DESG: Integration Lets You See What You’ve Been Missing

Speaker Mark Lochmann
Before retiring in March 2014, Mark Lochmann was the Global Portfolio Manager, Production for Landmark in Houston, Texas.  Previously while at Landmark, Mark held the positions of R&D Director for Reservoir, Production and Economics and Global Business Development Manager – Production.  He joined Landmark in May 2006. In his 39-year ...

Before retiring in March 2014, Mark Lochmann was the Global Portfolio Manager, Production for Landmark in Houston, Texas.  Previously while at Landmark, Mark held the positions of R&D Director for Reservoir, Production and Economics and Global Business Development Manager – Production.  He joined Landmark in May 2006.


In his 39-year career in the oil & gas industry, Mark has led teams that built the industry’s first PC-based economics, nodal and ESP applications and the first production integration platform.  During his career he has been responsible for continuously expanding integrated solutions for production and operations at Aspen Technology, Production Access, Schlumberger and at what is now IHS Energy.  Positions included Chief Operating Officer, Executive Vice President, Director of Marketing and Global Business Development Manager as well as serving as a board level director. He started his career as a general field engineer and log analyst.


Mr. Lochmann was educated at the U. S. Coast Guard Academy and Missouri University of Science and Technology. He is a member of the Society of Petroleum Engineers and the Society of Petrophysicists and Well Log Analysts. 

Full Description

Are you getting the whole picture?

Pic1.png

Maybe not!!

Pic2.png

Integration lets you see what you’ve been missing.

It’s obvious from the picture that it is important to get all the information before you decide what to do.  As E&P capex continues to rise, and the pace of drilling and production increases, Oil and Gas Operators are pushing harder than ever to achieve maximum performance from their assets.

When data and applications are truly integrated, barriers are broken down allowing critical information to flow freely throughout an organization. The implications and consequences of alarms and warnings that happen in other areas of the business are available to everyone in relevant time. Users no longer spend most of their time looking for information. Teamwork and collaboration become routine and all of the information, models and tools in an organization can be put to work whenever they are needed.

Missing Information Creates Operational Blind Spots

Blind spots are issues you can’t see or predict because your information systems lack transparency.  Managers often are forced to make decisions with flawed or incomplete information created by blind spots, and more importantly, often don't know that this is the case.  As the volume of information grows, it becomes impossible for an individual to understand the relationships between all of the dependent and independent variables.  People simply cannot handle this load.  Computers, however, can easily process this kind of information.

The best way of avoiding operational blind spots is to leverage systems and foster a culture that promotes the free flow of operational information from the lowest to the highest levels within an organization.  Below are some of the information issues affecting production operations that must be handled in order to meet E&P expectations:

  • Increasing amounts of information
  • Multiple sources of information and information ownership
  • Operational complexity and integration of information across boundaries
  • Increasing time-criticality of information
  • Poor processes
  • Conflicting priorities for information use

The more of these issues that go unaddressed, the more blind spots you encounter.

In our presentation, we will address how to improve your business agility, reduce operational risk, free valuable professional time, and increase your probability of success.

  • Integrate operational information and applications
  • Automate workflows and reporting
  • Align information granularity with organizational roles and responsibilities
  • Capture and retains best practices
  • Identify critical issues for immediate action
  • Expand resource capabilities by freeing staff time for high value tasks such as analysis and decision making 
Organizer Rick Morneau

<p>RickMorneau@outlook.com -- Phone: Cell +1-281-315-9395 

When?

Wed, Sep. 17, 2014
11:30 a.m. - 1:15 p.m. US/Central

How Much?

A $5 donation for the SPE-GCS Scholarship Fund has automatically been added to the registration fee. Use OptOut in the Discount Code field if you do not wish to donate at this time.
Event has ended

Where?

Norris Center - Westchase
9990 Richmond Avenue - Suite 102
Houston, Texas 77042
United States

Refund Policy: You must notify the SPE-GCS office of your intent to cancel at least 24 hours prior to the event date to receive a refund. For all refund inquiries, email spe-gcs@spe.org. View our Terms & Conditions for more information.