E&P Technology Transfer: The Key to Success

Abstract

Summary Petroleum industry technology has historically been transferred in very conventional ways. The technology-transfer methods used most often were reading printed materials, attending schools or conferences, and transferring personnel. These methods are effective but time consuming and costly. Transferring technology through activities that are embedded in the person's job is becoming common. The benefits of simultaneous learning and applying that knowledge are significant. Many people and organizations have struggled with their ability to disseminate new technology and apply new techniques. Improving the cost effectiveness of technology transfer will help many E&P companies be successful in the future. Companies that continuously improve their technology-transfer process will capture more growth opportunities. Background For a significant part of the petroleum industry's early history, technical information was shared through print media, formal training, and personnel movement. These techniques required a strong commitment of personnel time and were adequate until now. Slim product margins and competition have forced technology-transfer methods to become more efficient. The assortment of printed information available to the technical professional is enormous. Libraries and offices are full of textbooks, technical papers, monographs, and technical manuals. Many of the latest technology advancements are well documented in the literature. In today's environment, even dedicated professionals simply do not have the time to keep up with the large number of books, journals, and papers that are being published. Many engineers and geoscientists will attribute much of their technical learning to attending schools and conferences. University and industry courses are well-established sources for technical training. Likewise, individuals use industry conferences, symposiums, seminars, and forums as an excellent source for ongoing technology enhancement. Most of these offerings are focused on topics that are critical to the experienced professional. However, these activities are considered by many as expensive and time consuming. For years, the primary focus was on the associated expenses to attend these sessions. However, concern for the time commitment involved has become increasingly important. Frequent personnel relocations have been common throughout much of this industry's history. Most transfers are motivated by the desire to place the person with the right skills in the proper assignment to meet changing conditions. However, the ongoing reduction of operating expenses has impacted the frequency of personnel relocations. Companies in the E&P industry are now challenged with finding ways to accomplish these same benefits at a reduced cost.