SPE Workshop: Data Enabled Operational Excellence - The Value of Information in Oilfield Operations 16 - 17 May 2017 Hotel Kongress Leoben Leoben, Austria

Operational Excellence is a long-term goal to introduce sustainable changes in culture and operations. Digital Oilfield and Integrated Operations have been started as strategies 15 years ago and are still not implemented mainstream. Will current low oil prices hinder all these long-term goals while quarterly reports are key today? How will data help to get culture change and strategy implemented in a sustainable way? This workshop wants to put new ideas and related lessons learnt on the table to be discussed. The industry is still struggling with proper field data acquisition, integration and quality control – after all these years.

Progress in information technologies has led to more robust and effective solutions for production operations. Real-time monitoring devices are becoming the norm, providing large volumes of data. Nevertheless, many operators still struggle to retrieve value out of these investments. Properly planned data acquisition, data integration, preparation, and enrichment is still an issue due to migrating data to actionable information.