energy inc. e&p division adding to the bottom line: the use of it for e&p companies
Post on 26-Dec-2015
215 Views
Preview:
TRANSCRIPT
Energy Inc. E&P Energy Inc. E&P DivisionDivision
Adding to the Bottom Line:The Use of IT for E&P Companies
E&P Management E&P Management TeamTeam
Tracy Cui - Procurement Michael Escriva - Reservoir Management Steven Gilbert & Leonardo Perez -
International Operations Kyle Leinen - Shared Services Alicia Picchiani - Seismic Services Carol Seepersad - Drilling Daniel Ho
Seismic ApplicationsSeismic Applications
3D & 4D SeismicData Transfer
On-site processing Data storage Telecommunications
System Integration
BenefitsBenefits
Risk ReductionFaster ProcessingReal Time Feedback Inter-departmental Data SharingBetter Fulfillment of Customer
NeedsLower Exploration Overhead
Drilling ServicesDrilling Services
LandmarkIntegrated exploration, drilling &
production information systems Collection of Drilling Data
Database management of information collected during drilling
Data MiningAnalysis of data to find and interpret
patterns
BenefitsBenefits
Increased ProductivityEnhanced Teamwork Improved FlexibilityCost Reductions ($12 million)Better Understanding of Drilling
ProblemsKnowledge Management for Added
Value
Reservoir Reservoir ManagementManagement
Real-time Down-hole Measurement & Data Collection
Data Acquisition, Management & Transfer
Data Analysis & Reservoir Evaluation
Deep-water Drilling and Reservoir Management
BenefitsBenefits
Higher Percentage of Reservoir Exploitation
Real-time Monitoring of Reservoir Behavior
Exploitation of Inaccessible Deep-water Reserves
Continued Production
ProcurementProcurement
EDI - Transmission of Standardized Procurement and Product Information
Use of Internet Communications Data Sharing Internet B2B Applications
BenefitsBenefits Increased EfficiencyPooling of Resources Among Energy
CompaniesCost Cutting in Procurement
ContractsReduction of Order Processing and
Dispatch TimingPotential Access to Larger Number
of Suppliers and/or Customers
Shared ServicesShared Services
Acquisition & Transfer of Well Production Data for Production Accounting
Cost and Revenue AllocationElectronic Data TransferSAPHuman Resources Management
BenefitsBenefits
Data Collection & SharingReduced Personnel Costs Integration of Accounting Systems
Amongst DivisionsFederal and State Compliance Increased Productivity
International International ConsiderationsConsiderations
Availability of Qualified IT Personnel World-wide
Security of Intellectual PropertyForeign Government View of Data
EncryptionHardware Installation & System
Integration in Different Areas of World
Political Risk
ConclusionsConclusions
Increased Productivity and Risk Reductions Easily Evaluated in Operations Side of Business
Harder to Evaluate in Front OfficeDifficulty in Attributing Concrete
Financial Savings to BenefitsLack of Managerial Understanding
of Impact of IT
top related