Solving E&P problems with digitisation

Cloud data management, data engineering, machine learning & analytics 0

Monday, November 20, 2017, London, The Geological Society



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Getting value from digitisation is proving harder than many of us thought, but it is quietly transforming our business. There are interesting opportunities around machine learning, working with satellite imagery, helping smaller E+P's get digitally enabled, better analytics on data to improve fraccing, and getting faster warning of developing risks.

Consider for example the advocacy of the CEO and CTO of EOG Resources, a well-respected US shale player, and the Group/Upstream CEOs of BP – they are all affirming that ”digitization” is transforming their business, and that there is a lot more to come.

Perhaps it is worth saying that at the highest level, the “E&P problem” is how to run a profitable oil & gas business with oil prices stabilized (we hope) at say $50/barrel.

Then, the folk mentioned above articulate the impact that “digitization” can have on:

provided the business objective has been clearly and carefully defined.

What do we mean by “digitization” – how about data management in the ‘cloud’, data engineering, analytics, machine learning? And does the typical oil & gas company contain the skills to deliver the promise? Or are they going to become dependent on GE or Schlumberger? I guess we would all have our opinions on whether that was a good idea!!

Agenda

9:30

David Bamford - Director - Finding Petroleum

Welcome & Introduction



David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He was on the board of Premier Oil from May 2014 to May 2016.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.

From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

Finding Petroleum
Finding Petroleum was established to help the oil and gas industry network, and stay up to date on the latest technological developments. It does this via hosting regular events and with an online social network of nearly 10,000 members.
9:40

Dr Duncan Irving - Practice Partner, oil and gas - Teradata

Why Machine Learning in the oil industry is difficult


Duncan Irving is the Oil & Gas Consulting Team Lead, EMEA & APAC with Teradata. Duncan joined Teradata from the University of Manchester where he instructed in geophysical interpretation and geocomputational methods for the last seven years. He was involved in consulting and research projects involving user interactions with massive subsurface datasets and more general upstream data management, and he continues to maintain research links as an honorary lecturer. One long term project was with Teradata and he drove the development of Teradata's capabilities in the Upstream Oil and Gas area. This time provided him with a deep understanding of the capabilities of Teradata and how they can best be used in the petroleum industry.
He is a geophysicist and also has a PhD in glacial geophysics and geotechnical engineering (why frozen ground moves faster during climate warming and how this affects infrastructure). Duncan lives in the hills outside Manchester with his wife and three children. He is a mountaineer, fell runner and is a card-carrying member of the CAMpaign for Real Ale.

Teradata
Teradata is the world's largest company solely focused on creating enterprise agility through database software, enterprise data warehousing, and analytics. It's our passion and it's all we do. For the Oil & Gas Industry it must be "now", it must be safe, and it has to scale. Whether it is upstream reservoir data analytics, production and refining real-time data analysis, operations management, or back-office ERP provisioning Teradata has the technology platform, scalability, people and approach that will allow you to do more with your data - today.
10:15

Deborah Humphreville - Director energy, EMEAR - Maxar

Machine Learning & Artificial Intelligence : Unlocking Geospatial Analytics for E&P

Talk Description.
The ability to rapidly analyze large amounts of data together with the increase in data availability are bringing new users and creating innovative geospatial applications.

Thanks to the power of the cloud, extensive experience in image processing and innovative machine learning approaches, users can now extract information at scale from geospatial data.

This presentation will focus on the benefits of the combination of satellite imagery and advanced geospatial analytics which enables E&P professionals to access over 100 Petabytes of high resolution-imagery and analyse them through DigitalGlobe’s Geospatial Big Data platform.
Over 28 years business background and technical experience in Information Technology, relating to energy business processes. Have identified problems and implemented effective and innovative integrated content and platform solutions to address financial and strategic analysis and business model recommendations.

Worked globally with companies such as Total, Eni, Shell, BP, Statoil, ExxonMobil and ChevronTexaco. Have lived in Europe for the last 19 years, working for various technology companies. BA in Geophysical Sciences from Univ of Chicago, MS in Geology from Univ of So. Carolina and MBA from Houston Baptist University.

Maxar
As a global leader of advanced space technology solutions, Maxar is at the nexus of the new space economy, developing and sustaining the infrastructure and delivering the information, services, systems that unlock the promise of space for commercial and government markets. The operations of DigitalGlobe , SSL and Radiant Solutions were unified under the Maxar brand in February; MDA continues to operate as an independent business unit within the Maxar organization. As a trusted partner with 5,900 employees in over 30 global locations, Maxar provides vertically integrated capabilities and expertise including satellites, Earth imagery, robotics, geospatial data and analytics to help customers anticipate and address their most complex mission-critical challenges with confidence. Every day, billions of people rely on Maxar to communicate, share information and data, and deliver insights that Build a Better World. Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR. For more information, visit www.maxar.com .
10:50 Coffee & Tea; Exhibits

11:15

Waclaw (Wally) Jakubowicz - Managing Director - Hampton Data

Data and information management for a small and nimble oil and gas company

Talk Description.
Practical examples of how a small exploration and production company can distribute their workforce and virtualise their office using modern cloud based approach
Hampton Data
Hampton Data Services (HDS) was established in 1991, as a geotechnical data processing company specialising in legacy data. HDS's mission is to provide the highest quality, comprehensive, auditable, Data Management and Information services aimed at delivering interpretation-ready data, on time, to its customers' geoscientists.

The success of this initial strategy speaks for itself, ensuring that HDS is now the chosen service provider for many of the industry's major players. This in turn has enabled HDS to expand and diversify into being a provider of a comprehensive range of software and service solutions. With an highly experienced team, multi-lingual geoscientists, system engineers, software developers, and support staff, HDS is fully committed to providing you with the right solution for your data.
11:50

David Bamford - Director - PetroMall Ltd

Oil & Gas Analytics - working through large amounts of data to address the where (you drill) and how (you drill)

Talk Description.
There seems to be a relatively sudden and growing realisation that the two criteria that have been used in the past to drive value in a shale player - having plenty of acreage in the right basin and then in the "sweet spot" - are no longer enough; performance is now important, paramount.

At its simplest, performance is driven by 1) Where you drill and 2) How you drill/complete/frack.
As a completely subjective observation by me, I would say the big weakness in US shalers = Where in the rocks you put the well; the strengths are in design and execution of the completion/frack = How.

[Perhaps this is because engineers dominate US shalers and they focus on How; there's not enough thinking and real insight by explorers on Where!]

However, as I will illustrate, advanced analytics allow us to work our way through very large amounts of data and address the Where and the How!

David Bamford is well known around the oil & gas industry both as an explorer and a geophysicist. He holds a Physics degree from the University of Bristol and a Ph.D in Geological Sciences from the University of Birmingham.

Since 2004, he has been a non-executive director at Tullow Oil plc, being recruited for this position especially for his exploration knowledge. He serves on the Nominations and Remuneration Committees, and was chairman of the latter, and Senior Independent Director, for 3 years prior to his retire from the board at the end of April 2014.

He joined the board of Premier Oil in May 2014.

He retired from BP plc in 2003, his last four positions being Chief Geophysicist (1990-1995), Business Unit Leader (General Manager) for first West Africa and then Norway (1995-1999), and finally Head of Exploration until 2003.

He has served on the boards of Paras Ltd, a small exploration and IS/IT consulting company in which he held 22% equity, until its sale to RPS Energy in 2008 and Welltec a/s, a Danish well engineering company, as the nominee of the private equity investor Riverside.
From 2012 to 201 he was on the board of ASX-quoted Australia Oriental Energy as a non-executive director.

He was a founder of Richmond Energy Partners, a small oil & gas research house, and several media companies that focus on the oil & gas sector, and has served as an advisor to Alliance Bernstein, Opus Executive, the Parkmead Group plc, and Kimmeridge Energy LLP. Since retiring from BP, he has undertaken asset and company valuation projects for investment banks, hedge funds and small oil companies.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.
12:25

Graham Scotton & Deb Grubbe - Founders, Director - PetroMall Ltd

Near miss management - treat the root cause not the symptoms


PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.
13:00 Close: Lunch & Exhibits

Sponsors of this event

Teradata
Teradata is the world's largest company solely focused on creating enterprise agility through database software, enterprise data warehousing, and analytics. It's our passion and it's all we do. For the Oil & Gas Industry it must be "now", it must be safe, and it has to scale. Whether it is upstream reservoir data analytics, production and refining real-time data analysis, operations management, or back-office ERP provisioning Teradata has the technology platform, scalability, people and approach that will allow you to do more with your data - today.

DigitalGlobe
DigitalGlobe is a leading provider of commercial high-resolution Earth observation and advanced geospatial solutions that help decision makers better understand our changing planet in order to save lives, resources and time. Sourced from the world's leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers' most demanding mission requirements. Each day customers in defense and intelligence, public safety, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services depend on DigitalGlobe data, information, technology and expertise to gain actionable insight.

DigitalGlobe
DigitalGlobe is a leading provider of commercial high-resolution Earth observation and advanced geospatial solutions that help decision makers better understand our changing planet in order to save lives, resources and time. Sourced from the world's leading constellation, our imagery solutions deliver unmatched coverage and capacity to meet our customers' most demanding mission requirements. Each day customers in defense and intelligence, public safety, civil agencies, map making and analysis, environmental monitoring, oil and gas exploration, infrastructure management, navigation technology, and providers of location-based services depend on DigitalGlobe data, information, technology and expertise to gain actionable insight.

Hampton Data
Hampton Data Services (HDS) was established in 1991, as a geotechnical data processing company specialising in legacy data. HDS's mission is to provide the highest quality, comprehensive, auditable, Data Management and Information services aimed at delivering interpretation-ready data, on time, to its customers' geoscientists.

The success of this initial strategy speaks for itself, ensuring that HDS is now the chosen service provider for many of the industry's major players. This in turn has enabled HDS to expand and diversify into being a provider of a comprehensive range of software and service solutions. With an highly experienced team, multi-lingual geoscientists, system engineers, software developers, and support staff, HDS is fully committed to providing you with the right solution for your data.

PetroMall Ltd
Petromall is a unique oil and gas advisory service which prides itself on technical excellence in selected fields and supplementing business management and leadership; in the face of uncertainty.

We offer truthful, professional opinion and advice; no playback of what you already know, and no spin.

Petromall was founded by 4 senior industry and academic practitioners who consider the challenges faced by today's oil and gas environment are going to require herculean acts of leadership and technical skill in the high cost provinces of the world, in order to maintain an industry that is sustainable and even recognisable compared to recent history.

Similarly nations developing an oil and gas industry face related challenges as they seek to maximise the benefits of this new wealth-creating opportunity - in a responsible manner.

Global reach

Petromall actively participates in the facilitation and conduct of seminars worldwide, in conjunction with its associate partner Finding Petroleum.

Our presence reaches parts of the globe, such as: the UK, Malta, the USA, through partners in the Middle East, North Africa and Sub-Saharan Africa.

Registered Delegates

- -

-
United Kingdom
Malcolm Humble
Upstream Data Coordinator
ExxonMobil Global Service Company
Mike Larsen
Director
Metastream Ltd
United Kingdom
Tom Fox
Director
1234most Ltd - dynamicforecaster.com
Richard McIntyre
Sales Manager
Finding Petroleum
Jonathan Jenkins
Director
NDB Upstream
United Kingdom
Allan Induni
Geoscientist
a
United Kingdom
Karl Jeffery
Editor
Finding Petroleum
United Kingdom
Mike King
Oil & Gas Manager
NPA Satellite Mapping
United Kingdom
Hugh Ebbutt
Director
A T Kearney
United Kingdom
Avinga Pallangyo
Conference Manager
Finding Petroleum
Brendan Kelly
Managing Director EMEA
NRX AssetHub (HubHead Corp)
United Kingdom
Paul Murphy
Key Account Manager, Oil and Gas Division
Airbus Defence and Space
United Kingdom
John Leggate
Managing Partner
Flamant Technologies
United Kingdom
Mark Jones
Business Development Manager
ODE
United Kingdom
Alexander Estrin

Alesther Ltd.
United Kingdom
Irina Awote

GBC Ltd
Abi Mirkhani
COO
OPG Supply
United Kingdom
Geoffrey Boyd
Field Development Consultant
Antium FRONTFIELD
United Kingdom
Thomas O'Toole
R&D Geophysicist
Halliburton
Graham Scotton

Petromall
Maria Mackey
Energy Sector
AWS
United Kingdom
Ben Saunders
Product Manager - Analytics
Halliburton Landmark
United Kingdom
Greg Coleman
CEO
Petromall
United Kingdom
Simon Berkeley
Director
Berkeley Associates
United Kingdom
Waclaw Jakubowicz
Managing Director
Hampton Data Services
David Bamford

Petromall Ltd
Patrick Randell
Geologist
BP Exploration
Lawrence Jackson
Senior Account Executive
IHS
United Kingdom
Henry Dodwell
Consultant
PetroVannin
United Kingdom
Nick Pillar
Manager of Geophysics
Canadian Overseas Petroleum Ltd
United Kingdom
Martin Merryweather
Managing Director
Independent
Frederic Yeterian
Director
Philax International (UK) Ltd
United Kingdom
Micky Allen
consultant
consultant
United Kingdom
Manouchehr Takin

Independent consultant
United Kingdom
Robert Snashall
Consultant
RGSConsult
United Kingdom
Diwin Amarasinghe
Geophysical Specialist
Consultant
United Kingdom
Jonathan Baker
CEo
InnovationCo
Andreas Exarheas
Assistant Editor
Rigzone
United Kingdom
Richard Walker
Consultant Geophysicist
Cornhill Economics Ltd
United Kingdom
simon kendall
CEO
Interica
Brigitta van Niel
Technical support Manager
Sasol
United Kingdom
Dan Kunkle
Director
Count Geophysics
United Kingdom
Duncan McLachlan
Digital and Innovation Lead
io oil & gas
United Kingdom
caleb dadson

sasol petroleum
United Kingdom
Christopher Frost
Lead technical Analyst
DataCo
John Griffith
Upstream Advisor
JJG Consulting International Ltd
United Kingdom
Robert Heath
Consultant
Seismic & Oilfield Services Ltd
United Kingdom
Toya Latham

Drilling Info
United Kingdom
Christian Bukovics
Independent Director
JKX Oil&Gas Plc
United Kingdom
Michael Dyson
Manager
Striatum
United Kingdom
Stephanie Warne
Data Manager
DrillingInfo
United Kingdom
Peter Allen
consultant
layla resources
United Kingdom
Anne-Mette Cheese
Geology Advisor
Svenska Petroleum AB
United Kingdom
Darren Jones
Data Analyst/Cartographer
DrillingInfo
United Kingdom
Morten Lindback
Analyst
Lindback Energy
Norway
Filipe Mota da Silva
Head Solutions
Tata Consultancy
Terry Price
Managing Director
Easymatics
Neville Hall
Director/Consultant
Llahven Data Management & Compliance
United Kingdom
Duncan Irving
Practice Partner, Oil & Gas
Teradata
Nnamdi Anyadike
London office
Energy Correspondent
United Kingdom
Rupert Simcox
Data Analyst
Lynx Information Systems
United Kingdom
Peter Roberts
Business Development Manager
Tessella
United Kingdom
Boff Anderson
Snr. Land Operations Manager
EPI Group
Mark Ashford
Managing Director
MACOM Consulting Ltd
United Kingdom
David Gamboa
Associate, Integrateds and Upstream Research
Tudor, Pickering, Holt & Co.
United Kingdom
Ricky Schuleman
Web Developer
Evaluate Energy
Christoph Ramshorn
Director
Manage Your Options
Netherlands
Ian Jones
Head of IIS Practice
Venture Information Management
United Kingdom
Funmi Akinfenwa
Data Manager
ExxonMobil
Deborah Humphreville
Director energy, EMEAR
Maxar
United Kingdom
Pete Floyd
Senior Manager Upstream
Wipro
United Kingdom
Amber Harding
IT Manager
ExxonMobil