Changes in E&P Data Management John Gibson, President & CEOLandmark Graphics Corporation A Selection of the visual aids from Mr Gibson's Presentation follows:- – Business Drivers · Mega-mergers · Continuous price pressure · Global expansion · Focus on value add activity · New Imperatives · Access data from multiple locations · Support collaboration among partners, suppliers · Turn data into information, knowledge · Improve quality of business decisions · Physical Location Irrelevant 174 Changes in E&P Data Management · Satellites - Deliver up to 2 Mbps on demand to remote areas of globe · Fiber optics - Total deployed in 1999: 24 million miles (could circle earth 960X) – Total global capacity in 1999: 100 gbps - In 2002: 12,000 gbps (40X increase) Key to the Future: Bandwidth - Assume: · Global availability to bandwidth · Continuous increase in capacity - Enables new Internet-based business model and IT Architecture: · Data Service Providers (DSP) · Application Service Providers (ASP) · Hardware Service Providers (HSP) · Knowledge Service Providers (KSP) New Business Model & IT Architecture 175 Changes in E&P Data Management Data Service Provider · Acquired technical data - Seismic - Well Logs - Drilling - Etc. · Derived data - Maps - Simulation time steps - Etc. · Personal data - Documents - Email - Etc. · Business - Financial - Contracts - Etc. · Literature - World petroleum congress abstracts - AAPG abstracts - Etc.

Implications of DSPs - Access to data is the driver not storage of data - Like data managed in like manner - Evolve data standards for each DSP, not individual companies or whole industry - One copy of data; no local copies to manage - Significantly lower industry related cost - Competition based on data quality and innovation in data - Eliminates monolithic corporate data stores Application Service Provider · Technical - Seismic interpretation - Log analysis - Pressure prediction - Etc. 176 Changes in E&P Data Management - Personal - Word processing - Email - Spreadsheet - Project management - Etc. · Business - Financial - Human resources - Time accounting - Etc. – Knowledge Service Provider Hardware Service Provider · Processing Power - Scaleable · Single processor for personal: e.g.. word processing · High performance multi-processor: e.g. seismic processing · Memory - Scaleable · mbps for personal · gbps for technical 177 Changes in E&P Data Management · New Connected Data World Benefits of New Model - Economies of Scale / Scope - More Effective Global Collaboration - Organize around "Core" Business analysis and interpretation of E&P data - Outsource "Context" Activities management and storage of E&P data 178 Changes in E&P Data Management Summary of RFP 5 NEW CONCEPTS ON DATA MANAGEMENT Presented by: John Gibson President & CEO Landmark Graphics Corporation 15150 Memorial Drive Houston, Texas 77079-4304 Chaired by Professor Olu Ogboja Dean, Faculty of Engineering University

This content is only available via PDF.
You can access this article if you purchase or spend a download.