adjusting a Component

    You can view the details of each component by either doubleclicking on the component or by right clicking and selecting Edit /view cost estimate.

    Each component has two main parts to it: the inputs, where youcan adjust the design parameters, and the cost sheet, where you

    can see the detailed breakdown of the cost.

    You can make changes within each of these areas and when youclick Applyor OKthese changes will be applied to the componentand the CAPEX estimate adjusted accordingly. Clicking on OKwillalso exit the component. Clicking Cancelalso exits the component;however you will lose all changes made since you entered thecomponent.

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    that system are then shown. The Manifolding sub-component formin Topsides is shown below.

    You can make changes within each sub-component and when youclick OK these changes will be applied to the component and theCAPEX estimate adjusted accordingly.

    Cost sheet

    The right hand side of the screen has the cost sheet. This shows adetailed breakdown of the CAPEX estimate for the component.Each line item is made up of a quantity and a unit rate.

    The quantity is calculated from the design parameters andtechnical algorithms for that item and the unit rate is taken fromthe selected procurement strategy. You can overwrite any of theblue values within the cost sheet, as shown for the quantity entryabove. Numbers in black are derived by multiplying the quantity bythe unit rate so cant be overwritten.

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    Calculating the Operating Costs

    The operating cost calculations should be run once you havefinished the design of your development as the costs are based onthe technical definition of the development.

    The OPEX algorithms are run by selecting OPEX from the Projectmenu. This will open a separate window where a summary of theoperating costs for each year of production is displayed.

    The costs are broken down into various categories, which can beseen on the left side of the screen. The detailed breakdown of

    these cost categories can be seen by clicking on these items, theyare formatted as blue hypertext. This will open up furtherdefinition sheets for you to review or adjust the default values.

    Once you are happy with the operating costs click OKto go back tofield development schematic so that you can generate the projectschedule.

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    Scheduling the Capital Costs

    The CAPEX scheduling calculations should be run once you havefinished the design of your development as the schedule and costsare based on the details of the development.

    The CAPEX scheduling module can be accessed by selectingSchedulingfrom the Project menu. The schedule will be shown asa Gantt chart along with the underlying data for each component.

    For each component, a detailed schedule can be viewed by

    expanding the component using the icon. You can adjust thestart date and activity duration either by dragging the bars withinthe Gantt chart or by adjusting the corresponding values in thetable. Adjusting these values will change when the calculatedCAPEX values are to be spent.

    Once you are happy with the project schedule click OKto go backto field development schematic so that you can generate theInvestment and production profile.

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    Generating the Investment and Production Profile

    The investment and production profile is run by selectingInvestment and production profilesfrom the Projectmenu.

    The Investment and production profile gives a report of all of thevalues that could be required to run an economic analysis, with theproduction, CAPEX and OPEX given for each year of the project.The values in this report are in real terms and have not beeninflated or discounted.

    This report can be printed or exported to Excel using the toolbarbuttons.

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    Saving Your Project

    Projects are not automatically saved in QUE$TOR. We recommendyou save your project when you reach the field developmentschematic and at regular intervals after this.

    To save a project select Save or Save As from the File menu or

    click on the Save project button . This will enable you to savethe project in the usual Windows fashion. The default location forsaved projects is My Documents\IHS\QUE$TOR\Projects.

    Saved project files have a .qpr file extension and include theselected procurement strategy, technical database and unit set.

    Once saved, projects are completely standalone and have nofurther interaction with QUE$TORs databases. This means thatsaved projects can easily be sent to others who may not have thesame databases.

    Saved projects can be moved, copied and renamed using MicrosoftWindows Explorer in the same way as any Windows file. Projectscan be opened either directly from Windows Explorer or fromwithin QUE$TOR. To open a saved project in QUE$TOR either selectOpenexisting project from the form that appears when QUE$TORstarts or select Openfrom the Filemenu.

    Note: When you create a new project you won't be able tosave the project until you reach the field development schematic.

    Opening a Saved Project

    To open a saved project select, using the option buttons, Browsefor projectand click OK to proceed or click on the Open projectbutton. This will enable you to open a project in the usual windowsfashion. The Open existing project box has shortcuts to the lastfive projects opened in QUE$TOR. Saved projects have a .qprfile extension.

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    QUE$TOR Support

    If you have any problems or questions relating to QUE$TOR, pleasecontact the QUE$TOR support desk.

    Support e-mail address [email protected](Note: s rather than $)

    Online user community www.ihscommunity.com/energy

    Support telephone and fax:

    North, Central & South America

    Tel: (+1) 713 840 8282

    Fax: (+1) 713 995 8593

    Europe, Africa, Middle East

    Tel: (+44) 20 3159 3300

    Fax: (+44) 20 3159 3299

    Russia

    Tel: (+7) 495 937 77 24

    Fax: (+7) 495 937 77 25

    S.E. Asia & Australia

    Tel: (+65) 6576 5300

    Fax: (+65) 6225 9694

    China

    Tel: (+86) 10 5633 4567Fax: (+86) 10 5633 4500

    mailto:[email protected]:[email protected]
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    The IHS software support team key contacts are:

    North, Central & South America

    Abhishek Verma, Andre Costa, Lena Milstein, JonathanStephens

    e-mail: [email protected], [email protected],[email protected], [email protected]

    Europe, Africa, Middle East

    Matthew Butcher, Rita Antonelli, John Helliwell

    e-mail: [email protected], [email protected],[email protected],

    Russia

    Karel Valouch

    e-mail: [email protected]

    S.E. Asia & Australia

    Robert Chambers, James Blanchard, Lo Tze Yan

    e-mail: [email protected], [email protected],[email protected]

    China

    Yaxing Wang

    e-mail: [email protected]