Agenda
Monday, May 17
The future business environment for oil and gas will be impacted by multiple uncertainties. These uncertainties include the
- perception of a dirty/outdated industry
- strategies for many oil companies to deliver carbon neutral profitably by 2050
- demands by investors for increased environmental, social, and corporate governance (ESG).
Participant representation from upstream disciplines which include subsurface, drilling, completion, and production, combined with non-oil and gas new technology experts will answer the challenge - how can the effective adoption of well construction technologies advance asset value?
Tuesday, May 18
Well construction is a complex process, a true system of systems orchestration. Systems within are composed of subsystems which are each a system of systems in their own right. All must execute towards individual targets, collaborate on shared objectives, and ultimately achieve holistic well construction goals. The era of digitalization and automation has promised progress, modernization, and step changes in performance. This discussion will include these questions
- What levels and at what costs?
- Where are the gaps to be filled, the inefficiencies, the barriers to progress?
- Where is the value, who stands to benefit, and ultimately how should improvements to the well construction system of systems (SoS) be managed?
Wednesday, May 19
Digitalization of well construction is moving forward at a swift and increasing pace, often surpassing efforts in other industries. The well construction industry is a multi-company environment with communication barriers and proprietary solutions. Digital systems and technologies extend from the bottom of the wellbore to corporate financial and planning systems. The data collection, transmission, and consumption processes involve many challenges, including latency, proprietary technologies, and intermittent communications. This climate leads to data that is suspect, misplaced, and ignored. In this session, the following questions and more will be raised.
- Can this complex and challenging environment of digital components in well construction develop the means to work together for maximum benefit?
- What are the challenges and benefits of interoperability, digital communications, and data sharing?
Thursday, May 20
Driving operational excellence to the next level will allow significant savings in well construction while ensuring safe, efficient operations and increased production. Our industry demands fundamental change in a variety of areas. Implementing technology in isolation is a thing of the past. Technology, if effectively integrated effectively, can enable cross-domain sustainable workflows. This session will explore novel processes and techniques that can enable achieving operational excellence. Understanding roadblocks and pitfalls to adoption and the best ways to leverage technology to enable future collaboration through holistic integration will be an overarching theme.
Monday, May 24
Technology is everywhere. We have digital tools, software, machines, and devices, but the common denominator is people. People manage technology and people use technology to do their work. This session explores how people find, choose, and adapt solutions to meet well delivery goals. Industry discussion leaders will explore case studies and probe the roles of people in successful business outcomes to project what you may do in the future.
Tuesday, May 25
Value is a term whose definition changes based on the person or company’s perspective. What we do know is that all our economics and economic drivers continue to change. This fact leads us to examine how we approach well construction. These changes will require greater clarity on the value of choices we make; choices in well design, organizational structure, technology selection and development, and ultimately how we measure the value of a well. This session will focus on value-based options and changing how we think about workflows within our companies and the supply chain. In terms of well construction and time to the first production
- do optimization goals within organizational team/units detract from the value of the well?
- can accelerating well construction time result in a lower value for the pad or field as a whole?
- what would a value-based approach to well design and technology look like?
- how can your organization minimize or eliminate functional silos, such as drilling versus completions versus geology and geophysics (G&G)?
Wednesday, May 26
The push to improve consistency, efficiency, and safety while reducing environmental impact for both onshore and offshore well construction operations continues to grow. Technology and automation are helping to make advances in these areas, but many industry-specific and global challenges remain. This session will debate new and novel means (including from outside oil and gas) that can be acceptably deployed to drive maximum improvements from technology and automation in a challenging world of low oil prices.
Thursday, May 27
Identifying the future key technologies/automation applications and mapping implementation against a timeline is a high-value proposition. Findings from throughout the Forum will be gathered, debated, and mapped into a profile to visually communicate the future outlook. Themes will be identified to coalesce various technology developments into logical groupings that have the capability to meet the objectives of low cost, high value socially acceptable outcomes in a challenging world.