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Optimization And Business Improvement Studies In Upstream Oil And Gas Industry
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Book Synopsis Optimization and Business Improvement Studies in Upstream Oil and Gas Industry by : Sanjib Chowdhury
Download or read book Optimization and Business Improvement Studies in Upstream Oil and Gas Industry written by Sanjib Chowdhury and published by John Wiley & Sons. This book was released on 2016-08-01 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delves into the core and functional areas in the upstream oil and gas industry covering a wide range of operations and processes Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas – deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves – deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. Optimization and Business Improvement Studies in Upstream Oil and Gas Industry contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize Productivity of drilling operations Controllable rig time loss Deepwater exploration strategy Rig move time and activity schedule Offshore supply vessel fleet size Supply chain management system Strategic workforce and human resource productivity Base oil price for a country Standardize consumption of materials Develop uniform safety standards for offshore installations Improve organizational efficiency through business process simplification The book will be of immense interest to practicing managers, professionals and employees at all levels/ disciplines in oil and gas industry. It will also be useful to academicians, scholars, educational institutes, energy research institutes, and consultants dealing with oil and gas. The work can be used as a practical guide to upstream professionals and students in petroleum engineering programs.
Book Synopsis Optimization and Business Improvement Studies in Upstream Oil and Gas Industry by : Sanjib Chowdhury
Download or read book Optimization and Business Improvement Studies in Upstream Oil and Gas Industry written by Sanjib Chowdhury and published by John Wiley & Sons. This book was released on 2016-08-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delves into the core and functional areas in the upstream oil and gas industry covering a wide range of operations and processes Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas – deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves – deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. Optimization and Business Improvement Studies in Upstream Oil and Gas Industry contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize Productivity of drilling operations Controllable rig time loss Deepwater exploration strategy Rig move time and activity schedule Offshore supply vessel fleet size Supply chain management system Strategic workforce and human resource productivity Base oil price for a country Standardize consumption of materials Develop uniform safety standards for offshore installations Improve organizational efficiency through business process simplification The book will be of immense interest to practicing managers, professionals and employees at all levels/ disciplines in oil and gas industry. It will also be useful to academicians, scholars, educational institutes, energy research institutes, and consultants dealing with oil and gas. The work can be used as a practical guide to upstream professionals and students in petroleum engineering programs.
Download or read book הגדה של פסח בית תפלה written by and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Methods for Petroleum Well Optimization by : Rasool Khosravanian
Download or read book Methods for Petroleum Well Optimization written by Rasool Khosravanian and published by Gulf Professional Publishing. This book was released on 2021-09-22 with total page 554 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drilling and production wells are becoming more digitalized as oil and gas companies continue to implement machine learning andbig data solutions to save money on projects while reducing energy and emissions. Up to now there has not been one cohesiveresource that bridges the gap between theory and application, showing how to go from computer modeling to practical use. Methodsfor Petroleum Well Optimization: Automation and Data Solutions gives today’s engineers and researchers real-time data solutionsspecific to drilling and production assets. Structured for training, this reference covers key concepts and detailed approaches frommathematical to real-time data solutions through technological advances. Topics include digital well planning and construction,moving teams into Onshore Collaboration Centers, operations with the best machine learning (ML) and metaheuristic algorithms,complex trajectories for wellbore stability, real-time predictive analytics by data mining, optimum decision-making, and case-basedreasoning. Supported by practical case studies, and with references including links to open-source code and fit-for-use MATLAB, R,Julia, Python and other standard programming languages, Methods for Petroleum Well Optimization delivers a critical training guidefor researchers and oil and gas engineers to take scientifically based approaches to solving real field problems. Bridges the gap between theory and practice (from models to code) with content from the latest research developments supported by practical case study examples and questions at the end of each chapter Enables understanding of real-time data solutions and automation methods available specific to drilling and production wells, suchas digital well planning and construction through to automatic systems Promotes the use of open-source code which will help companies, engineers, and researchers develop their prediction and analysissoftware more quickly; this is especially appropriate in the application of multivariate techniques to the real-world problems of petroleum well optimization
Book Synopsis Performance Management for the Oil, Gas, and Process Industries by : Robert Bruce Hey
Download or read book Performance Management for the Oil, Gas, and Process Industries written by Robert Bruce Hey and published by Gulf Professional Publishing. This book was released on 2017-04-06 with total page 740 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance Management for the Oil, Gas, and Process Industries: A Systems Approach is a practical guide on the business cycle and techniques to undertake step, episodic, and breakthrough improvement in performance to optimize operating costs. Like many industries, the oil, gas, and process industries are coming under increasing pressure to cut costs due to ongoing construction of larger, more integrated units, as well as the application of increasingly stringent environmental policies. Focusing on the ‘value adder’ or ‘revenue generator’ core system and the company direction statement, this book describes a systems approach which assures significant sustainable improvements in the business and operational performance specific to the oil, gas, and process industries. The book will enable the reader to: utilize best practice principles of good governance for long term performance enhancement; identify the most significant performance indicators for overall business improvement; apply strategies to ensure that targets are met in agreed upon time frames. Describes a systems approach which assures significant sustainable improvements in the business and operational performance specific to the oil, gas, and process industries Helps readers set appropriate and realistic short-term/ long-term targets with a pre-built facility health checker Elucidates the relationship between PSM, OHS, and Asset Integrity with an increased emphasis on behavior-based safety Discusses specific oil and gas industry issues and examples such as refinery and gas plant performance initiatives and hydrocarbon accounting
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
Book Synopsis Harness Oil and Gas Big Data with Analytics by : Keith R. Holdaway
Download or read book Harness Oil and Gas Big Data with Analytics written by Keith R. Holdaway and published by John Wiley & Sons. This book was released on 2014-05-27 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Use big data analytics to efficiently drive oil and gas exploration and production Harness Oil and Gas Big Data with Analytics provides a complete view of big data and analytics techniques as they are applied to the oil and gas industry. Including a compendium of specific case studies, the book underscores the acute need for optimization in the oil and gas exploration and production stages and shows how data analytics can provide such optimization. This spans exploration, development, production and rejuvenation of oil and gas assets. The book serves as a guide for fully leveraging data, statistical, and quantitative analysis, exploratory and predictive modeling, and fact-based management to drive decision making in oil and gas operations. This comprehensive resource delves into the three major issues that face the oil and gas industry during the exploration and production stages: Data management, including storing massive quantities of data in a manner conducive to analysis and effectively retrieving, backing up, and purging data Quantification of uncertainty, including a look at the statistical and data analytics methods for making predictions and determining the certainty of those predictions Risk assessment, including predictive analysis of the likelihood that known risks are realized and how to properly deal with unknown risks Covering the major issues facing the oil and gas industry in the exploration and production stages, Harness Big Data with Analytics reveals how to model big data to realize efficiencies and business benefits.
Book Synopsis Handbook of Research on Artificial Intelligence, Innovation and Entrepreneurship by : Elias G Carayannis
Download or read book Handbook of Research on Artificial Intelligence, Innovation and Entrepreneurship written by Elias G Carayannis and published by Edward Elgar Publishing. This book was released on 2023-02-14 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Handbook of Research on Artificial Intelligence, Innovation and Entrepreneurship focuses on theories, policies, practices, and politics of technology innovation and entrepreneurship based on Artificial Intelligence (AI). It examines when, where, how, and why AI triggers, catalyzes, and accelerates the development, exploration, exploitation, and invention feeding into entrepreneurial actions that result in innovation success.
Book Synopsis Business Development Strategy for the Upstream Oil and Gas Industry by : Robin Winkle
Download or read book Business Development Strategy for the Upstream Oil and Gas Industry written by Robin Winkle and published by . This book was released on 2022-10-18 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: How do you compete for customers when you are selling a globally traded commodity? In the upstream oil and gas industry, you are not competing for customers, you are competing for access to the best resources. Strategy in the upstream oil and gas industry is how you compete, and where you compete, for access to those resources.Business Development Strategy for the Upstream Oil and Gas Industry provides a framework for developing that strategy. The book takes the reader through an assessment of portfolio health, organizational capability, and asset mix to understand their competitive advantage and how to convert this into a business development strategy. Featuring industry case studies and including extensive reference material, this book is essential reading for oil and gas executives, financiers, attorneys, and anyone interested in business development in the industry.
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.
Book Synopsis Project Management for the Oil and Gas Industry by : Adedeji B. Badiru
Download or read book Project Management for the Oil and Gas Industry written by Adedeji B. Badiru and published by CRC Press. This book was released on 2016-04-19 with total page 761 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project management for oil and gas projects comes with a unique set of challenges that include the management of science, technology, and engineering aspects. Underlining the specific issues involved in projects in this field, Project Management for the Oil and Gas Industry: A World System Approach presents step-by-step application of project manag
Book Synopsis Education and Training for the Oil and Gas Industry by : Phil Andrews
Download or read book Education and Training for the Oil and Gas Industry written by Phil Andrews and published by Elsevier. This book was released on 2016-11-03 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Education and Training for the Oil and Gas Industry: Localising Oil and Gas Operations, Volume Four in the Getenergy series will set out the case for localising the oil and gas operations within hydrocarbon-producing countries. The focus of this final Volume in the series will be to explore the value of engaging with local suppliers, local talent and other local stakeholders in the exploration and production of oil and gas resources. Specifically, we will set out an agenda around which operators and service companies can coalesce and that highlights the ways in which smart, targeted investments in education, training and local infrastructure can create a new way of doing business, particularly in developing or emerging energy economies. Getenergy Intelligence have developed a unique tool to evaluate the potential cost benefits of localisation for any given project. This volume lays out the rationale, methodology and processes we have developed to successfully map out localisation and implement strategic capacity development for oil and gas operations. The significant cost benefits of localisation have been recognised by a number of major oil and gas companies, but localisation is still an aspect of doing business that is poorly understood by much of the global industry. In the first section of this book, the authors provide the rationale for localisation and layout the core reasons for developing the tool. In the second section, the tool is described and the exact methodology is explained. In the final section the authors provide three case studies, demonstrating the tool in action and showing how we are able to measure the cost effectiveness and wider value of a coherent approach to localisation. Three detailed case studies exploring the benefits of localising the oil and gas workforce A rigorous economic rationale for localisation of oil and gas projects. Explores how localisation (and investment in local education, training and talent within that) is at the core of a successful oil and gas business in the 21st century Methods of implementing a strategy to educate and train local people in order to meet the core business needs around individual oil and gas projects
Book Synopsis Oil and Gas Production Handbook: An Introduction to Oil and Gas Production by : Havard Devold
Download or read book Oil and Gas Production Handbook: An Introduction to Oil and Gas Production written by Havard Devold and published by Lulu.com. This book was released on 2013 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Employment Impacts of Upstream Oil and Gas Investment in the United States by : Mark Agerton
Download or read book Employment Impacts of Upstream Oil and Gas Investment in the United States written by Mark Agerton and published by International Monetary Fund. This book was released on 2015-02-11 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technological progress in the exploration and production of oil and gas during the 2000s has led to a boom in upstream investment and has increased the domestic supply of fossil fuels. It is unknown, however, how many jobs this boom has created. We use time-series methods at the national level and dynamic panel methods at the state-level to understand how the increase in exploration and production activity has impacted employment. We find robust statistical support for the hypothesis that changes in drilling for oil and gas as captured by rig-counts do in fact, have an economically meaningful and positive impact on employment. The strongest impact is contemporaneous, though months later in the year also experience statistically and economically meaningful growth. Once dynamic effects are accounted for, we estimate that an additional rig-count results in the creation of 37 jobs immediately and 224 jobs in the long run, though our robustness checks suggest that these multipliers could be bigger.
Book Synopsis Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development by : Rosendahl, Tom
Download or read book Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development written by Rosendahl, Tom and published by IGI Global. This book was released on 2012-08-31 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: The predicted ICT revolution has gained increasing attention in the oil industry the last few years. It is enabled by the use of ubiquitous real time data, collaborative techniques, and multiple expertises across disciplines, organizations and geographical locations. Integrated Operations in the Oil and Gas Industry: Sustainability and Capability Development covers the capability approach to integrated operations that documents research and development in the oil industry. By capability, we refer to the combined capacity and ability to plan and execute in accordance with business objectives through a designed combination of human skills, work processes, organizational change, and technology. This book will serve as a knowledge base for those who are interested in learning about, and those involved in, Integrated Operations in the Oil and Gas Industry.
Book Synopsis Oil and Gas Company Analysis by : Alfonso Colombano
Download or read book Oil and Gas Company Analysis written by Alfonso Colombano and published by Createspace Independent Publishing Platform. This book was released on 2015-01-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: [New cover update] As one of the most complex industries in the world, this book provides readers with an in-depth coverage of companies that operate in all sectors of the oil & gas industry, that is Upstream, Midstream and Downstream. This book sets out to evaluate companies through upstream, midstream and downstream financial and operational metrics (covered in the first 4 chapters of the book), and to provide an overview of more than 30 companies in different categories, such as National Oil Companies, International Oil Companies, Independent E&P and Pure Play Refining Companies. Key benefits from reading this book: - Understand the different sectors in the oil & gas industry, their business cycles, unique opportunities and challenges. - Understand how financial and operational metrics for companies inside and outside the oil & gas industry are calculated and understand their importance. - Get to know different oil & gas companies in the industry, from both an international and U.S. perspective. - Gain awareness of what different businesses oil & gas companies are involved in and where they operate. The book is organized into 10 chapters: - Chapter 1 provides an overview of oil & gas as commodities as well as the industry, current supply and demand of energy scenarios and provides a detailed explanation of several financial metrics. - Chapters 2, 3 & 4 introduce the Upstream, Midstream & Downstream sectors of the industry and explain relevant sector metrics. - Chapters 5 & 6 discuss 12 National Oil Companies or NOC's, their current operations and applicable metrics. - Chapter 7 reviews 4 integrated oil & gas companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book. - Chapter 8 reviews 6 independent exploration & production companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book. - Chapter 9 reviews 3 independent downstream companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book. - Chapter 10 reviews 4 midstream companies, their areas of operations and provides an analysis of current financial and operating results using the metrics introduced in this book.
Book Synopsis China Mineral, Mining Sector Investment and Business Guide Volume I Strategic Information and Basic Laws by : IBP, Inc.
Download or read book China Mineral, Mining Sector Investment and Business Guide Volume I Strategic Information and Basic Laws written by IBP, Inc. and published by Lulu.com. This book was released on 2016-11-10 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: China Mineral, Mining Sector Investment and Business Guide - Strategic Information and Regulations
