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Solving E&P problems with digitalisation

How can digitalisation better deliver what it promises - and where can it do more?
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Peter Parry
» Partner; Leader, Oil & Gas Division
» Bain & Co
Waclaw (Wally) Jakubowicz
» Managing Director
» Hampton Data
Dr Duncan Irving
» Practice Partner, oil and gas
» Teradata
Warrick Cooke
» Consultant
» Tessella

Full Agenda

Monday, November 19, 2018
The Geological Society

Our Nov 19 forum tackles some of the most difficult issues which are emerging out of the ongoing transformation to digital technology.

Companies are finding they don't have the organisational capabilities they need, their data lakes are not giving the ROI they expected, their production analytics systems are making it hard to get value, their migration to cloud data storage is providing tough.

We'll tackle all of these issues in our forum with an illustration of the current picture and a pathway to how the situation can be improved.

Hitting some of the most topical issues with digital technology today

ORGANISATIONAL DIGITAL CAPABILITY - The organisational capability implications of digital for E&P companies - how should you change your organisations and develop your capability to get most value out of it?

DATA LAKES - lots of companies have invested in data lakes but are they getting the return on investment they expected - and how can the situation be improved? How do you make sure you understand why the system is telling you what it is telling you?

CLOUD BASED DATA MANAGEMENT - everybody wants to do it - how do you make sure it works well?

ANALYTICS ON PRODUCTION DATA - every oil company likes the idea of using analytics to work out how to improve production - what is the best way to start a project to get the best results?

IMPROVING YOUR DATA PLATFORM - the best way to set up a data platform to improve company performance

This event follows on from our Solving E&P Problems with Digitisation event in Nov 2017
view the agenda, the delegates list and the report below.


9:30 Welcome & Introduction: followed by SESSION 1:
9:40 Peter Parry - Partner; Leader, Oil & Gas Division
Bain & Co

Organisational and capability implications of digital for E&P players

Peter Parry is a partner in Bain & Company’s London office and a leader in the firm's Global Oil & Gas practice. He has extensive experience in strategy development, technology management, operations and commercial negotiation. He has worked extensively with the energy industry’s leading players over the past 28 years, including international majors, national oil companies, independent oil, and oilfield and engineering service companies.

Peter has a particular interest in strategies for corporate growth and shareholder return performance. He has extensive experience working alongside executive management in the oil majors and national oil companies, developing and implementing growth strategies.

He has assisted companies to develop technology portfolio management strategies and long-term technology investment plans, and to more closely integrate technical service activities, R&D, and field operations.

He has also played high-profile roles in the World Economic Forum and with the Global Business Coalition on HIV/AIDS, TB and Malaria. He has written and published a number of articles and papers on the oil and gas sector, on the low carbon agenda and on the effectiveness of public/private partnerships.

Prior to joining Bain & Company, Peter worked for Booz Allen Hamilton where he led the global upstream oil and gas consulting business. Previous roles have included managing director of Arthur D Little’s UK consulting and R&D business, manager in the Energy Corporate Finance team of a UK merchant bank and a technical specialist for the geophysical consultancy Scott Pickford and Associates.

Peter is a member of the Association of International Petroleum Negotiators and the Petroleum Exploration Society of Great Britain.

Bain & Co
Bain & Company is the consulting firm the world's business leaders come to when they want enduring r
10:15 Waclaw (Wally) Jakubowicz - Managing Director
Hampton Data

Challenges of moving information management to the cloud - both software and data

Talk Description

  • Using the cloud for data storage - and doing IM on data already on the cloud - is relatively easy.
  • But to get the most benefits you need software which can put data and digital work immediately on the cloud after it has been created.
  • It proves to be a challenge convincing big E&P software companies to let you put data on your own cloud - when they'd rather you used THEIR cloud.
  • An alternative is to work with new E&P software applications which can run on any cloud based environment you like, with input data on the same cloud

Hampton Data Services (HDS) was established in 1991, as a geotechnical data processing company speci
10:50 Coffee & Tea; Exhibits
11:20 Dr Duncan Irving - Practice Partner, oil and gas

Causing E&P problems with digitalisation

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 is the world's largest company solely focused on creating enterprise agility through databa
11:55 Warrick Cooke - Consultant

I wouldn't start from here: A data scientists' guide to the analytics of production engineering data

Talk Description
Advances in AI and machine learning allow previously intractable problems to be addressed through a combination of data, intelligence and computational power. Experience has taught us that unless starting with a greenfield system, much of the effort involved with applying such techniques will be spent on dealing with the complexities of legacy data. In this talk, we will give advice on how to prepare for or avoid some of the common problems encountered when taking analytics solutions from prototype to production.
Founded in 1980, Tessella is the international provider of science powered technology and consulting
12:30 Dave Camden - IM Consultant
Flare Solutions Limited

Improving the ROI of your Data Lake

Talk Description
- lessons from the past few years working with clients
- Using the Flare taxonomy as part of the model
- governance, maintenance and population of the lake
- avoiding the black box approach
Dave started in the oil business in 1976 as a field engineer in the Middle East. In 1982 he joined BG as a petrophysicist supporting the global exploration teams, going on to become their petroleum engineering manager. After BG there was a short period in IBM before Dave and a number of colleagues started Flare in 1998. Since then he has worked with many oil and service companies and government bodies, helping them manage a wide range of E&P information and data.
When not working Dave gets as far away from computer screens as he can by hiking in mountains and spending time in his garden

Flare Solutions Limited
Flare Solutions Limited is a global information management consulting and services company, celebrat
12:50 Lunch and close

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