STANDARD AGREEMENT

AGREEMENT BETWEEN YOUR OIL COMPANY

and

U.C. OIL Consortium at the University of California, Berkeley

 In order to recognize and promote work in the growing fields of computer modeling and control of oil reservoirs, and pursuant to recent discussions between Your Oil Company. (“COMPANY”) and the U.C. Oil Consortium (“UCO”) at the University of California, Berkeley, the parties agree to the following:

 1.     COMPANY will provide its contribution to UCO in one (1) or two (2) equal installments, the first payment to be made by November 30, 200X and the second payment by May 30, 200X.  This money will be used in a multi-sponsored fund for multidisciplinary programs in reservoir engineering, production/injection control, petrophysics, rock mechanics, and geophysics at UCO - “The UCO Fund” - including, but not limited to, research on the following items (“Said Programs”):

·      Development of Smart Injection/Production Controllers  and Field-Scale Surveillance Systems.

·       Prediction of Absolute Permeability of Imaged and Virtual Rock Samples, and Prediction of the Process-Dependent  Relative Permeability and Capillary Pressure Curves.

·       Prediction of Rock Electrical Properties: Formation Factor in Multiphase Flow

·       Upscaling of Rock Transport Properties

·       Imaging and 3D Reconstruction of Fine-Grained Rock: Carbonates (Chalk), Shale, Tight-Gas Sandstone, Diatomite, etc (Focused Ion Beam, Advanced Light Source Micro-Focused Tomography, EM, TEM, etc.).

·       Investigation of Rock Wettability Changes (X-Ray Microprobe Mineral Determination, Asphaltine Precipitation, Contact Angle Evolution, etc.).

·       Investigation of Mechanical Properties of Rock: Non-Isothermal  Triaxial-Frame/Flow Experiments, DEM Calculations of Bulk Moduli, Rock Damage, etc.

·       Investigation of Physicochemical Processes Controlling Oil Recovery in Spontaneous Imbibition, Forced Imbibition, Variable-Wettability Rock, Fractured Rock, etc.

·       Development of Field Surveillance/Imaging Methods and Visualization Software .

·       Thermodynamic Full-Life Cycle  Analyses of Alternative Energy Sources and Oil Recovery Processes (Biomass, Photovoltaic, CO2 Sequestration, Thermal Oil Recovery Processes, Tar Sand Exploitation, etc.).

2.     There are three levels of membership in UCO, each corresponding to a different level of contribution.

·       Member ($20,000, Twenty Thousand US Dollars, in two installments per year): The Member may send one representative (or have one vote) to UCO's scheduled technical meetings and receives all UCO’s published reports. Members may make copies of reports in the UCO programs in which the Members participate for internal distribution within Member and its affiliates’ organizations.

·       Advisor Member ($60,000, Sixty Thousand US Dollars, in two installments per year): The Advisor Member receives all benefits of the Member, but may send three representatives to the meetings (or have three votes), have a representative on the Advisory Council, may participate in one research project in consultation with an appropriate faculty member, and may receive software developed by UCO. The right to use software shall be unlimited, except that an Advisor Member may not sublicense the software or give it to unaffiliated third parties.

·       Participant Member ($120,000, Hundred Twenty Thousand US Dollars, in two installments per year): The Participant Member receives all benefits of the Advisor Member, but may send six representatives to the meetings (or have six votes), and in addition may place a Visiting Industrial Fellow in residence at the Berkeley campus.

 3.     During the period of this Agreement, UCO will, upon COMPANY's request, arrange for representatives of COMPANY to visit UCO and meet with faculty and students at mutually convenient times.  In addition, at mutually convenient times, UCO researchers will visit COMPANY to explain their research activities at UCO.  UCO will also provide COMPANY with copies of UCO's annual report and other periodic publications describing UCO's activities.  Copies of generally available individual technical reports will be provided on request.  The list of said reports shall be sent to COMPANY.  During the period of this Agreement and thereafter, COMPANY may use internally such information and material as made available by UCO to COMPANY under or in connection with this Agreement.

 4.     The UCO Fund will be administered by the Director of UCO. It will provide general and academic support for UCO's programs, including such purposes as development of short courses, student aid, faculty salaries, research, and equipment purchases.

 5.     Neither party will use the name of the other in any form of publicity without the written permission of the other; in the case of UCO, that of the Director of UCO, and in the case of COMPANY, that of the designated representative of COMPANY.

 6.     This Agreement is not assignable by either party without prior written consent of the other party and may not be amended except by written agreement signed by both parties hereto.

 7.     UCO hereby warrants on a best efforts basis that: (i) any information and material made available by UCO to COMPANY under or in connection with this Agreement shall not be restricted by any third party's right with respect to COMPANY's use of such information and material in its normal business operation; and (ii) such information and material shall not contain any information or material which has been developed or obtained by UCO in any manner that infringes any third party's right or that violates any law or regulation.

 8.     The additional terms of Addendum A wherein Member shall be known as “XYZ” are hereby incorporated to this agreement.

  

IN WITNESS WHEREOF, the parties of this Agreement acknowledge and consent to the terms and conditions expressed herein.

 

 

U.C. Oil Consortium                                                   Your Oil Company, Inc.

 

 

 

Structure
Current Projects
Fractures, rock damage
Rock Mechanics Lab
Rock Mechanics Lab
Standard Agreement
Short Courses
Back to UC Oil
Home