it solutions deliver oil & gas business value
DESCRIPTION
IT Solutions Deliver Oil & Gas Business Value. Yogi Schulz Biography. Partner in Corvelle Consulting Information technology related management consulting Microsoft Canada columnist & CBC Radio host PPDM Association board member Industry presenter: Project World - 4 years - PowerPoint PPT PresentationTRANSCRIPT
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Corvelle Drives Concepts to Completion
IT SolutionsDeliver Oil & Gas
Business Value
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Corvelle Drives Concepts to Completion
Yogi SchulzBiography
Partner in Corvelle Consulting Information technology related management consulting Microsoft Canada columnist & CBC Radio host PPDM Association board member Industry presenter:
– Project World - 4 years– CIPS Informatics - 7 years– PMI - Information Systems SIG - 2 years– Convergence - 4 years– PPDM Association - several years
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PresentationOutline
• Presentation objectives• Oil & gas business trends• IT solutions• Conclusions• Recommendations• Questions & Answers
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PresentationObjectives
• Recognize business trends that are influencing the oil & gas business
• Appreciate the business pressures that oil & gas executives are responding to
• Describe IT solutions for the business trends
Presentation intended to spark ideas
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Squandering OurOil & Gas Resources
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Oil & Gas Business Trends
• Asset mix/Optimization• Shareholder return• Oil & Natural gas price• Technology• Workforce demographics• Globalization• Environment
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Asset MixOptimization
• Trend Description:– Depletion of onshore & conventional reserves– NOC ownership of reserves
• Business Responses:– Focus on deep water basins– Shift to unconventional reserves– Grow through acquisition– Divest non-core assets– Manage risk formally
Offshore
SAGD
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Asset MixOptimization
Acquisitions for growth
Deep water basins
Unconventional reserves
Business Response
Remote operations
Engineering application portfolio
Faster, cheaper asset integration
Formal risk management Risk management tools
IT Solution
Non-core asset divestiture
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Acquisition/divestiture modeling
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Asset MixOptimization
I hope they’re
NOT lookingfor oil!
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Shareholder Return
• Trend Description:– High return expectations– Increasing focus on compliance
• Business Responses:– Increase returns– Reduce costs– Reduce capital requirements– Improve reporting processes– Improve marketing
TSE
NYSE
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ShareholderReturn
Capital requirements
Rate of return
Cost reduction
Key performance indicators
CAPEX & OPEX reporting
Design, procurement, logistics
Data gathering/reporting Financial & reserves reporting
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Marketing & communication Web presence & visualization
Business Response IT Solution
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ShareholderReturn
WWhy can’t somebody do somethingabout these high gas prices?
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Oil & Natural Gas Price
• Trend Description:– Uncertainty/volatility– OPEC control– Increasing demand
• Business Responses:– Operate hedging– Manage trading risk– Operate storage– Review strategic plan
$13.00
$1.00
$4.00
$140.00
$40.00
$70.00
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Oil & Natural Gas Price
Storage
Hedging
Trading risk management
Financial transaction management
Risk and contract management
Storage/ inventory management
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Strategic plan review Scenario planning
Business Response IT Solution
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Oil & Natural Gas Price
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Technology
• Trend Description:– Better materials, machining– Richer application software
• Business Responses:– Rationalize supply chain– Employ visualization– Drill directionally– Operate smart oilfields– Enhance seismic interpretation
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Technology
Immersive visualization
Directional drilling
Supply chain rationalization
Sub-surface modeling systems
Procurement, materials management
3-D visualization, collaboration
Smart oilfields Remote sensing, telecommunication
Seismic interpretation Improved software
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Business Response IT Solution
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Technology
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Workforce Demographics
• Trend Description:– Aging workforce– Shrinking workforce– Changing demographics
• Business Responses:– Manage knowledge– Outsource– Collaborate– Revise work arrangements– Form new alliances
Engineering
Exploration
Marketing
ITLand
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Workforce Demographics
Collaboration
Knowledge management
Outsourcing
Knowledge management, metadata
Supplier performance management
Collaboration facilities, tools
New work arrangements Citrix, VPN, ECM, mobile
New relationships/alliances Extend network, remote access
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Business Response IT Solution
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WorkforceDemographics
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Globalization
• Trend Description:– Asian development & expansion– Former Soviet Union development– Government activism– Corporate citizenship expectations
• Business Responses:– Form new ventures/alliances– Enhance communication/lobbying– Understand different cultures– Operate in multiple centers
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Globalization
Cross cultural understanding
New ventures/alliances
Communication/lobbying
Wide area network, remote access
Global connectivity
Multi-lingual applications, support
Multiple operation centers Distributed operations
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Business Response IT Solution
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Globalization
Stealing natural gasStealing oil
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Environment
• Trend Description:– Maritime law– Health, safety, environment– Disposal of inactive facilities– Increasing litigation
• Business Responses:– Emphasize HSE– Research alternative fuels– Reduce footprint– Communicate/lobby
Over 400 inNorth Sea
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Exxon Valdez
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Environment
Reduced footprint operations
HSE attention/investment
Alternative fuels
Incident tracking, e-learning
Simulation, modeling
Engineering design tools
Communication/lobbying Web communication/design
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Business Response IT Solution
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Environment
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Conclusions
Oil & gas business trends:– Asset Mix Optimization– Shareholder Return– Oil & Natural Gas Price– Technology– Workforce Demographics– Globalization– Environment
Information Technology is central to
meeting the challenge
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Recommendations
• Respond to oil & gas business trends with IT solutions
• Maintain awareness of leading IT practices employed by others
• Leverage IT capabilities to:– Improve operational effectiveness– Support business strategy
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DiscussionAnd now Henderson from ITwill introduce his 25-part plan
for more spontaneity
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IT Solutions Deliver Oil & GasBusiness Value
Corvelle Consulting300, 400 - 5 Ave. S. W.Calgary, Alberta T2P 0L6Phone: (403) 249-5255E-mail: [email protected]: www.corvelle.com
Yogi SchulzPartner of Corvelle ConsultingInformation technology related
management consultingMicrosoft Canada columnist & CBC
Radio hostIndustry presenterPPDM Association board member
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Management Expectationsof IT
• Operate a high-availability computing environment• Operate rich application functionality• Lead the way to high data quality• Offer superior client support services• Promote the value of IT in the business planning
process• Lead the systems delivery process with proven
methods
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IT Management Point of ViewPast & Future
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IT's biggest money wasters
Excessive software licensing The e-mail monster IT projects gone wild Excess bandwidth Gold-plated service-level agreements Too much paper usage
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Six IT Technologies for 2011Technology Description/ Definition
Mobile applications Both custom development and use of commercial mobile applications
Simple, low cost or free business analytics tools
Use of SQL servers, MS office tools, or free Web analysis tools
Cloud computing Software as a Service (SaaS)Infrastructure as a Service (IaaS)Platform as a Service (PaaS)
Virtual desktop infrastructure (VDI)
Includes virtualization of desktops using thin clients or existing low-power PCs, laptops, or home devices
Enterprise content management (ECM)
Includes simple solutions such as SharePoint and more comprehensive solutions
Social media A social media policy for ITIntegration of social plugs-ins and APIs in custom and COTS enterprise applications
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Bogus Trends
Dave Webb: The opinion leaders I care about aren't
wasting their time on Facebook I don't want to sound like a crank, but I hope
that 2011 is the year that people realize that Facebook is entirely irrelevant to their lives
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Renewable EnergyAlternatives
Good for you, RatAustralians are pioneersin energy alternativeslike solar and wind . . .
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New Technologiesfor 2011
Consumerization of IT:– Staff are now often ahead of the organization in
their familiarity with technology External cloud:
– The external cloud creates an opportunity for the organization but challenges IT’s traditional role
Remote and mobile workers:– Organizations are experiencing a reduction in the
number of employees who work exclusively from the office
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Bibliography- 1
• Accsys Corp. – Knowledge Management– www.accsys-corp.com/Who_Are_We/Knowledge_Management/knowledge_management.html
• Alberta oil & gas - Business Plan 2003-06– www.finance.gov.ab.ca/publications/budget/budget2003/energy.html
• The beauty of data visualization - David McCandless– http://www.ted.com/talks/david_mccandless_the_beauty_of_data_visualization.html?
ga_source=embed&ga_medium=embed&ga_campaign=embed• Can Oil Giants and Green oil & gas Mix?
– Business Week Oct 02, 2002– www.geni.org/globalenergy/library/media_coverage/business-week-online/can-oil-giants-and-green-energy-mix.shtml
• Characteristics and Possible Impacts of a Restructured OCS Oil and Gas Industry in the Gulf of Mexico – MMS– www.mms.gov/itd/abstracts/95-0055a.html– www.mms.gov/eppd/socecon/gom-issues.htm
• CIOs in 2011: The IT roles and strategies in high demand– CIO Magazine, 03 Jan 2011– http://www.itworldcanada.com/news/cios-in-2011-the-it-roles-and-strategies-in-high-demand/142215?
sub=108297&utm_source=108297&utm_medium=leadership&utm_campaign=enews• CIO priorities: What must we do better in 2011
– Silicon.com, Mark Samuels, 13 January 2011– http://www.silicon.com/management/cio-insights/2011/01/13/cio-priorities-what-must-we-do-better-in-2011-39746806/2/
• The Competitive Challenges – Kenneth T. Derr, Chairman of the Board and Chief Executive Officer, Chevron Corporation– San Francisco, California, September 6, 1996– www.chevrontexaco.com/news/archive/chevron_speech/1996/96-9-06.asp
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Bibliography- 2
• Developing Human Resources for the Future Oil & Gas Industry – www.slb.com/press/inside/print_article.cfm?ArticleID=194
• The Digital future of Oil and Gas in a Life Cycle Perspective– www.teknologiforlaget.no/ files/digital_future_-_dnv_software.pdf
• Editors on the Future of oil & gas - Online Forum: Sept. 21, 2004– msnbc.msn.com/id/6064719/site/newsweek/
• Eight Wrong Ways To Think About The Future Of Energy– By: Nikiforuk, Andrew, Canadian Business, 00083100, 1/17/2005, Vol. 78, Issue 2
• Employment Trends in Oil & Gas Extraction– www.eia.doe.gov/oiaf/issues/oil_gas.html
• The Environment for Future Business - Efficiency will win– Jesse H. Ausubel– phe.rockefeller.edu/future_business/
• Environmental Trends– www.dpi.qld.gov.au/extra/pdf/business/1envrn.pdf
• Expect a hot polluted future, says EU forecast– By: Pearce, Fred, New Scientist; 5/24/2003, Vol. 178 Issue 2396, p8, 3/4p, 1c
• ExxonMobil Investment Approach– www.exxonmobil.com/corporate/Newsroom/Publications/eTrendsSite/chapter2.asp
• ExxonMobil Releases Study on oil & gas Trends, Greenhouse Gas Emissions and Alternative Energy– www.scandoil.com/moxie/news/company_news/exxonmobil-releases-study.shtml– www.peakoil.net/Publications/20040201ExxonMobil.pdf
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Bibliography- 3
• Future Natural Gas Supplies & the Ultra-Deepwater Gulf of Mexico – 12 March 2003– www.energypulse.net/centers/article/article_display.cfm?a_id=232
• The Future of the oil & gas Industry– www.globalchange.com/ppt2/energyforum5/– www.globalchange.com/ppt/exxonmobil3/
• Future roles of business in society: the expanding boundaries of corporate responsibility and a compelling case for partnership
– www.wbcsd.ch/plugins/DocSearch/details.asp?type=DocDet&ObjectId=MTMzNjY• Future of the Oil & Gas industry: Past Approaches, New Challenges
– Harry J. Longwell, Director and Executive Vice President, ExxonMobil Corporation– www.worldenergysource.com/articles/pdf/longwell_WE_v5n3.pdf
• Gas Demand & Supply Overview: Getting Past The Near Term Difficulties– www.seniorscientist.org/SSEPres1/
• Hubbert Peak of Oil Production– www.hubbertpeak.com
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Bibliography- 4
• Information Technology in the Oil and Gas Industry in Latin America– By Jorge Grinpelc and Richard Siegfried, PricewaterhouseCoopers, SOACAT– www.pwcglobal.com/gx/eng/about/ind/energy/itog.pdf
• IT Business Trends 2010– en.sap.info/smart-grid-enterprise-cloud-mobile-app-2/21376
• IT trends putting oil companies on the road to maximized values– April 11, 2003, Pradeep Anand– houston.bizjournals.com/houston/stories/2003/04/14/focus4.html
• Large offshore platform packs up– http://www.cowi.dk/news/UK/2003/Oktober2003/
Stor_produktionsplatform_skal_skrottes_uk.asp?COWIframe=OK• Long Lake bitumen project
– www.longlake.ca/default.asp• Looking at Our oil & gas Future
– by Russell Felton– www.imperialoil.ca/Canada-English/thisis/publications/2004Q1/pages/energyFuture.html
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Bibliography- 5
• Managing Risk in an Uncertain World– www.globalchange.com/ppt/risk/
• New Old Econmy Challenges Scarcity Assumption – www.futurist.com/futuristnews/archive/archive__new_old_economy.htm
• The Oil Sands Story – www.oilsandsdiscovery.com
• Oil & Gas Forecast: This Year and Through 2025– By Katrina C. Arabe– news.thomasnet.com/IMT/archives/2004/06/oil_gas_forecas.html
• Oil And Gas Industry - Strategies For Profitable Growth – SAP– www.sap.com/industries/oil-gas/pdf/BWP_Strategies_Growth_Oil_Gas.pdf
• Oil & gas photo gallery– www.canadian-wellsite.com/ Gallery/gallery.htm
• The Oil Patch gets Slippery– BusinessWeek, 28 February 2005, p. 52
• Oil Price History and Analysis– www.wtrg.com/prices.htm
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Bibliography- 6
• Peak Oil: an Outlook on Crude Oil Depletion– By C.J.Campbell - Revised February 2002– www.mbendi.co.za/indy/oilg/p0070.htm
• Petroleum Industry Perspective briefing - IHS Energy• Risky business - trends and issues in the geophysical business
– Mark Klingbeil - Vigorex Consulting Ltd.– www.cseg.ca/conferences/2002/2002abstracts/Klingbeil_M_Risky_Business_BUS-1.pdf
• Seven factors that drive today’s gas shale business– webcache.googleusercontent.com/search?q=cache:http://warlickenergy.info/oil-gas-
articles/seven-factors-that-drive-todays-gas-shale-business/ • The slumbering giants awake - oil & gas companies will never be the same again
– Feb 8th 2001 - The Economist– www.economist.com/surveys/displayStory.cfm?Story_id=497418
• Statement On New World Trends And The Future Of Oil & Energy– www.hazelhenderson.com/recentPapers/finalVancouverStatement.html
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Bibliography- 7
• Trends Driving Advancements In High-Performance Computing, Visualization– www.sgi.com/pdfs/3303.pdf
• UKOOA - Meeting the Challenge - Investment Intentions– www.ukooa.co.uk/issues/economic/econ01/econ01_challenge.htm
• Understanding the strategic value of IT in M&A– Hugo Sarrazin and Andy West , McKinsey Quarterly, January 2011– http://www.mckinseyquarterly.com/Corporate_Finance/M_A/
Understanding_the_strategic_value_of_IT_in_MA_2709?gp=1• Visualizing the Future: The Upstream Industry Unleashed by Technology
– September 2004 - CSEG RECORDER– www-1.ibm.com/industries/cpe/download0/22030/chemical_visualizing.pdf– www-1.ibm.com/industries/cpe/download8/19589/chem_petro_emerg_technol_1.pdf
• What oil & gas Industry Trends will Affect Your Business?– July 21st, 2010 - oil & gas Business Daily– energybusinessdaily.com/power/what-energy-industry-trends-will-affect-your-business/
• Why The CIO Role Is Under Fire– Nov. 22 2010 - Forbes– http://blogs.forbes.com/ciocentral/2010/11/22/why-the-cio-role-is-under-fire/?boxes=techchanneltopstories
• You can't tell the players without a scorecard– By: Ryser, Jeffrey; Mullen, Theo, Platts oil & gas Business & Technology, 1540367X, Sep2003, Vol. 5, Issue 7
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Information Technologyis Enabling Technology
• High availability computing infrastructure
• Rich application portfolio
• High quality data• Superior support services• Low cost
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IT Alignment with the BusinessPoor Alignment
• “I can’t login”• “My PC crashes”• “The applications I need
aren’t available”• “The data I need is poor”• “IT never gets it right”
• Unhappy customers• Severe, even ridiculous, cost
pressure• Little or no investment • Inappropriate/excessive
outsourcing
Descriptions Consequences
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IT Alignment with the BusinessGood Alignment
• “Computing is available when I need it”
• “I can access the applications I need”
• “IT is helping me to improve my data”
• “I understand my role in the systems delivery process”
• Happy customers• Reasonable cost
expectations• Willingness to make
investments• Little outsourcing
Good IT Alignmentis difficult to maintain
Descriptions Consequences
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IT Trends
Cloud computing High-availability IT services Mobile workforce Consumer technology usage in corporate setting Collaboration – Virtual workforce/teams Social computing Compliance Cyber security Staffing issues
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Terrific Future for Oil & Gas
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US Importsare good for Canada
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Terrific Future for Oil & GasUSA Imports Heading Up