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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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FEATURED SPEAKERS
Dr Duncan Irving
» Practice Partner, oil and gas
» Teradata
Waclaw (Wally) Jakubowicz
» Managing Director
» Hampton Data
Warrick Cooke
» Consultant
» Tessella

Full Agenda

Monday, November 19, 2018
London
The Geological Society

Getting value from digitalisation 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 “digitalisation” can have on:

  • Preventative maintenance/operation of surface facilities
  • Drilling and Completions (especially ‘fraccing’)
  • Reservoir Monitoring.

provided the business objective has been clearly and carefully defined.

What do we mean by “digitalisation” – 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!!


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.



Agenda

 
9:30 Welcome & Introduction: followed by SESSION 1:
9:40 Dr Duncan Irving - Practice Partner, oil and gas
Teradata




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 databa
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10:15 Waclaw (Wally) Jakubowicz - Managing Director
Hampton Data

Case Histories : Virtual & Cloudy E&P Data Management – made easier


Hampton Data Services (HDS) was established in 1991, as a geotechnical data processing company speci
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10:50 Coffee & Tea; Exhibits
11:20 Speaker from -
Flare Solutions Limited




Flare Solutions Limited is a global information management consulting and services company, celebrat
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11:40 Warrick Cooke - Consultant
Tessella

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
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12:15 Peter Parry - Partner; Leader, Oil & Gas Division
Bain & Co




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
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12:45 Lunch and close

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