Are You Ready for Cloud Control?

Gonzalo Merchan
The worldwide demand for energy, increased competition for capital, and an aging infrastructure, are driving companies in the Energy, Utilities and Natural Resources sectors to search for ways to better manage complex construction projects, boost production, and increase the safety and profitability of refineries, mines, power plants and utility networks.
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But managing large volumes of engineering-related content throughout the business life cycle – from exploration and production to facility operation and decommissioning – can create unintentional delays in project completion, and increases costs and risks. An often overlooked aspect of improving the management of engineering projects, plants and facilities, is better content management. Companies that truly want to impact the bottom line need to consider how better content management using industry-specific tools and templates can reduce risk, improve productivity, eliminate costs, and facilitate regulatory compliance. Continue reading

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Technology and Business Alignment in E&P

Tim Voyt

One of the best parts of my job is that I get to work with E&P customers and partners in who are working to solve really interesting business challenges. What’s even more interesting to me is that more and more of these business challenges have an information technology component that will positively or negatively impact the overall efficiency and effectiveness of the ultimate solution. The intersection and (more often than not) inter-dependence of technology within business operations provides fertile ground for technology companies such as EMC to engage with our clients in line of business discussions rather than just traditional IT dialogues. As such, our customers and partners are looking to EMC to take an active role in innovative research and development projects that incorporate business workflows, process improvement efforts, application development, underlying infrastructure stacks, and data themes. It is good to see IT professionals having a “seat at the table” and being able to contribute real value when it comes to solving business challenges. The realization that IT can help create a business advantage rather than Continue reading

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What Will Utilities Do With Massive Volumes of New Data?

Daniel Pearl
“The Future belongs to the companies who figure out how to collect and use data successfully.”
~ An O’Reilly Radar Report: What is Data Science?

The analytics market is enormous; it is estimated at around $70 billion today, growing at an astounding 14-20% per year.1  And everyone’s getting in, from the technology heavyweights to the warehousing specialists to the visualization tool vendors to industry-specific companies across all sectors.

The utility industry is no different. Energy Central’s Utility Analytics Institute forecasts that utilities worldwide will spend over $2 billion2 and Pike Research forecasts over $4 billion annually on analytics by 2015, with a 65% compound annual growth rate (CAGR) from 2010.3

Why? Continue reading

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Private Cloud for Upstream Oil and Gas – Realizing the PetroCloud

Larry Kaufman
It’s hard to believe that just 25 years ago seismic interpretation was a manual process.  Rather than workstations, provisioning a geoscientist meant providing a solid drafting table, good light, plenty of colored pencils, and paper weights. The process of developing a prospect could take months or even years.  The advent of computer-based systems was a boon to the industry and has drastically reduced workflow times and the risk of drilling dry holes.  The infrastructure evolved from a large, expensive turnkey system shared by many geoscientists, to large, isolated, individual workstations.  For data backup, disk was expensive and tape ubiquitous.

The client/server model coupled with shared storage decreased costs, reduced the use of tape, and streamlined access to data.  Thin client technology, which puts minimal hardware on the desktop and relies on the computing power of the server, was yet another innovation used to reduce costs.  One could argue that today we have come back to thick clients with “fat” (large memory, multiple CPUs) Windows and Linux based workstation applications.

A new IT revolution is upon us – the shift towards cloud computing. The private cloud, deployed on Continue reading

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Energy & Engineering Day at Momentum Europe 2011

Gonzalo Merchan
On November 1st, EMC will be hosting an Energy & Engineering Day at Momentum Europe 2011 in Berlin.

For Momentum Energy & Engineering attendees, EMC has scheduled a full day agenda highlighting how EMC and Partners are transforming information management to optimize critical business processes, improve engineering and construction projects and  ensure Environmental, Health and Safety (EHS) compliance.

The agenda includes:

  • An Energy & Engineering Annual Roundtable, facilitated by Roberta Bigliani, Research Director IDC Energy Insights for EMEA. This roundtable is intended to provide attendees with an opportunity to share best practices, review current market trends, become part of EMC’s Energy & Engineering community and influence the IIG Solution development roadmap.
  • Customer presentations including how Saudi Aramco is addressing structured and unstructured Information management by implementation of Digital Oil Field solutions and best practices for Exploration & Production. Also, Saipem S.p.A. sharing how they are addressing common business challenges to provide a simple, flexible, yet standardized document archiving and management model for all enterprise business units
  • Demonstrations and presentations from key EMC IIG Energy and engineering Partners that are developing complementary solutions running on the EMC IIG platform

There will also be Continue reading

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Spills, Meltdowns and Environmental Remediation: The ROI of Being Prepared when Litigation Strikes

Heidi Maher, Esq.
IQPC’s well organized and well attended eDiscovery for Oil and Gas Seminar is September 26-27 in Houston.  Thought leaders from, among others, Hess, Anadarko, BP, TransCanada and Valero, will be on hand to speak to the unique and not so unique eDiscovery challenges facing the Oil and Gas sector.  Recent record profits and catastrophic events have put the industry in the spotlight not just for lawsuits but also government investigations and regulatory oversight.

Organizations already have difficulties responding in a timely and cost efficient manner to eDiscovery requests.  The industry being inherently global in nature has the added challenge of determining how best to bring information back from certain countries. Many foreign countries, especially those in the European Union have blocking statutes and other privacy laws that prohibit the transfer of data to the United States. The topic I am speaking about is Continue reading

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Minimizing risk with a sound Records Management strategy

Gonzalo Merchan
When I was first asked to write for EMC Energy, it didn’t take me too long to figure out what I wanted to author. Of all the topics related to enterprise content management (ECM), the first thing that came to mind was what seems to be a hot topic these days in the energy sector: records management.

Due in part to recent catastrophic events, the Energy sector, Oil & Gas and Utilities, is facing unprecedented scrutiny and a major increases in the scope and number of regulations in the Environmental, Health and Safety (EHS) areas.  These new regulations will affect how companies manage the content across their entire value chain. An additional complexity that Energy companies must deal with is Continue reading

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Does Technology Help You Keep Up With Your Workload?

Peter Hodge
My cohorts and I are off to SEG next week to meet with customers, partners, friends and colleagues.  We will hear and tell lots of stories during our visits.  Whether at the conference, the exhibit floor, over lunch or drinks, when conversation turns to reminiscing about how it used to be for geoscientists, we will reflect on the amazing and exciting changes we have witnessed in our careers.  For the most part, life for a geoscientist is better. I remember my early days as a geophysicist and the time-consuming chores of working with paper sections, measuring travel times with a ruler, transferring times to paper and drawing a contour map.  Preparing for a prospect review meant the office was a busy place nights and weekends.

The explosion of computer technology has streamlined the process tremendously and allowed for orders of magnitude more data to be interpreted and analyzed in far less time.  Yet, despite the exhilarating changes technology has provided, Continue reading

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EMC Isilon PetroVault: Your Next Big Data Reservoir

Larry Kaufman
“I don’t care if the storage is full. I need my interpretation projects to stay online…..forever.”

I am sure that IT managers and data administrators managing upstream oil and gas interpretation environments hear this all the time from Geoscientists. The folklore that drives this attitude from the geoscientists says that many have had bad experiences with getting data back once it has been moved off primary storage to tape. Either it takes too long to get the data restored from tape, if the tape can be found, or the full “project” structure of the data might have been compromised in the standard file system type backup to tape and intellectual property has been lost.

From the IT management side the typical conundrum is, “My storage is full, again. My budget has been cut. Do I really need to buy more? If so, how much?”

The reality of the situation is that Continue reading

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Welcome to EMC Energy!

Welcome to the EMC Energy Blog.

Tim Voyt
Energy, when has it not been a hot topic? From the early days of computer aided exploration systems to recent advances in seismic acquisition and smart grid technologies, the world of energy continues on what seems like a never-ending boom.

I have been fortunate to be immersed in these technologies affecting the highly-competitive energy industry and would like to offer you a look into this world.

Contributing to this blog will be the many subject matter experts who reside within EMC as well as their peers, colleagues, and thought leaders from around the Energy industry. So, without further adieu, let me begin by Continue reading

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