A Digital Journey: the Transformation of the Oil and Gas Industry

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Publisher :
ISBN 13 : 9781791890902
Total Pages : 351 pages
Book Rating : 4.8/5 (99 download)

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Book Synopsis A Digital Journey: the Transformation of the Oil and Gas Industry by : Jim Crompton

Download or read book A Digital Journey: the Transformation of the Oil and Gas Industry written by Jim Crompton and published by . This book was released on 2019-01-02 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: Industry professionals will appreciate the authors' approach to developing a digital strategy from the bottom up, avoiding pitfalls from the tempting short cuts, to deliver data the business needs to gain a sustainable competitive advantage. Best practices are identified from an organization, process, and technology perspective, providing insight into how companies should prepare for and begin the digital journey. It is apparent to everyone within the Industry that significant changes are underway. These changes are being driven by the need to operate more efficiently and with fewer people. Picture a general flow of getting more for less, but on steroids! A catalyst for this change has been the application of digital technology, wherein lies a new focus on data science and analytics. This is starting to result in real and significant improvements to overall business performance for some operators. While big data and analytics get most of the attention, it is only one aspect of a broader movement that is popularly referred to as the Digital Transformation and which we have categorized as the Digital Oilfield 2.0; the next phase of the Digital Transformation. One critical aspect of the Digital Transformation that typically gets overlooked is the need for effective data management across the full Well lifecycle. The result of this lack of focus on the fundamentals is that many big data and analytics projects fail to deliver fully on the promised benefits with the occasional spectacular failure. In this book, the authors investigate and analyze the industry and technology trends that are driving the next phase of the Digital Transformation. They break this down into the component parts and present a framework for building an effective master data management platform and organization - it is not just about the technology. Combining this framework with best practices gathered over decades in the business, the authors present an approach to building out a Digital Strategy to help companies that are struggling to define their own journey towards a Digital Transformation.

Bits, Bytes, and Barrels

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Publisher : Madcann Press
ISBN 13 : 9781999514907
Total Pages : 290 pages
Book Rating : 4.5/5 (149 download)

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Book Synopsis Bits, Bytes, and Barrels by : Geoffrey Cann

Download or read book Bits, Bytes, and Barrels written by Geoffrey Cann and published by Madcann Press. This book was released on 2019-01-08 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil and gas industry is at a crossroads. Recent low prices, rapidly growing alternative fuels like renewables, the permanent swing from peak oil to super abundance, shifting consumer preferences, and global pressures to decarbonize suggest a challenged industry for the foreseeable future. Digital advances offer ways to lower costs of production, improve productivity, reduce carbon emissions, and regain public confidence. A wait-and-see attitude to digital innovation has failed many industries already, and the leaders of oil and gas urgently need guidance on how digital both disrupts and enhances their industry. Written by the world's leading experts on the intersection of digital technologies and the oil and gas industry, Bits, Bytes, and Barrels sets out the reasons why adoption is slow, describes the size and scale of both the opportunity and the threat from digital, identifies the key digital technologies and the role that they play in a digital future, and recommends a set of actions for leaders to take to accelerate the adoption of digital in the business. Providing an independent and expert perspective, Bits, Bytes, and Barrels addresses the impacts of digital across the breadth of the industry--from onshore to offshore, from upstream to midstream to integrated--and outlines a roadmap to help the decision-makers at all levels of the industry take meaningful action toward promising and rewarding digital adoption.

Oil & Gas Digital Transformation

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Author :
Publisher : Mehta Publishers
ISBN 13 : 9785435212327
Total Pages : 0 pages
Book Rating : 4.2/5 (123 download)

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Book Synopsis Oil & Gas Digital Transformation by : Fawziya Thurayya Arian

Download or read book Oil & Gas Digital Transformation written by Fawziya Thurayya Arian and published by Mehta Publishers. This book was released on 2023-12-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this qualitative multiple case study was to explore successful strategies some leaders in the oil and gas industry used to implement advanced digitalization. The target population was a minimum of four leaders in at least two companies, preferably one oil service company and one oil company in North America, who successfully created and utilized advanced digitalization in the oil and gas industry.This study may lead to a positive social change by encouraging advanced digitalization in the oil and gas industry, resulting in the creation of more job opportunities for the local workers and companies, reducing job stress, and improving the domestic economy and level of prosperity.

Intelligent Digital Oil and Gas Fields

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Publisher : Gulf Professional Publishing
ISBN 13 : 012804747X
Total Pages : 374 pages
Book Rating : 4.1/5 (28 download)

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Book Synopsis Intelligent Digital Oil and Gas Fields by : Gustavo Carvajal

Download or read book Intelligent Digital Oil and Gas Fields written by Gustavo Carvajal and published by Gulf Professional Publishing. This book was released on 2017-12-14 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intelligent Digital Oil and Gas Fields: Concepts, Collaboration, and Right-time Decisions delivers to the reader a roadmap through the fast-paced changes in the digital oil field landscape of technology in the form of new sensors, well mechanics such as downhole valves, data analytics and models for dealing with a barrage of data, and changes in the way professionals collaborate on decisions. The book introduces the new age of digital oil and gas technology and process components and provides a backdrop to the value and experience industry has achieved from these in the last few years. The book then takes the reader on a journey first at a well level through instrumentation and measurement for real-time data acquisition, and then provides practical information on analytics on the real-time data. Artificial intelligence techniques provide insights from the data. The road then travels to the "integrated asset" by detailing how companies utilize Integrated Asset Models to manage assets (reservoirs) within DOF context. From model to practice, new ways to operate smart wells enable optimizing the asset. Intelligent Digital Oil and Gas Fields is packed with examples and lessons learned from various case studies and provides extensive references for further reading and a final chapter on the "next generation digital oil field," e.g., cloud computing, big data analytics and advances in nanotechnology. This book is a reference that can help managers, engineers, operations, and IT experts understand specifics on how to filter data to create useful information, address analytics, and link workflows across the production value chain enabling teams to make better decisions with a higher degree of certainty and reduced risk. Covers multiple examples and lessons learned from a variety of reservoirs from around the world and production situations Includes techniques on change management and collaboration Delivers real and readily applicable knowledge on technical equipment, workflows and data challenges such as acquisition and quality control that make up the digital oil and gas field solutions of today Describes collaborative systems and ways of working and how companies are transitioning work force to use the technology and making more optimal decisions

Dual Transformation

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Publisher : Harvard Business Review Press
ISBN 13 : 1633692493
Total Pages : 272 pages
Book Rating : 4.6/5 (336 download)

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Book Synopsis Dual Transformation by : Scott D. Anthony

Download or read book Dual Transformation written by Scott D. Anthony and published by Harvard Business Review Press. This book was released on 2017-03-28 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Game-changing disruptions will likely unfold on your watch. Be ready. In Dual Transformation, Scott Anthony, Clark Gilbert, and Mark Johnson propose a practical and sustainable approach to one of the greatest challenges facing leaders today: transforming your business in the face of imminent disruption. Dual Transformation shows you how your company can come out of a market shift stronger and more profitable, because the threat of disruption is also the greatest opportunity a leadership team will ever face. Disruptive change opens a window of opportunity to create massive new markets. It is the moment when a market also-ran can become a market leader. It is the moment when business legacies are created. That moment starts with the core dual transformation framework: Transformation A: Repositioning today’s business to maximize its resilience, such as how Adobe boldly shifted from selling packaged software to providing software as a service. Transformation B: Creating a new growth engine, such as how Amazon became the world’s largest provider of cloud computing services. Capabilities link: Fighting unfairly by taking advantage of difficult-to-replicate assets without succumbing to the “sucking sound of the core.” Anthony, Gilbert, and Johnson also address the characteristics leaders must embrace: courage, clarity, curiosity, and conviction. Without them, dual transformation efforts can founder. Building on lessons from diverse companies, such as Adobe, Manila Water, and Netflix, and a case study from Gilbert’s firsthand experience transforming his own media and publishing company, Dual Transformation will guide executives through the journey of creating the next version of themselves, allowing them to own the future rather than be disrupted by it.

Digital Strategies in a Global Market

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Publisher : Springer Nature
ISBN 13 : 3030582671
Total Pages : 292 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Digital Strategies in a Global Market by : Natalia Konina

Download or read book Digital Strategies in a Global Market written by Natalia Konina and published by Springer Nature. This book was released on 2021-01-02 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the impact of the Fourth Industrial Revolution on business strategy, marketing, management, sustainability innovation, and various kinds of industry. It provides a broad overview of ways that organisations have sought to develop a digital strategy, and explores the challenges and opportunities posed by a rapidly transforming digital world. It draws on European and Russian case studies, with chapters addressing smart cities, corporate governance, the digital single market, and agrobusiness. This book will be of interest to academics and practitioners in management and economics, who are interested in digital strategies performance in global markets.

Understanding Data Analytics and Predictive Modelling in the Oil and Gas Industry

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Author :
Publisher :
ISBN 13 : 9781003357872
Total Pages : 0 pages
Book Rating : 4.3/5 (578 download)

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Book Synopsis Understanding Data Analytics and Predictive Modelling in the Oil and Gas Industry by : Kingshuk Srivastava

Download or read book Understanding Data Analytics and Predictive Modelling in the Oil and Gas Industry written by Kingshuk Srivastava and published by . This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers aspects of data science and predictive analytics used in the oil and gas industry by looking into the challenges of data processing and data modelling unique to this industry. It includes upstream management, intelligent/digital wells, value chain integration, crude basket forecasting, and so forth. It further discusses theoretical, methodological, well-established, and validated empirical work dealing with various related topics. Special focus has been given to experimental topics with various case studies. Features: Provides an understanding of the basics of IT technologies applied in the oil and gas sector Includes deep comparison between different artificial intelligence techniques Analyzes different simulators in the oil and gas sector as well as discussion of AI applications Focuses on in-depth experimental and applied topics Details different case studies for upstream and downstream This book is aimed at professionals and graduate students in petroleum engineering, upstream industry, data analytics, and digital transformation process in oil and gas.

Understanding Data Analytics and Predictive Modelling in the Oil and Gas Industry

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Author :
Publisher : CRC Press
ISBN 13 : 1000995119
Total Pages : 187 pages
Book Rating : 4.0/5 (9 download)

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Book Synopsis Understanding Data Analytics and Predictive Modelling in the Oil and Gas Industry by : Kingshuk Srivastava

Download or read book Understanding Data Analytics and Predictive Modelling in the Oil and Gas Industry written by Kingshuk Srivastava and published by CRC Press. This book was released on 2023-11-20 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers aspects of data science and predictive analytics used in the oil and gas industry by looking into the challenges of data processing and data modelling unique to this industry. It includes upstream management, intelligent/digital wells, value chain integration, crude basket forecasting, and so forth. It further discusses theoretical, methodological, well-established, and validated empirical work dealing with various related topics. Special focus has been given to experimental topics with various case studies. Features: Provides an understanding of the basics of IT technologies applied in the oil and gas sector Includes deep comparison between different artificial intelligence techniques Analyzes different simulators in the oil and gas sector as well as discussion of AI applications Focuses on in-depth experimental and applied topics Details different case studies for upstream and downstream This book is aimed at professionals and graduate students in petroleum engineering, upstream industry, data analytics, and digital transformation process in oil and gas.

Machine Learning and Data Science in the Oil and Gas Industry

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Author :
Publisher : Gulf Professional Publishing
ISBN 13 : 0128209143
Total Pages : 290 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Machine Learning and Data Science in the Oil and Gas Industry by : Patrick Bangert

Download or read book Machine Learning and Data Science in the Oil and Gas Industry written by Patrick Bangert and published by Gulf Professional Publishing. This book was released on 2021-03-04 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Machine Learning and Data Science in the Oil and Gas Industry explains how machine learning can be specifically tailored to oil and gas use cases. Petroleum engineers will learn when to use machine learning, how it is already used in oil and gas operations, and how to manage the data stream moving forward. Practical in its approach, the book explains all aspects of a data science or machine learning project, including the managerial parts of it that are so often the cause for failure. Several real-life case studies round out the book with topics such as predictive maintenance, soft sensing, and forecasting. Viewed as a guide book, this manual will lead a practitioner through the journey of a data science project in the oil and gas industry circumventing the pitfalls and articulating the business value. Chart an overview of the techniques and tools of machine learning including all the non-technological aspects necessary to be successful Gain practical understanding of machine learning used in oil and gas operations through contributed case studies Learn change management skills that will help gain confidence in pursuing the technology Understand the workflow of a full-scale project and where machine learning benefits (and where it does not)

Smart Management for Digital Transformation

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Publisher :
ISBN 13 : 9781799890096
Total Pages : pages
Book Rating : 4.8/5 (9 download)

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Book Synopsis Smart Management for Digital Transformation by : Belem Barbosa

Download or read book Smart Management for Digital Transformation written by Belem Barbosa and published by . This book was released on 2022 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "This book analyzes the drivers of digital transformation of businesses by assessing digital transformation success factors in the short, medium and long run, using case studies of digital adoption by companies in different business sectors"--

Oil and Gas, Technology and Humans

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Publisher : CRC Press
ISBN 13 : 1317086104
Total Pages : 286 pages
Book Rating : 4.3/5 (17 download)

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Book Synopsis Oil and Gas, Technology and Humans by : Denis Besnard

Download or read book Oil and Gas, Technology and Humans written by Denis Besnard and published by CRC Press. This book was released on 2018-08-22 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The oil and gas industry is going through a major technological shift. This is particularly true of the Norwegian continental shelf where new work processes are being implemented based on digital infrastructure and information technology. The term Integrated Operations (IO) has been applied to this set of new processes. It is defined by the Centre for Integrated Operations in the Petroleum Industry as 'work processes and technology to make smarter decisions and better execution, enabled by ubiquitous real time data, collaborative techniques and access to multiple expertise'. It's claimed that IO is efficient, optimises exploration, reduces costs and improves safety performance. However, the picture is not as clear-cut as it may appear. On the one hand, the new work processes do not prevent major accidents: IO-related factors have been identified in recent events such as the Deepwater Horizon catastrophe. On the other hand, IO technology provides improved decision-making support (such as access to real-time data and expertise), which can reduce human and material losses and damage to the environment. Given these very different properties, it's vital that the industry has a detailed understanding of the benefits and drawbacks of IO, which this book sets out to do from a multidisciplinary point of view. It analyses Integrated Operations from the angles of statistics, management science, human factors and resilience engineering. These varied disciplines provide a multifaceted understanding of IO that better informs risk assessment practices, as well as explaining new techniques and methods and provides state-of-the-art guidance to risk assessment practitioners working in the oil and gas industry.

Beyond Digital

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Publisher : Harvard Business Press
ISBN 13 : 1647822335
Total Pages : 142 pages
Book Rating : 4.6/5 (478 download)

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Book Synopsis Beyond Digital by : Paul Leinwand

Download or read book Beyond Digital written by Paul Leinwand and published by Harvard Business Press. This book was released on 2022-01-04 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two world-renowned strategists detail the seven leadership imperatives for transforming companies in the new digital era. Digital transformation is critical. But winning in today's world requires more than digitization. It requires understanding that the nature of competitive advantage has shifted—and that being digital is not enough. In Beyond Digital, Paul Leinwand and Matt Mani from Strategy&, PwC's global strategy consulting business, take readers inside twelve companies and how they have navigated through this monumental shift: from Philips's reinvention from a broad conglomerate to a focused health technology player, to Cleveland Clinic's engagement with its broader ecosystem to improve and expand its leading patient care to more locations around the world, to Microsoft's overhaul of its global commercial business to drive customer outcomes. Other case studies include Adobe, Citigroup, Eli Lilly, Hitachi, Honeywell, Inditex, Komatsu, STC Pay, and Titan. Building on a major new body of research, the authors identify the seven imperatives that leaders must follow as the digital age continues to evolve: Reimagine your company's place in the world Embrace and create value via ecosystems Build a system of privileged insights with your customers Make your organization outcome-oriented Invert the focus of your leadership team Reinvent the social contract with your people Disrupt your own leadership approach Together, these seven imperatives comprise a playbook for how leaders can define a bolder purpose and transform their organizations.

Industrial Digital Transformation

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Publisher : Packt Publishing Ltd
ISBN 13 : 1800201966
Total Pages : 426 pages
Book Rating : 4.8/5 (2 download)

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Book Synopsis Industrial Digital Transformation by : Shyam Varan Nath

Download or read book Industrial Digital Transformation written by Shyam Varan Nath and published by Packt Publishing Ltd. This book was released on 2020-11-27 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delve into industrial digital transformation and learn how to implement modern business strategies powered by digital technologies as well as organization and cultural optimization Key FeaturesIdentify potential industry disruptors from various business domains and emerging technologiesLeverage existing resources to identify new avenues for generating digital revenueBoost digital transformation with cloud computing, big data, artificial intelligence (AI), and the Internet of Things (IoT)Book Description Digital transformation requires the ability to identify opportunities across industries and apply the right technologies and tools to achieve results. This book is divided into two parts with the first covering what digital transformation is and why it is important. The second part focuses on how digital transformation works. After an introduction to digital transformation, you will explore the transformation journey in logical steps and understand how to build business cases and create productivity benefit statements. Next, you'll delve into advanced topics relating to overcoming various challenges. Later, the book will take you through case studies in both private and public sector organizations. You'll explore private sector organizations such as industrial and hi-tech manufacturing in detail and get to grips with public sector organizations by learning how transformation can be achieved on a global scale and how the resident experience can be improved. In addition to this, you will understand the role of artificial intelligence, machine learning and deep learning in digital transformation. Finally, you'll discover how to create a playbook that can ensure success in digital transformation. By the end of this book, you'll be well-versed with industrial digital transformation and be able to apply your skills in the real world. What you will learnGet up to speed with digital transformation and its important aspectsExplore the skills that are needed to execute the transformationFocus on the concepts of Digital Thread and Digital TwinUnderstand how to leverage the ecosystem for successful transformationGet to grips with various case studies spanning industries in both private and public sectorsDiscover how to execute transformation at a global scaleFind out how AI delivers value in the transformation journeyWho this book is for This book is for IT leaders, digital strategy leaders, line-of-business leaders, solution architects, and IT business partners looking for digital transformation opportunities within their organizations. Professionals from service and management consulting firms will also find this book useful. Basic knowledge of enterprise IT and some intermediate knowledge of identifying digital revenue streams or internal transformation opportunities are required to get started with this book.

Digital @ Scale

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Publisher : John Wiley & Sons
ISBN 13 : 1119433770
Total Pages : 288 pages
Book Rating : 4.1/5 (194 download)

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Book Synopsis Digital @ Scale by : Anand Swaminathan

Download or read book Digital @ Scale written by Anand Swaminathan and published by John Wiley & Sons. This book was released on 2017-06-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: A blueprint for reinventing the core of your business Value in the next phase of the digital era will go to those companies that don't just try digital but also scale it. Digital@Scale examines what it takes for companies to break through the gravitational pull of their legacy organizations and capture the full value of digital. Digging into more than fifty detailed case studies and years of McKinsey experience and data, the authors, along with a group of expert contributors, show how companies can move beyond incremental change to transform the business where the greatest value is generated—at its core. The authors provide practical insights into the three pillars of digital transformations that successfully scale: reinventing the business model, building out a business architecture from the customer back into the organization, and establishing an 'amoeba' IT and organizational foundation that learns and evolves. This is the ideal guide for all leaders who recognize the power and promise of a digital transformation.

Digital Transformation

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Publisher : John Wiley & Sons
ISBN 13 : 1119540852
Total Pages : 404 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Digital Transformation by : Anup Maheshwari

Download or read book Digital Transformation written by Anup Maheshwari and published by John Wiley & Sons. This book was released on 2019-09-04 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building Intelligent Enterprises by leveraging the emerging and next-generation technologies to accelerate the adoption of digital transformation The speed of innovation and emerging IT technologies are changing at a very fast pace and enterprises are eager to join the digital revolution so they can stand above the competition and succeed as the enterprise of tomorrow. This book is an attempt to make the enterprise intelligent by providing the path to digital transformation and the adoption of new IT methods, tools and technologies. This book has been organized to cover the following topics: Digital Transformation, Design Thinking, Agile, DevOps, Robotic Process Automation, Internet of Things, Artificial Intelligence, Machine Learning, Blockchain, Drones, Augmented and Virtual Reality, 3D Printing, Big Data, Analytics, Cloud Computing, APIs, and SAP Leonardo. No prior knowledge of any technical coding or language is necessary to understand the content of this book. End-to-end storyline to accelerate the enterprise’s digital transformation journey How an enterprise can stay relevant, compete, and perform in the digital economy How to leverage these technologies to build intelligent enterprises Understand and apply the emerging technologies across key business processes Industry-specific Use Cases for all technologies as a reference point to build the business case for implementation The book is very well suited towards the C-Suite executives, both IT and business leaders, directors and managers, project managers, solution architects, and all professionals who have an interest and desire to keep up-to-date with the latest technological trends, looking for a career change, want to help enterprise adapt and onboard the digital roadmap, or have an agenda to digitize key processes within the enterprise to make it intelligent.

Machine Learning and Data Science in the Oil and Gas Industry

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Author :
Publisher : Elsevier
ISBN 13 : 0128207140
Total Pages : 288 pages
Book Rating : 4.1/5 (282 download)

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Book Synopsis Machine Learning and Data Science in the Oil and Gas Industry by : Patrick Bangert

Download or read book Machine Learning and Data Science in the Oil and Gas Industry written by Patrick Bangert and published by Elsevier. This book was released on 2021-03-08 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Machine Learning and Data Science in the Oil and Gas Industry explains how machine learning can be specifically tailored to oil and gas use cases. Petroleum engineers will learn when to use machine learning, how it is already used in oil and gas operations, and how to manage the data stream moving forward. Practical in its approach, the book explains all aspects of a data science or machine learning project, including the managerial parts of it that are so often the cause for failure. Several real-life case studies round out the book with topics such as predictive maintenance, soft sensing, and forecasting. Viewed as a guide book, this manual will lead a practitioner through the journey of a data science project in the oil and gas industry circumventing the pitfalls and articulating the business value. Chart an overview of the techniques and tools of machine learning including all the non-technological aspects necessary to be successful Gain practical understanding of machine learning used in oil and gas operations through contributed case studies Learn change management skills that will help gain confidence in pursuing the technology Understand the workflow of a full-scale project and where machine learning benefits (and where it does not)

Digital Transformation for the Process Industries

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Author :
Publisher : CRC Press
ISBN 13 : 1000165388
Total Pages : 321 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Digital Transformation for the Process Industries by : Osvaldo A. Bascur

Download or read book Digital Transformation for the Process Industries written by Osvaldo A. Bascur and published by CRC Press. This book was released on 2020-10-27 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emphasizes a culture of sustainable growth and considers how safety and environmental aspects align with profitability and production of products that satisfy customer expectations Presents how a data infrastructure enables transformation of raw data into operational insights integration with Business Intelligence tools like PowerBI, PI Vision, and predictive analytics tools such as R, Python, and cloud services Features a plant Unit Template showing how to digitize operations to transform raw data into operational insights and offers examples of developing predictive models for avoiding plant excursions and improve the running time Includes examples of companies successfully using operational information to improve yields and reduce operating costs Describes buzzwords and translates them into actual examples so engineering professionals and information systems personnel can work together as a team