Jan. 18, 2012


Description

The primary conclusions from this paper include the following key points:
 
The oil and gas industry is still trying to resolve the issues surrounding the widespread adoption of Intelligent-Energy solutions. One such issue is the misalignment of corporate goals and individual motivators.
Factors inhibiting the adoption of IE solutions include the workforce's reluctance to change, the principles of Maslow's Hierarchy, and the 10,000-Hour Rule. Industry-wide circumstances, such as data overload (as illustrated by Miller's Magical Number 7 concept) and the need to minimize operational risk, are driving the need to adopt IE practices. Ultimately, widespread adoption of IE principles is highly dependent on acceptance by the individual.
 
Transformation requires change, and change threatens the status quo. Maslow's work tells us that change will be deeply resisted by the Hierarchical Cultures defined by Cameron and Quinn (2005).
People (as manifested and represented by their culture) are a major factor in our industry's slow pace of change and limited adoption of Intelligent-Energy principles.
Successful adoption of Intelligent-Energy principles will only be mastered with an extended period of deliberate practice, which means learning through many cycles of trial and error.
The Magical Number 7 (now reduced to 3) suggests a limitation on the type and number of issues that can be processed/handled in short-term working memory. This means that as long as the industry relies on individuals to oversee and monitor more than 3 critical aspects of an operation without appropriate decision support systems, an element of excessive operational risk will be present.

Featured Speakers

Speaker Mark Lochmann
Global Business Development Manager - Production Halliburton Mark Lochmann is the Global Business Development Manager for Halliburton’s Landmark Software and Services business. In this role, he is responsible for promoting Landmark's production business globally. Previously at Landmark he oversaw the research and development of reservoir and production solutions and worked …

Global Business Development Manager - Production
Halliburton


Mark Lochmann is the Global Business Development Manager for Halliburton’s Landmark Software and Services business. In this role, he is responsible for promoting Landmark's production business globally. Previously at Landmark he oversaw the research and development of reservoir and production solutions and worked with Halliburton’s other business divisions and customers to establish reservoir and production strategy.Mr. Lochmann joined Landmark in May 2006. Prior to that, he was the General Manager of Oil & Gas Upstream Business at Aspen Technology, where he was responsible for the strategy and adaptation of Aspen’s process simulation suite of tools for the upstream market.


 


Mr. Lochmann has also served as Chief Operating Officer at Production Access, Global Business Development Manager at Schlumberger GeoQuest, Executive Vice President at Dwights Energydata and as Director of Marketing for Pengo Industries.In his 36-year career in the oil & gas industry, he has founded a small consulting company to deliver services around a log interpretation patent; has served as a staff reservoir engineer at Harken Oil & Gas and started his career at Dresser Atlas progressing to general field engineer and log analyst.Mr. Lochmann was educated at the U. S. Coast Guard Academy and the University of Missouri-Rolla. He is a member of the Society of Petroleum Engineers and the Society of Petrophysicists and Well Log Analysts.

Full Description



Organizer

Carol Piovesan


Date and Time

Wed, Jan. 18, 2012

11:30 a.m. - 5:30 p.m.
(GMT-0500) US/Central

Event has ended

Location

Courtyard on St James

1885 Saint James Pl
Houston, Texas 77056
USA