Information Management’s Critical Role in the E&P Asset ...

© 2018 Halliburton. All rights reserved.

Information Management’s Critical

Role in the E&P Asset Digital Twin

Gregg Rago

Region General Manager - Europe, Eurasia, Sub-Saharan Africa

Halliburton Landmark

Sonangol Workshop Sobre Gestão de Dados Petrolíferos

6 de Junho 2018

2© 2018 Halliburton. All rights reserved.

D I G I TA L Va l u e S H I F T

T H E T R A N S I T I O N TO N E W B U S I N ES S PA R A D I G M S T H AT L E V E R AG E D I G I TA L T EC H N O LO GY TO C H A L L E N G E P R E V I O U S LY H E L D A S S U M PT I O N S A B O U T T H E I N D U ST RY


What Does Success Looks Like?

RIG

SUBSEA

SURFACE

FACILITIES

HQ

RESERVOIR

Asset Physical Twin Asset Digital/Virtual Twin

IIOT and Edge

Analytics

Real-Time and

Platform

Cloud and

Integration

Big Data

Analytics/ML/AI

Digital Levers

The E&P Asset Digital Twin


What Does Success Looks Like?

Asset Digital/Virtual Twin

The E&P Asset Digital Twin

E&P Asset Digital Twin Benefits:

▪ Combines data-driven solutions and

advanced analytics into one model

▪ Enhances visualisation and collaboration to

improve efficiency and predictability

▪ Produces accurate representations of

multiple operational environments

▪ Assists the decisions made in the planning

process into accurate and safe execution

▪ Enables optimisation across the lifecycle


IM Strategy for an Efficient Digital Twin

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0

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𝐶(𝐼) <

0

𝑁

𝐶𝑊(𝑡, 𝑒,𝑚)

C(t,e,m)

Information

Inefficiency

Efficiency

Source: Dr. Michael Grieves, LIFE 2017

Information as Wasted - Time, Energy, Material Trade-off


Critical Success Factor 1:

Open enterprise architecture


Real-time access to all information; all of the timeDigital Twin delivers the Voice of the OilField™

Defining and designing high level integrated analysis and optimization workflows to extract

value from data by integrating multiple data sources, accelerating decision cycles and

optimising workflows.


Critical Success Factor 2: A Fit-for-Purpose Cloud Strategy

▪ Current cloud user base >> 3,000+

▪ Private Cloud with Landmark Earth

engineered appliance; includes Sonangol

▪ 50+ iEnergy instances globally

▪ DecisionSpace 365 SaaS working for

multiple customers

▪ XaaS and Data Service agreements >>

Banks, NDRs

▪ Strong and deep partnership with Amazon,

Dell EMC, Google and Microsoft.


Increased Data and Asset ValueData anytime / anywhere via NDR in the Cloud

▪ Self-service for All Users

▪ Intuitive GIS web interface

▪ All data at your fingertips: wells,

seismic, non-seismic, interpretations

▪ Combine with rich context and content to maximise end user value

▪ Efficient, auditable Data Management

▪ Business Process/Workflow driven

▪ ML and AI for improved data quality

▪ Secure, scalable and flexible

MDS Unstructured

DecisionSpace Platform

Big Data | Analytics| Mobility | Content

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Critical Success Factor 3: A Digital, Open Ecosystem Based on an Application Platform

Seismic Geology Drilling Formation Evaluation Completions Stimulation Artificial Lift Chemicals Abandonment

Offshore

ConstructionSubsea

Well

ServicingFacilities Pipelines

Rig

Equipment

Drilling

Contractor

Seismic

Acquisition

Directional

Drilling

Formation

EvaluationProduction

Cementing

Completion

Tools

Pressure

PumpingSoftware

Industry

A free, global and open community of scientists,

engineers and software developers in oil and gas

companies, service companies, software providers, data

vendors and technology developers committed to

producing an open and shared E&P software platform to

rapidly lower the cost and accelerate the pace of

innovation in the E&P Industry.

OpenEarth™

Community


An Infinite EarthPlanet to Plate to Pore

Michigan

Basin

Cincinnati

ArchIllinois

BasinBlack Warrior

Basin

Louisiana-

Mississippi

Salt BasinsGulf of

Mexico

Basin

Appalachian Basin

Basement


Concluding Remarks

▪Acting quickly on digital transformation will result in

significant Enterprise Value Gain; slow movers will lose.

▪Successful value shifters in E&P will achieve this by

implementing the E&P Digital Twin

▪The Digital Twin improves efficiency by offsetting the cost

of time, energy and equipment with information

▪An Open Enterprise Architecture, Fit for purpose cloud

strategy and Open Ecosystem are critical factors for the

success of your Digital Transformation

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