2018 SPE Annual Technical Conference and Exhibition Opening General Session
Everyone is asking about modernizing and transforming our industry using big data, but the real question is how to use it to improve safety and increase profitability.
Can we take a systems approach to creating a true step-change in the safety, quality, and efficiency of our operations? To do so, we need to combine hardware, software, data, and domain expertise seamlessly, and collaboratively across geoscience, engineering, drilling, completions, and operations. And more importantly, we have to change our mindset and embrace the change in our culture.
We are all looking for ways to improve safety, increase efficiency, and make better decisions as we adjust to the new normal or “lower for longer” industry environment. How will new data analytics help us do that?
The long-anticipated Big Crew Change has mostly happened in the last few years. Our current workforce is younger and more digitally capable, but are we using their skills to our advantage? How do we prepare them for a more data-intensive workplace?
And, finally, is data analytics scalable? Have we started incrementally and are we seeing encouraging results? Can smaller operators or those in developing countries reap the rewards of a digitally evolving oil field?
Looking for more?
Some of the OnePetro partner societies have developed subject- specific wikis that may help.