On the packed opening day, SIS Global Forum attendees were given an exciting glimpse of the digital future for oil and gas with the unveiling of the DELFI cognitive E&P environment. Paal Kibsgaard, chairman and chief executive officer, and Ashok Belani, executive vice president, Technology, Schlumberger shared their vision of a new era of better business outcomes. Statoil’s Margareth Øvrum was among the industry’s leading speakers.
What’s next? – Paal Kibsgaard
“Our answer is to connect domains, people, and processes through a new software and digital foundation.”
Opening the Forum, Paal Kibsgaard, chairman and chief executive officer, Schlumberger, highlighted the dramatic changes experienced by the industry since the previous Forum in 2014.
Over that same time frame, Schlumberger has conducted a corporate-wide transformation that is already delivering significant cost and efficiency benefits for customers, he said. It has also continued to expand its technology portfolio and integrate it with customer proprietary and third-party technologies.
So what’s next? Alluding to the title of the SIS Global Forum 2017, Mr. Kibsgaard gave delegates their first glimpse of the DELFI cognitive E&P environment.
“This new solution offers far more than an incremental change to what is available today as it represents a completely new way of working that provides new opportunities, unmatched performance, and a step change in efficiency,” he said.
“We are delivering an environment that removes barriers between disciplines to create a seamless pore to process workflow, combining a new collaborative environment with extensive domain expertise and industry-leading software technology not only in the geoscience disciplines, but in all E&P domains.”
An environment for rapid innovation – Ashok Belani
“The E&P industry is yet to realize the full potential of data available today.”
Advances in technology are dramatically changing our personal lives—but leveraging their full potential to transform the oil and gas industry requires embedding the industry’s DNA, said Ashok Belani, executive vice president, Technology, Schlumberger.
He highlighted the work of Schlumberger’s Silicon Valley–based Software Innovation Technology Center, which links the digital technology industry and the oil and gas industry. It delivers innovative collaborations driven by “a complete understanding of our E&P domains.”
Explaining more about the new cloud-enabled DELFI environment, Belani highlighted the key characteristics that will enable it to take the industry to the next level of performance, including
- a revolutionized user experience, thanks to full personalization
- workflows boosted by faster and better insights
- liberated data through access to all data, quicker, and with improved accuracy for all applications at all times
- extensibility with APIs that will allow innovative new ideas to be rapidly incorporated into workflows in the DELFI environment
- seamless access to scalable computing power, on demand.
Statoil’s digital roadmap – Margareth Øvrum
“Statoil sees new realities as opportunities.”
Statoil has turned over every stone in its pursuit of simpler, more efficient ways of working—with impressive results.
Margareth Øvrum, executive vice president for Technology, Projects and Drilling, showed delegates how her company’s search for efficiency through digital solutions had delivered clear bottom-line benefits.
In 2013, Statoil’s break-even cost per barrel was USD 70, she said. Four years on, new ways of working have reduced that to USD 27 per barrel—and the aspiration for the company’s digital flagship oilfield, Johan Sverdrup, has reduced it even further to less than USD 20 per barrel.
Øvrum took the audience through Statoil’s digital roadmap as part of her presentation.