www.roxarsoftware.com
Roxar Software Solutions Achieving More With Less
Eirik Gudmundsen, Regional Manager AP
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A few thoughts before we get started...
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Agenda
1. Introduction
2. Roxar Software Solutions Overview
3. What we have LESS of today
4. How we can get MORE out of less
5. Summary and Q&A
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Roxar Software Solutions Overview
Well Correlation
Mapping
Structural
Modelling
Property
Modelling
Upscaling Simulation
Well planning
History matching
and prediction
Seismic
Interpretation
Roxar, a business unit of Emerson Process Management, is a leading
international technology solutions provider covering the entire reservoir
optimization value chain
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Agenda
1. Introduction
2. Roxar Software Solutions Overview
3. What we have LESS of today
4. How we can get MORE out of less
5. Summary and Q&A
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Talent will soon be in short supply in the oil & gas
industry. More than 50% of the current industry
workforce will be eligible to retire in 2015!
Source: GE Oil and Gas. Bridging the Talent Gap (February 15, 2013)
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Easily recoverable reserves are dwindling and the
remaining oil will be more expensive to produce.
At the same time, oil prices are dropping...
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Agenda
1. Introduction
2. Roxar Software Solutions Overview
3. What we have LESS of today
4. How we can get MORE out of less
5. Summary and Q&A
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Success: 80% of your success will come from
20% of your efforts
Crimes: 80% of crime is committed by 20% of
the criminals
Cost: 80% of the equipment budget comes from
20% of the items
Presentation: 80% of this audience will only
remember 20% of this presentation
80% of the effects come from 20% of the causes
How can we apply this to the oil & gas industry?
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Talent Gap: Make the most out of the talent you have
Identify 20% of the activities that truly matters, and focus on
the tasks where your talents contribute the most!
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Talent Gap: Cross disciplinary teams can be more productive
By mixing talents from different disciplines, higher motivation,
greater productivity and better results can be achieved!
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Talent Gap: Quickly identify potentials and develop talent
The talent you develop yourself is usually the most dedicated
and effective. If you don’t identify them, someone else will!
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Low Oil Price: Understand where the opportunities are
Can I reduce time to first oil? Can I optimize my existing
production? Can I improve the forecasts?
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Low Oil Price: Find solutions that can help you achieve more
Whenever there is a need to achieve more with less, new
technologies and solutions will present themselves!
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Agenda
1. Introduction
2. Roxar Software Solutions Overview
3. What we have LESS of today
4. How we can get MORE out of less
5. Summary and Q&A
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Summary
It is possible to achieve more with less in the oil & gas industry
Make the most out of the talent you have.
Understand where the opportunities are.
Find new solutions that can help you achieve better results.
If you focus on what you want to achieve, you can probably achieve it with less effort
Better Decisions. Better Returns.
www.roxarsoftware.com
Eirik Gudmundsen Regional Manager AP – Roxar Software
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