Simplified Eq Analysis Structures With Foundation Uplift_Chopra Yim
“How IT enables the Oil and Gas Industry” Lewis Yim
Transcript of “How IT enables the Oil and Gas Industry” Lewis Yim
© 2011 BAKER HUGHES INCORPORATED. ALL RIGHTS RESERVED. TERMS AND CONDITIONS OF USE: BY ACCEPTING THIS DOCUMENT, THE RECIPIENT AGREES THAT THE DOCUMENT TOGETHER WITH ALL INFORMATIONINCLUDED THEREIN IS THE CONFIDENTIAL AND PROPRIETARY PROPERTY OF BAKER HUGHES INCORPORATED AND INCLUDES VALUABLE TRADE SECRETS AND/OR PROPRIETARY INFORMATION OF BAKER HUGHES(COLLECTIVELY "INFORMATION"). BAKER HUGHES RETAINS ALL RIGHTS UNDER COPYRIGHT LAWS AND TRADE SECRET LAWS OF THE UNITED STATES OF AMERICA AND OTHER COUNTRIES. THE RECIPIENT FURTHERAGREES THAT THE DOCUMENT MAY NOT BE DISTRIBUTED, TRANSMITTED, COPIED OR REPRODUCED IN WHOLE OR IN PART BY ANY MEANS, ELECTRONIC, MECHANICAL, OR OTHERWISE, WITHOUT THE EXPRESS PRIORWRITTEN CONSENT OF BAKER HUGHES, AND MAY NOT BE USED DIRECTLY OR INDIRECTLY IN ANY WAY DETRIMENTAL TO BAKER HUGHES’ INTEREST.
Digital Oilfield
“How IT enables the Oil and Gas Industry”
Lewis YimBEACON Global Services - Operations Manager
Baker Hughes Incorporate
20th October 2011 Baker
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Outline
• Intro
• Lifecycle of a Well
• IT in Oil & Gas
• Challenges
• What is Digital Oilfield?
• Opportunities/Solutions - BEACON
• Examples
• What’s next Digital Oilfield
• Questions
© 2011 Baker Hughes Incorporated. All Rights Reserved.2
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About Baker Hughes*
© 2011 Baker Hughes Incorporated. All Rights Reserved.3
*FY 2010: Baker Hughes and BJ Services
Revenue R&E Employees Facilities Operations
$14.4billion
$425million
53,000+ 72countries
80+countries
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A Customer-Focused Organization
Gulf of Mexico
USLand
Canada
Latin America
Europe
Africa
Russia Caspian
Middle East Asia Pacific
Region headquarters
Geomarket headquarters
© 2011 Baker Hughes Incorporated. All Rights Reserved.4
Business Segments
Reservoir DevelopmentServices
Drilling and Evaluation
Completions and Production
Pressure Pumping
Industrial Services
Integrated Operations
Global Support
Portfolio Management
Global Marketing
Supply Chain
Reliability and QualityBaker
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The lifecycle of a well
© 2011 Baker Hughes Incorporated. All Rights Reserved.5
SeismicSurveys
Drilling LoggingWell
CompletionsFracturing/Stimulation
Production
Physical Environment MsMicometers+250°C30,000 PSI
DecadesKm
-50°C10s PSI
IT Environment 10^10 b/measurement100’s gb/sms
10s b/day10s b/s
Hours/Days
Business Environment $20K/Day$20+BLocal Farm10 Major customers
$500k/Day$10ks/hr
Arctic1000’s “mom & pop”
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IT in Oil and Gas
© 2011 Baker Hughes Incorporated. All Rights Reserved.6
• Approx 1.4% of its total revenue being spent on ICT
• In 2008, the total spending reached $37.6 billion.
TelecomServices,
$4.7IT Services,
$5.0
ComputerEquipment,
$5.9IT
Outsourcing,$9.1
Software,$9.7
CommsEquipment,
$1.2
Global O&G IT budgetspending
(US$ billions, 2010*)
*Source: Forrester Research 2010 report
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IT in Oil and GasGlobal ICT budget Spending (US$ billions)
© 2011 Baker Hughes Incorporated. All Rights Reserved.7
Forrester Forecast
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Challenges in Oil & Gas
© 2011 Baker Hughes Incorporated. All Rights Reserved.8
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Challenges in Oil & Gas
© 2011 Baker Hughes Incorporated. All Rights Reserved.9
• Complexity of new wells
• HPHT
• Deep-water
• Unconventional oil & gas
• Extended reach
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Challenges in Oil & Gas
© 2011 Baker Hughes Incorporated. All Rights Reserved.10
• Complexity of new wells
• HPHT
• Deep-water
• Unconventional oil & gas
• Extended reach
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Challenges in Oil & Gas
© 2011 Baker Hughes Incorporated. All Rights Reserved.11
• NPT (non productive time)
• Cost $26b
• Wellbore Stability (37%), Rig Failure (22%)
• Human Factors
• Health and Safety
• Aging Workforce (majority to retire in next 5 years)
• Inexperience
• Time
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Challenges in Oil & Gas
© 2011 Baker Hughes Incorporated. All Rights Reserved.12
• Geographical
• Emerging markets/experts
• Remote locations
• Travel
• Time zones
• Local legislation/regulations
• Demand
• Increased Energy consumption
• Government pressure
• Oil Price Up and DownBaker
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Pop Quiz
© 2011 Baker Hughes Incorporated. All Rights Reserved.13
How much data does an oil rig produce per day?
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i-Field, Digital Oilfield, Smart Fields, IntegratedOperations, Field of the Future???
© 2011 Baker Hughes Incorporated. All Rights Reserved.14
Baker
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What is Digital Oilfield?
© 2011 Baker Hughes Incorporated. All Rights Reserved.15
„The vision for the Digital Oil Field is one where operators, partners, andservice companies seek to take advantage of improved data and knowledge
management, enhanced analytical tools, real-time systems, and moreefficient business processes‟
CERA: Digital Oil Field of the Future
• Move to a real time or near real time way of working
• Connection of one or more remote sites or teams to work together
• Moving to more multidiscipline way or workingBaker
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The Digital OilfieldCommonly terms used
© 2011 Baker Hughes Incorporated. All Rights Reserved.16
Real-time Data
Visualization
Production optimization
Condition monitoring
Remote OperationsKnowledgeManagement
Flowline Monitoring
Control of Subsea Production Systems
Virtual Collaboration
Source: Step Change Global
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Building the DOF platform
© 2011 Baker Hughes Incorporated. All Rights Reserved.17
Organisation
People
Process
Technology & Environment
Capability Deploymentnot
Technology Implementation
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Solutions/OpportunitiesBaker Hughes’ vision of Digital Oilfield
© 2011 Baker Hughes Incorporated. All Rights Reserved.18
Real-TimeCollaboration
DataManagement
Global Standards
RemoteOperations
24/7 TechnicalSupport platform
BEACON - The Baker Hughes platform for remote
operations, managed at the enterprise level, deploying commonstandards and services to provide a global, secure servicedelivery model
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Opportunities – “Re-Manning”
Traditional offshore crew configuration with additional specialist services:
2 DD 2 MWD 2 DE 2 ML 2 Spec
+
+
BEACON offshore crew:
DDx ARTE ARTEDDx
=8 – 10
people
offshore
+ +
BEACON onshore crew:
=2 – 3
people
offshoreSpec SpecBak
er Hug
hes
Opportunities – Data Delivery
© 2011 Baker Hughes Incorporated. All Rights Reserved.20
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© 2009 Baker Hughes Incorporated. All Rights Reserved.21
Opportunities - Real-Time VisualizationFrom the Driller …… to the Geologist
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Opportunities - Real Time Collaboration’s NetworkFrom Driller to Geologist
© 2011 Baker Hughes Incorporated. All Rights Reserved.22
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IT EnablersWhere “Core” IT enables the Digital Oilfield
© 2011 Baker Hughes Incorporated. All Rights Reserved.23
Digital Oilfield
Infrastructure
Hosting &Storage
Security
Software
VideoConferencing
Process
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Results
© 2011 Baker Hughes Incorporated. All Rights Reserved.24
• Operations and Maintenance
– Opex Cost Reduction 5-15% Standard Industry figures
• Drilling and Well Planning
– Reduction in NPT 5-15% reduction in total well time
• HSE
– 25% Reduction in offshore staff
– Environmental monitoring opportunity
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What’s Next?
© 2011 Baker Hughes Incorporated. All Rights Reserved.25
• More utilization of Cloud technologies
• Increased automation at rig sites
• DOF included in the design of new oilfields
• Preventative prediction
– think Minority Report
• Integration of other disciplines
– Supply Chain
– Finance
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