The first fully integrated Digital Oilfield Automation ...
Transcript of The first fully integrated Digital Oilfield Automation ...
11
The transaction is expected to close in the summer of 2019, subject to regulatory approvals and other customary conditions
Announcing…The first fully integrated Digital Oilfield Automation solutions provider
22
The transaction is expected to close in the summer of 2019, subject to regulatory approvals and other customary conditions
3
The Oilfield TodayCustomers’ biggest challenges
Well Head, Monitoring
& Artificial Lift
Gathering, Separation & Surface Processing and Process Automation
Terminals & Storage
Custody Transfer
Pipelines
Down Hole Sensing & Measurement
ON AND OFF SHORE
Sub Sea Operations
Offshore Production
Floating Production & Storage
EnterpriseEnterpriseEnterprise
Rockwell Automationassets embedded
throughout the Oilfield Drives Controllers HMII/O …
▪ Many disparate assets
▪ Remote assets are not connected
▪ Many manual processes
▪ Scarcity of technical experts
▪ Increased focus on cost reduction
▪ Project and risk management
▪ Safety and security
▪ Limited resources
▪
C H A L L E N G E S
4
Solving Customer ChallengesCreating first fully integrated Digital Oilfield Automation solutions provider
▪ Volatility
▪ Pressure on profit margins
▪ Market consolidation
▪ Optimize / expand capacity while minimizing capital investment
INDUSTRY TRENDS
▪ Faster time to market
▪ Operational productivity
▪ Asset management and reliability
▪ Enterprise risk management
CUSTOMER NEEDS
▪ Measurement and data connectivity for insight & analytics
▪ Artificial Lift – optimization and life extension of oil wells
▪ Integrated process automation
SENSIA CUSTOMER OUTCOMES
Complete lifecycle and process automation solutions from well to terminal
~$5B Upstream PAM for Digital Oilfields
Currently no single end-to-end solution provider or unified technology platform
Market projected to growdouble digits
OPPORTUNITIES FOR GROWTH
5
Sensia – creating the industry leader in Digital Oilfield and Automation
Complementary Expertise
Production Optimization Analytics
Complementary Technologies
Well & Reservoir Analysis
Measurement & Instrumentation
Enterprise-Wide Visualization & Analytics
Production ManagementSoftware
Digital Oilfield Domain Expertise
Real-Time Control, Data & Asset Connectivity
Digital Oilfield Well & Reservoir Production Optimization Oil & Gas Process Automation
Production Optimization Implementation
Production Optimization Implementation
Packaged Artificial Lift
Leveraging both companies’ technology and expertise
6
Joint Venture Structure
~1,000 employees~$400M initial revenue
HQ Location: Houston, TX>80 countries served
People
Domain Expertise
Technology & Businesses
~1,000 employees~$400M initial revenue
HQ Location: Houston, TX>80 countries served
~$250M PAYMENT AT CLOSING
53% 47%
~500 employees
Oil & Gas
Control & IoT CapabilitiesOil & Gas Solutions & Services Software & AnalyticsArtificial Lift
People
Domain Expertise
Technology & Businesses
~500 employees
Oil & Gas
MeasurementInstrumentation
Software & AnalyticsArtificial Lift
Estimated closing and operations begin in summer 2019
Focused on SolutionsFocused on Solutions
7
Sensia’s Differentiated OfferingWill provide an integrated offering vs project-based partnerships
▪ Secure, scalable solutions integrated into one technology platform (cloud or on premise)
▪ Integrated process control, safety & information solutions
▪ Single point of responsibility for contract management▪ Committed & fully integrated technology roadmap ▪ Deep domain expertise and global footprint
MEASUREMENTARTIFICIAL
LIFTPROCESS
AUTOMATIONDATA
MANAGEMENT APPLICATIONS
Maturity Key High Medium Low
Industry’s first Digital Oilfield Automation solutions provider
ROK
SLB
End-to-end solutions – from measurement to production optimization to process automation
8
So How Does it All Work?
Customer Outcomes
▪ Improved visibility to disconnected data▪ Elimination of manual process to drive
production efficiencies▪ Asset optimization and automation▪ Safety and security
(both personnel and assets)
Real-Time Control & Process Automation
Wells & Artificial Lift
Operational Assets &
Equipment
Well Pad
Data Connectivity & Orchestration
Production Optimization
Example of Upstream Oil & Gas Application
Field DevicesAssets
9
Sensia’s Estimated Initial Revenue Mix
By StreamBy Region
80%
Upstream
15%
Midstream
5%
Downstream
EMEA
North America
Asia Pacific
41%
27%
19%
13%
LatinAmerica
1010
Sensia…The first fully integrated Digital Oilfield Automation solutions provider