Intelligent Energy: The Past, the Present, and the Future
- Helen Gilman (Wipro Technologies) | Jan-Erik Nordtvedt (Epsis AS)
- Document ID
- Society of Petroleum Engineers
- SPE Economics & Management
- Publication Date
- October 2014
- Document Type
- Journal Paper
- 185 - 190
- 2014.Society of Petroleum Engineers
- 4.3.4 Scale
- digital oilfield, Intelligent Energy, integrated operations
- 5 in the last 30 days
- 408 since 2007
- Show more detail
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The first 10 years of intelligent energy (IE) have been interesting and rewarding. The oil and gas industry has seen many successful IE implementations with significant value delivered. We have established improved communication and collaboration, and seen changes enabled by real-time data and new technologies such as predictive analytics. However, we have not yet delivered the level and scale of transformation that were envisioned at the start. Our industry has moved more slowly at the same time that the “outside” world – our own homes and other industries – has moved much more quickly. As individuals, we consume information and communicate very differently from 10 years ago (e.g., through online booking, social media, and the use of map-based solutions). There is an ease of connecting across the world and "things talk" – but not in the oil patch to any large degree. [See Chui et al. (2010) for a broader discussion of the "Internet of Things."] In this paper, and on the basis of more than 10 years of experience working exclusively with IE and with more than a dozen of the key industry actors, we present an analysis of the IE domain, lessons learned, and suggestions for where we should go from here. We consider the reasons for our current state, attempting to answer why it might be more difficult to transform in the oil and gas industry than elsewhere. Why have some of the barriers been much bigger than we expected? The business case is as strong as it was 10 years ago, the technology is more robust, and we have more young people in the industry as well as a higher level of acceptance of technology and change in our personal lives. Thus, we should find it easier to make more-rapid progress now than in the past. What must change to achieve that progress?
|File Size||126 KB||Number of Pages||6|
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