How Do We Accelerate Uptake and Fulfill the Value Potential of Intelligent Energy?

Abstract

AbstractThe objective of this paper is to identify ways to accelerate the uptake and fulfill the value potential of Intelligent Energy (IE). The paper is co-authored by a cross-industry group drawn from operators, service provides and product vendors, all of whom have been involved in the IE arena for 10 years or more. We have analyzed the past experience to identify ways in which IE has been successful, and improvements that could be made to add value across a broader scale amid the challenges of today's commercial environment. In this paper, assessments are given on IE implementations to identify practical ways in which we can expand deployment and deliver results more quickly, including the importance of collaboration and competition in the IE domain, and how longer-term business models and new organizational ideas could improve the industry's uptake of IE. We have identified two areas where we believe changes to our approach could deliver significant benefits, through the expanded use of integrated workflows and shared Subject Matter Expert services. We discuss the benefits and challenges of this integrated approach to solution design, work processes, technology, skills and competencies. Field cases from two major operators are given as best practice examples on advanced use of Intelligent Energy in the oil and gas industry.