Archive for the ‘Energy’ Category

And it’s cheaper too!

David Holmes

David Holmes

CTO & Chief Industry Executive -Global Oil & Gas Program at EMC
As Chief Industry Executive for the Global Oil & Gas Program, David is responsible for developing EMC’s Oil and Gas upstream solutions and product positioning strategy in conjunction with the Brazil Research Center and Global CTO Organization. Works with partners and clients to identify oil and gas business needs and designs solution architectures to support these opportunities. David has served on a number of industry committees including the European ECIM organization and SPE’s “Petabytes in Asset Management.” He has delivered numerous technical papers at conferences around the world and holds a patent for his work on the remote visualization of geotechnical applications.
David Holmes
David Holmes

Latest posts by David Holmes (see all)

Maximize G&G Application Performance & Lower TCO Simultaneously

 

As oil and gas companies wrestle with delivering dramatic reductions in their operating and capital budgets, whilst maintaining a razor sharp focus on safe and efficient operations, many people are asking how or even if IT can support companies in these challenging times. But whatever answer we might come up with, the starting point in today’s climate must be to deliver material reductions in cost. Oh and you had better remember that at the last count the industry has 250,000 less employees, so make sure you figure out how to transform user productivity.

So how can we drive up user productivity and reduce costs simultaneously? Recently we have been doing a lot of engineering work on next generation geoscience systems. Interpretation and modelling applications tend to be heavily workstation-oriented where individual users are equipped with expensive self-contained computing resources. When data is required, a low-latency high-bandwidth transfer from network storage to the workstation is needed to achieve useful levels of performance and productivity.

However as data velocity and volume increase, sustaining workstation-based applications is a real challenge. Individual workstations need ever increasing levels of computing power, memory and storage to cope, and delivering the required high-bandwidth low-latency I/O becomes eye-wateringly expensive.

Wstn Apprch

This rather expensive exercise places IT under constant pressure to deliver computing resources to meet the largest expected workload at the time, which means that workstations are either often over-specified compared to average expected workloads or under-specified, leading to user frustration and inefficient working practices. The overall result is that computing power, storage and memory cannot be correctly balanced to workloads, since the high-end resources are not always needed and cannot be shared.

pic2

There is also a penalty in workload throughput. We have observed cases where geoscientists need to wait as long as 30 minutes to load projects into their applications. This has a negative impact on team productivity and agility, particularly when seismic data forms a critical part of the workflow.

The core strategy to address these challenges is the centralization of computational resources (both CPU and GPU) inside the data center using Converged Infrastructure. Essentially, this approach takes the enormous amount of computational power that is out on workstations and relocates it back into the data center. There are a couple of key reasons why this is beneficial:

  1. Operational Efficiency – the workstation-oriented approach leaves much of the computing resource underutilized and requires an expensive IT support mechanism. Having a shared set of central resources enables better provisioning of appropriate resources to users with thin-client devices – far more with less
  2. Efficient Network Utilization – by co-locating computation resources with the data, we remove the need to shift large volumes of data over networks to individual workstations, given wider easier access to a rich data set – again far more with less

VDI Petrotech App

TCO studies have shown that EMC’s Petrotechnical Appliance – a Converged Infrastructure solution – can achieve cost savings in excess of 35% by migrating from distributed workstation computing to centralized computing delivered through VDI. Simultaneously, end-users are able to experience a more consistent delivery of computing resources to match individual workload demands without needing expensive workstation upgrades – so higher end user productivity and lower costs!

 

SEG 2015 - EMC Article Submission - TCO image
The EMC Petrotechnical Appliance is based on the industry-leading Vblock® Converged Infrastructure from VCE. It is being increasingly adopted by oil & gas companies and is recommended by leading Oil Field Services companies as a key ingredient for optimizing geoscience operations, particularly in the current oil & gas economic climate.

Analyze this – big data for Oil & Gas 2016 economics

Julian Alfred

Julian Alfred

Sales Enablement - Global Oil & Gas Program at EMC
During the 3 years developing joint solutions within EMC's Global Alliances group, Julian worked on a Seismic Data Management solution for Oil & Gas. Leveraging this experience, he is now responsible for Sales Enablement within EMC's Global Oil & Gas vertical to support revenue-generating field initiatives focused on Analytics, Big Data, Security and Business Resilience in Energy.
Julian Alfred

Latest posts by Julian Alfred (see all)

The concept of a Digital Oil Field is nothing new. Yet the Oil & Gas industry still struggles to leverage broad-scale big data & analytics in a way that makes it as mainstream and clearly understood as interpretation and modelling processes. Granted there has been some success in areas such as predictive maintenance and drilling optimization, but very little in sustained step-change improvements that have redefined the way production is planned and executed – especially when we look back at 2015 Oil & Gas economics and the continued challenge in 2016 and beyond.

One of the key obstacles that make leveraging the power of analytics difficult is the sheer volume and variety of data available to potentially fuel workflows:

  • How do I consolidate data from multiple systems into a single secure environment (a Data Lake) that scales easily and cost-effectively so it can be more easily managed?
  • How can I create models across heterogeneous data sets so that benefits can be seen not only in one section of the Hydrocarbon Value Chain, but across multiple domains to produce exponential benefits?
  • How can I execute analytical workloads at a velocity that is sympathetic to data latency issues so that business planning fundamentals have a larger reliable predictive component?

The good news is that advancements in data storage and computing power have offered solutions to individual technical infrastructure challenges, but putting them together to form a smooth running analytics platform still requires specialist skills.

However, perhaps even more important than the technology challenge is the figuring out of what we should perform meaningful analytics on.

  • Which areas of the business should I look to optimize that will make significant operational impact where savings or increases in value are measured in the tens or hundreds of millions of dollars?

The pessimism around big data and analytics in general comes through in the August 2015 Gartner report ‘The Demise of Big Data, Its Lessons and the State of Things to Come’, in which the following Strategic Planning Assumption is made:

“Through 2018, 90% of deployed data lakes will be useless as they are overwhelmed with information assets captured for uncertain use cases”.

 

Source: Gartner report – ‘The Demise of Big Data, Its Lessons and the State of Things to Come’ Published: 19 August 2015

So what is the answer?

We certainly cannot give up on big data & analytics any more than we should give up on making exploration and production more efficient. We need to claw back margins lost to low oil price economics, particularly in the Upstream segment of Oil & Gas.

I believe we have found at EMC what appears to be a solid approach that enables the rapid organized processing of data to extract timely actionable insight to drive step-changing efficiencies. It is used to appraise, design and implement digital oilfield and big data & analytics projects to improve productivity and reduce well and facility downtime. We have identified that there are 5 key ingredients for success:

ADDED - analytics

But the bit that takes you over the wall is being able to blend the 5 ingredients effectively, so that one does not get in the way of another – for example, you could have a great analytics engine, but if the data management platform that will feed it scales poorly or cannot deliver quality-checked data rapidly, the entire analytics process is weakened. If you have access to external intelligence but cannot integrate the data in a way that enriches your existing data sets, then the true value of that industry knowledge is never realized.

We believe we’ve figured out a way to do that blending in a repeatable methodology driven through our Oil & Gas Big Data Vision Workshop. In a recent case spanning 10,000 wells, analytics using EMC solutions showed a potential increase in oil production of 8-14%, and decreases in completion costs of more than 5%. In another case, a large Independent was able to uncover that if they spent an extra $40M on unconventional drilling operations, they would see a $200M return over 3 years.

Want to learn more about the Big Data Vision Workshop? Just send an email to julian.alfred@emc.com.

Are You Ready for Cloud Control?

Gonzalo Merchan

Gonzalo Merchan

Gonzalo Merchan, IIG Director for the Energy sector, is based in California, United States. Gonzalo brings over 25 years experience in the Software Enterprise solutions arena including 10 years with EMC Documentum, 5 years with BEA, and over 15 years at senior level positions at IBM and Fluor. As part of the IIG Solutions Strategy Group, Gonzalo is responsible for driving the EMC IIG solution strategy in the energy vertical, focusing primarily in bringing industry solutions to market. Gonzalo also covers the EMC Energy Partner ecosystem and the complementary solutions they bring to market, use cases with major energy companies globally, and key initiatives such as Advisory Councils. Gonzalo has two sons and two grand kids living in the Southern California area. Gonzalo enjoys time with family and travel to locations with sun, sand, and especially with good food.

[show_avatar email=gonzalo.merchan@emc.com align=left avatar_size=30]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.

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. (more…)

Energy & Engineering Day at Momentum Europe 2011

Gonzalo Merchan

Gonzalo Merchan

Gonzalo Merchan, IIG Director for the Energy sector, is based in California, United States. Gonzalo brings over 25 years experience in the Software Enterprise solutions arena including 10 years with EMC Documentum, 5 years with BEA, and over 15 years at senior level positions at IBM and Fluor. As part of the IIG Solutions Strategy Group, Gonzalo is responsible for driving the EMC IIG solution strategy in the energy vertical, focusing primarily in bringing industry solutions to market. Gonzalo also covers the EMC Energy Partner ecosystem and the complementary solutions they bring to market, use cases with major energy companies globally, and key initiatives such as Advisory Councils. Gonzalo has two sons and two grand kids living in the Southern California area. Gonzalo enjoys time with family and travel to locations with sun, sand, and especially with good food.

[show_avatar email=gonzalo.merchan@emc.com align=left avatar_size=30]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 (more…)

Minimizing risk with a sound Records Management strategy

Gonzalo Merchan

Gonzalo Merchan

Gonzalo Merchan, IIG Director for the Energy sector, is based in California, United States. Gonzalo brings over 25 years experience in the Software Enterprise solutions arena including 10 years with EMC Documentum, 5 years with BEA, and over 15 years at senior level positions at IBM and Fluor. As part of the IIG Solutions Strategy Group, Gonzalo is responsible for driving the EMC IIG solution strategy in the energy vertical, focusing primarily in bringing industry solutions to market. Gonzalo also covers the EMC Energy Partner ecosystem and the complementary solutions they bring to market, use cases with major energy companies globally, and key initiatives such as Advisory Councils. Gonzalo has two sons and two grand kids living in the Southern California area. Gonzalo enjoys time with family and travel to locations with sun, sand, and especially with good food.

[show_avatar email=gonzalo.merchan@emc.com align=left avatar_size=30]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 (more…)

Welcome to EMC Energy!

Tim Voyt

Tim Voyt

Mr. Timothy Voyt has more than 20 years of experience in providing technology and services to the Energy industry, both domestically and internationally. Mr. Voyt joined EMC in April of 2005 as the Oil and Gas Director and has global responsibility for all aspects of the EMC’s Oil and Gas Vertical Program. Prior to joining EMC, Mr. Voyt served as Executive Vice President of Operations for Tobin International where he had operational accountability for all of Tobin's Data Products, Software Products, Services, and International Operating Divisions. Mr. Voyt also spent more than 9 years with Landmark Graphics building and managing Landmark’s pre- and post sales services businesses within North America, Europe, Africa, and Russia.
Tim Voyt

Latest posts by Tim Voyt (see all)

Welcome to the EMC Energy Blog.

[show_avatar email=tim.voyt@emc.com align=left avatar_size=30]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 (more…)