Tuesday, June 16
Wednesday, June 17
The opening panel will discuss how effectively the upstream oil and gas sector is adopting and applying data science. Topics will include overcoming resistance to AI and ML to achieve augmented intelligence and machine-assisted learning, combining data science and physical science to harness the best of both, and merging proprietary business data with third-party data streams to derive real, actionable insights.
Data science practitioners report that over 80% of their effort is spent finding and preparing the data before real value can be extracted. In this session we will discuss formulating problem statements and hypotheses, preparing, digitizing, and cleaning data, quantifying variables, classifying events, and using non-traditional data types in innovative ways.
This session will focus on the impact of culture, people, and skill sets on the successful application of data science in our industry. How do we drive innovation, adopt new techniques and implement new processes through leadership, novel organizational designs, and new approaches to collaborating and executing data science initiatives?
The first session on increasing operational efficiency will focus on field and well site applications, including those related to the drilling, completion, and stimulation of wells.
Thursday, June 18
This session will focus on the application of data science to describing the subsurface, identifying prospects, boosting exploration success rates, and optimizing the placement and sequencing of wells to reduce development cost and maximize hydrocarbon recovery.
In this session we will discuss state of the art approaches to predicting, analyzing, and optimizing well and production system performance based on IIOT, artificial intelligence, and machine learning, and how they have incorporated them into their business plan.
In the second session on increasing operational efficiency, we will discuss how data science is transforming supply chain management, logistics, maintenance scheduling, and activity planning across the entire upstream and midstream complex.
During the first day, participants will be invited to propose and vote on topics to be discussed by [four] breakout groups. Attendees will then be invited to join the round-table session of their choice.
Friday, June 19
Digital skeptics beware! This session will showcase examples of futuristic data-driven technologies that are already in use, including the creation of digital twins to enable fully computer-based scenario testing and case studies demonstrating real value from the Industrial Internet of Things (IIoT).