March 20, 2013


Description

With the introduction of newly-developed production technologies to extract oil and natural gas from previously difficult or inaccessible sources, many oil and gas companies have chosen to tap the potential of onshore gas divisions to positively affect their bottom line. These assets may drill thousands of wells
per year.  The challenge of planning and tracking numerous wells increases daily as companies leverage new technologies and strive to manage costs.

Key Challenges:

  • How to manage enormous volumes of data?
  • How to deliver wells more quickly and more efficiently?
  • How to exchange data across disciplines, applications and assets?
  • How to cope with Excel hell?

Let’s review a case study involving a major oil company that undertook an audit revealing one gas asset was using more than 100,000 spreadsheets and 500 databases to manage well data with manual intervention still required to take well data through to the geologic and reservoir models.

Each onshore gas asset managed planned wells with somewhat different processes and tools. In response, the company launched an initiative to define an onshore gas roadmap for new standard solutions. The initial would offer a collaborative environment that allowed each asset to learn and improve from other assets and to streamline business processes in the overall well delivery process.


Featured Speakers

Speaker Teresa Parks, Wipro Technologies
Teresa Parks, Wipro Technologies is the Americas and Solutions Lead for the Drilling, Completion & Wells consulting practice in Wipro Technologies’ energy vertical.  Teresa is also the Solution Lead for Well Delivery and Well Integrity Management focusing on delivering business value while partnering with the business to understand challenges, processes …

Teresa Parks, Wipro Technologies is the Americas and Solutions Lead for the Drilling, Completion & Wells consulting practice in Wipro Technologies’ energy vertical.  Teresa is also the Solution Lead for Well Delivery and Well Integrity Management focusing on delivering business value while partnering with the business to understand challenges, processes and context to apply the appropriate solutions.  She has 15+
years of Information Technology experience within the Oil & Gas, Telecom and IT Service sectors.   Her experience includes IT Project Management and Business Analysis for E & P projects.  Teresa is a graduate of UT Arlington with a B.S. in Management Information Systems.  She grew up in the Dallas / Fort Worth Metroplex.  She has additionally lived in Wyoming and Alaska.  She now resides with her family just outside
of Houston in Katy, Texas.

Full Description



Organizer

Amy Timmons, Weatherford


Date and Time

Wed, March 20, 2013

11:30 a.m. - 1 p.m.
(GMT-0500) America/Chicago

Event has ended

Location

Greenspoint Club

16925 Northchase Dr.
Houston, Texas 77060



Group(s): Drilling