Webcasts ///

Drilling Innovations & Technology Forum: Spring 2020

Wednesday, April 22, 2020 10:00 AM

During this 60-minute live webcast, we will discuss the following topics: 1) “Data-Driven Asset Management Framework,” with presenter, Rajesh Bade, Risk Reliability Quality Engineer, Schlumberger. 2) “Improving Well Delivery Efficiency through AI-Powered Scheduling,” with presenter, Owen Plowman, Vice President, Actenum Corporation. 3) “The Adoption of Technology in the Oil and Gas Sector,” with presenters, Adam Gilles, Chief Executive Officer, and Lance Richardson, Chief Operating Officer, Hitched Inc.

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The Value of Managed Pressure Drilling (MPD) for Operators, Drilling Contractors and the Industry

Thursday, March 12, 2020 10:00 AM

This webcast will discuss the commercial and financial benefits available to Operators and Drilling Contractors via Managed Pressure Drilling (MPD). The program will assess the underlying technical benefits and hazard mitigation MPD brings to every drilling operation. We’ll look at real results from land and offshore around the world and consider how new technologies are changing the commercial drilling landscape at an unprecedented pace, along with their impact on tendering and rig rates. MPD brings significant financial benefits to operators, often more than drilling engineers realize, primarily because of historically limited use and academic training. Make no mistake, in today’s market conditions, MPD is the tool to answer Drilling Contractors’ immediate need to commercialize their investment.

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Oil & Gas Forecast 2020

Wednesday, February 26, 2020 10:00 AM

Now in its 94th year, the World Oil Forecast/Review is one of the upstream oil and gas industry's most trusted sources of projections and data relating to global E&P activity. Utilizing data collected from proprietary surveys of governments and operators in the U.S., Canada and worldwide, this definitive industry report includes projections for spending and worldwide drilling and production, plus an analysis of political factors impacting the industry, both domestically and abroad.

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Real-Time Data-Driven Production Optimization

Wednesday, February 19, 2020 10:00 AM

In a data-driven world, a solution to provide a comprehensive overview of asset performance represents an opportunity to optimize production holistically. However, this understanding of complex systems requires the consideration of data from multiple sources in real time. Today, this data is typically scattered across several separate tools and software packages. The second challenge towards real-time data-driven production optimization is the lack of holistic models – meaning a development of a single strong mathematical algorithm, whose simulation is giving results that are based on the whole value chain with all its complexity, multiple interactions and constraints. Siemens’ development of a powerful digital twin model is at the heart of a system of real-time production monitoring and optimization. Using the integration of data, simulation and visualization of the entire value chain – from subsurface equipment to central processing facilities – production can be potentially increased by 5 to 10%.

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