Optimization and Business Improvement Studies in Upstream Oil and Gas Industry PDF Download

Author: Sanjib Chowdhury
Publisher: John Wiley & Sons
ISBN: 111924658X
Category : Technology & Engineering
Languages : en
Pages : 339

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Book Description
Delves into the core and functional areas in the upstream oil and gas industry covering a wide range of operations and processes Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas – deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves – deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. Optimization and Business Improvement Studies in Upstream Oil and Gas Industry contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize Productivity of drilling operations Controllable rig time loss Deepwater exploration strategy Rig move time and activity schedule Offshore supply vessel fleet size Supply chain management system Strategic workforce and human resource productivity Base oil price for a country Standardize consumption of materials Develop uniform safety standards for offshore installations Improve organizational efficiency through business process simplification The book will be of immense interest to practicing managers, professionals and employees at all levels/ disciplines in oil and gas industry. It will also be useful to academicians, scholars, educational institutes, energy research institutes, and consultants dealing with oil and gas. The work can be used as a practical guide to upstream professionals and students in petroleum engineering programs.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: Phil Andrews
Publisher: Elsevier
ISBN: 012800990X
Category : Technology & Engineering
Languages : en
Pages : 145

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Book Description
Volume 1: Education and Training for the Oil and Gas Industry: Case Studies in Partnership and Collaboration highlights, for the first time, 8 powerful case studies in which universities, colleges and training providers are working with oil companies to produce capable, competent people. This essential companion in our series illustrates not only the carefully researched details of the partnerships and collaborative activities, but also offers commentary on each of the cases from Getenergy’s decade of experience in uniting universities, colleges, training providers and the upstream oil and gas industry on a global basis. Edited by Getenergy’s Executive Team which—for more than a decade—has uniquely specialized in mapping and connecting the world of academia and learning with the upstream oil and gas industry through events and workshops around the globe. Detailed research into the key facts surrounding each case with analysis to enable readers to quickly and effectively extract the lessons and apply to a variety of challenges in building oil/gas workforce capacity. Highlights the business lessons for universities, colleges and training providers from collaborative working to support skills projects for major companies where demand is greatest. Includes full colour images and partnership diagrams’ to underscore key concepts Offers a unified and universal case study rating mechanism in which readers can participate on-line to be part of this important and varied community.

Author: Kingshuk Srivastava
Publisher: CRC Press
ISBN: 1000995119
Category : Technology & Engineering
Languages : en
Pages : 187

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Book Description
This book covers aspects of data science and predictive analytics used in the oil and gas industry by looking into the challenges of data processing and data modelling unique to this industry. It includes upstream management, intelligent/digital wells, value chain integration, crude basket forecasting, and so forth. It further discusses theoretical, methodological, well-established, and validated empirical work dealing with various related topics. Special focus has been given to experimental topics with various case studies. Features: Provides an understanding of the basics of IT technologies applied in the oil and gas sector Includes deep comparison between different artificial intelligence techniques Analyzes different simulators in the oil and gas sector as well as discussion of AI applications Focuses on in-depth experimental and applied topics Details different case studies for upstream and downstream This book is aimed at professionals and graduate students in petroleum engineering, upstream industry, data analytics, and digital transformation process in oil and gas.

Author: Robin Winkle
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
How do you compete for customers when you are selling a globally traded commodity? In the upstream oil and gas industry, you are not competing for customers, you are competing for access to the best resources. Strategy in the upstream oil and gas industry is how you compete, and where you compete, for access to those resources.Business Development Strategy for the Upstream Oil and Gas Industry provides a framework for developing that strategy. The book takes the reader through an assessment of portfolio health, organizational capability, and asset mix to understand their competitive advantage and how to convert this into a business development strategy. Featuring industry case studies and including extensive reference material, this book is essential reading for oil and gas executives, financiers, attorneys, and anyone interested in business development in the industry.

Author: Keith R. Holdaway
Publisher: John Wiley & Sons
ISBN: 1118910893
Category : Business & Economics
Languages : en
Pages : 389

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Book Description
Use big data analytics to efficiently drive oil and gas exploration and production Harness Oil and Gas Big Data with Analytics provides a complete view of big data and analytics techniques as they are applied to the oil and gas industry. Including a compendium of specific case studies, the book underscores the acute need for optimization in the oil and gas exploration and production stages and shows how data analytics can provide such optimization. This spans exploration, development, production and rejuvenation of oil and gas assets. The book serves as a guide for fully leveraging data, statistical, and quantitative analysis, exploratory and predictive modeling, and fact-based management to drive decision making in oil and gas operations. This comprehensive resource delves into the three major issues that face the oil and gas industry during the exploration and production stages: Data management, including storing massive quantities of data in a manner conducive to analysis and effectively retrieving, backing up, and purging data Quantification of uncertainty, including a look at the statistical and data analytics methods for making predictions and determining the certainty of those predictions Risk assessment, including predictive analysis of the likelihood that known risks are realized and how to properly deal with unknown risks Covering the major issues facing the oil and gas industry in the exploration and production stages, Harness Big Data with Analytics reveals how to model big data to realize efficiencies and business benefits.

Author: Elias G Carayannis
Publisher: Edward Elgar Publishing
ISBN: 1839106751
Category : Business & Economics
Languages : en
Pages : 475

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Book Description
The Handbook of Research on Artificial Intelligence, Innovation and Entrepreneurship focuses on theories, policies, practices, and politics of technology innovation and entrepreneurship based on Artificial Intelligence (AI). It examines when, where, how, and why AI triggers, catalyzes, and accelerates the development, exploration, exploitation, and invention feeding into entrepreneurial actions that result in innovation success.

Author: Havard Devold
Publisher: Lulu.com
ISBN: 1105538648
Category : Gas fields
Languages : en
Pages : 84

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Book Description

Author: Phil Andrews
Publisher: Elsevier
ISBN: 0128011831
Category : Technology & Engineering
Languages : en
Pages : 132

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Book Description
Education and Training for the Oil and Gas Industry: Localising Oil and Gas Operations, Volume Four in the Getenergy series will set out the case for localising the oil and gas operations within hydrocarbon-producing countries. The focus of this final Volume in the series will be to explore the value of engaging with local suppliers, local talent and other local stakeholders in the exploration and production of oil and gas resources. Specifically, we will set out an agenda around which operators and service companies can coalesce and that highlights the ways in which smart, targeted investments in education, training and local infrastructure can create a new way of doing business, particularly in developing or emerging energy economies. Getenergy Intelligence have developed a unique tool to evaluate the potential cost benefits of localisation for any given project. This volume lays out the rationale, methodology and processes we have developed to successfully map out localisation and implement strategic capacity development for oil and gas operations. The significant cost benefits of localisation have been recognised by a number of major oil and gas companies, but localisation is still an aspect of doing business that is poorly understood by much of the global industry. In the first section of this book, the authors provide the rationale for localisation and layout the core reasons for developing the tool. In the second section, the tool is described and the exact methodology is explained. In the final section the authors provide three case studies, demonstrating the tool in action and showing how we are able to measure the cost effectiveness and wider value of a coherent approach to localisation. Three detailed case studies exploring the benefits of localising the oil and gas workforce A rigorous economic rationale for localisation of oil and gas projects. Explores how localisation (and investment in local education, training and talent within that) is at the core of a successful oil and gas business in the 21st century Methods of implementing a strategy to educate and train local people in order to meet the core business needs around individual oil and gas projects

Author: J Denver Smart
Publisher: J. Denver Smart
ISBN: 1483496902
Category : Business & Economics
Languages : en
Pages : 187

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Book Description
Sales and marketing professionals servicing the upstream oil and gas sector want to know their customer, but in an industry so complex, that is not always easy. J. Denver Smart provides a consolidated resource guide of upstream processing, key operations, and business drivers that are relevant to day-to-day operator challenges. It is specifically written to enable upstream product and service providers to identify the unique business value of their solutions. Topics covered include: • the primary market drivers and business parameters that affect the short- and long-term economic viability of upstream operators; • market indicators used to assess current and regional industry trends; • various lifecycle stages of an oilfield and their influence on primary business objectives; and • basic elements, principles, operations, and procedures associated with finding, extracting, and producing oil and gas reserves. The guide represents fifteen years’ experience in targeting and enabling sales and marketing teams globally to drive incremental growth opportunities in the upstream industry. The content structure, root-cause problem profiles, and cause-and-effect summaries support collaborative problem solving, identifying solution value, and the development of engaging content marketing.