Latest Trends in Information Managament LifeCycle

Transcription

1 Latest Trends in Information Managament LifeCycle Shashank Panchangam Sr. Industry Solutions Advisor 2016 Halliburton. All rights reserved.

2 Disclaimer The content of this presentation is intended to outline Landmark s general product direction, is intended for informational purposes only and, unless otherwise agreed in writing, shall not be incorporated into any contract. Landmark makes no representation about the accuracy, reliability, completeness or timeliness of the information provided herein and the information may be revised at any time without notice. The development, release and timing of any features or functionality described for Landmark s products remains at the sole discretion of Landmark. This presentation and the information herein is presented as is and Landmark makes no warranty, express or implied and Landmark assumes no liability in connection with the use of information contained herein Nothing in this presentation should be construed as granting any license or right to use the property of Landmark without the express written consent of Landmark and information presented herein may be subject to applicable existing non-disclosure agreements. The trademarks, service marks and logos displayed herein are the property of Landmark. All text, images, graphics and other materials in this presentation are subject to the copyright and other intellectual property rights of Landmark 2016 Halliburton. All rights reserved. 2

3 Software imperatives for the down-cycle Production growth outpaces demand Higher reinvestment grows production Daily Production Spending Exploration Development Mature fields Production undershoots demand Low reinvestment hurts production growth Cash flow declines force spending cuts & consolidation Prices drop, hurting cash flow Oil Price Upstream Operating Cash flow Higher prices improve cash flow Cyclical industry requires Agility Software is relevant for all cycles 1. Operational Analytics 2. Business Optimization Rationalization Standardization Simplification Cash flow growth allows increased reinvestment Adapted from: Morgan Stanley Research, Nov Halliburton. All rights reserved. 3

4 Big Data is everyone s chatter.. It s raining Big Data Awareness Hype Reality Value creation Consumer, Retail Sensors, Manufacturing Real time Oil & Gas Muddy definitions, uses Old repurposed to new Non Real-time is hard 2016 Halliburton. All rights reserved. 4

5 Information - critical asset throughout E&P value chain Oil Field Service Companies Operating companies Ministry and National data repositories Business Data Business Data Technical Data Technical Data this has led to 2016 Halliburton. All rights reserved. 5

6 Big data problems are real for E&P Collect, Visualize, Analyze, Predict 600 sq. km, 75K shots, 2.5TB/project Re-compute prohibitive ($, Time) Errors even more expensive 2016 Halliburton. All rights reserved. 6 Where would one use Neural Nets, Machine Learning, Predictive Models?

7 Scale Complexity AT SCALE, EVERYTHING BREAKS 2014 HALLIBURTON. ALL RIGHTS RESERVED. 7

8 Software and Hardware Convergence Executing the code where the data is Data is stored in the same address space as the Application 8

9 E&P LIFECYCLE MANAGEMENT ACHIEVE OPTIMAL TECHNICAL, OPERATIONAL, AND ECONOMIC PERFORMANCE ACROSS THE E&P LIFECYCLE UNCONVENTIONALS DEEPWATER MATURE FIELDS INTERPRET & MODEL PLAN & DESIGN EXECUTE & OPERATE EXPLORATION & APPRAISAL LIFECYCLE RESERVOIR DEVELOPMENT LIFECYCLE DRILLING LIFECYCLE PRODUCTION LIFECYCLE ACQUIRE THE RIGHT ASSETS ENHANCE RESERVOIR UNDERSTANDING & INSIGHT DRILL DEEPER, FARTHER, FASTER REACT FASTER & GENERATE HIGHER RETURNS PETROLEUM INVESTMENT LIFECYCLE MITIGATE BUSINESS RISK INFORMATION MANAGEMENT LIFECYCLE MAKE INFORMATION-DRIVEN DECISIONS 9 PLAN /DESIGN FIND TRANSFER/USE MONITOR/ANALYZE CLEAN CAPTURE RESULTS

10 Single E&P Platform Management External Users Geoscientists EASY ACCESS Data Management One Virtual Database 3 rd Party Connectors File Sync Dropsite Data Clean-Up Universal Search Dashboard Analytics Workflow Engine Data Transfer OPEN INTEGRATION Landmark Databases 3 rd Party Databases Unstructured Data Real-time 10

11 Comprehensive Information Management Holistic solution for loading, managing, storing, processing, and distributing all E&P Data DecisionSpace Integration Server Dropsite Loader Transfer, sync, subscription Key: DSIS QC DB 11

12 Solution Components Easy to navigate wizard like, browserbased dashboard Automation Dropsite data loading 12

13 Solution Components Single QC across all Data sources Data Quality 13

14 Solution Components Tabular, Map-based displays with powerful query search capabilities Search & Transfer 14

15 Solution Components Streamline Business Processes Build Cross Domain Workflows Business Process Management 15

16 Solution Components Rich Visualization tools to easily analyze all corporate data Analytics 16

17 Landmark s Corporate Information Management Solutions Well Master Borehole Seismic Project Data Management 17

18 Single E&P Platform Management External Users Geoscientists EASY ACCESS Data Management One Virtual Database 3 rd Party Connectors Data Transfer Data Clean-Up Universal Search Dashboard Analytics Workflow Engine File Sync Dropsite OPEN INTEGRATION Landmark Databases 3 rd Party Databases Unstructured Data Real-time 18

19 Comprehensive Information Management Solution Value Single view of data across assets (Seismic, Log, Well, Real Time, Production) Unparalleled collaboration across domains (Exploration, Drilling, Production, Economics) Improve data consistency and quality Reduce data movement, transfer Built-in E&P intelligence and common reusable services Unit of measure, cartographic conversions of data Out of the box data management workflows for borehole, well header master etc. Integration between data managers, project teams Powerful and rich analytics customizable across data sources Automation, BPM and QC tools drive efficiencies throughout lifecycle 19

20 2016 Halliburton. All rights reserved. 20