New projects and mature fields alike face the challenge of maintaining recovery rates with reasonable capital and operational efforts. This is in today’s upstream world, where business and natural environment get harsher and human knowledge scarce, more of a survival and competitive advantage factor than ever.
The presentation handles an innovative approach for Integrated Planning, where human knowledge got captured and improved, activities previously performed by humans in many domains and sites got integrated and automated and uncertainties inherent to complex projects and operations controlled. The approach assumes management buy in, staff mobilization, the review of business processes and organization and contractors’ integration, all under the intensive application of software analytics.
Referencing business cases, the presentation will share the benefits on production, asset life, costs and productivity, achievable with this new approach.