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How do you filter out the noise – and focus on what is important?
© 2018
2016 Halliburton. All rights reserved. 1
Data-Driven Oilfields
Uncovering Insights with Production Analytics
- Knowing how far we are from production goals and understanding why
- Data Overload - knowing what data should I pay attention to
- Time-delayed decisions caused by inefficient collaboration
- Minimizing deferments and better visibility to downtime
- Unable to easily spot high risk and underperforming wells
© 2018
2016 Halliburton. All rights reserved. 3
Asset Team
Production Challenges
Decision-making Challenges
How far are we What data should we pay How can we be aware of
from the production goals attention to for relevant activities from other
and why? reaching our goals? teams/domains?
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2016 Halliburton. All rights reserved. 5
Data-Driven Decision Making
Moving from Reactive to Proactive
DISCOVERY UNDER-
INPUT AWARENESS STANDING
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2016 Halliburton. All rights reserved. 6
Data-Driven Decision Making
Cutting-Edge Technology + Cross-Domain Workflows
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2016 Halliburton. All rights reserved. 7
Why Data Matters
Higher
PRODUCTIVITY
Operators with AND
data-driven = PROFITABILITY
decision making than their
competitors
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2016 Halliburton. All rights reserved. 8
Poll Question
Production #2 Challenges
Decision-making
© 2018
2016 Halliburton. All rights reserved. 9
DecisionSpace® Production Insights
Instant asset
awareness
for informed
decision making
2 hours
5 mins
Proven solution
in large assets
© 2018
2016 Halliburton. All rights reserved. 10
Benefits of Data-Driven Insights
Instant access
to key production Single reference across teams and domains,
information updated in real time
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2016 Halliburton. All rights reserved. 12
Benefits of Data-Driven Insights
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2016 Halliburton. All rights reserved. 13
Benefits of Data-Driven Insights
Challenges
Complex onshore asset, consisting of five fields and more than 1,200 wells,
producing more than 800,000 barrels a day
Needed faster turnaround on relaying production information to all asset teams
Data was siloed into different teams, making it difficult to access other data groups
Solution
Results
Revolutionized the speed of building production dashboards, from up to one month for just
one dashboard, to only 1–3 days
“Impressive and powerful.”
Reduced the time for finding daily production information from more than 2 hours to under
“Puts all the data I need at my fingertips.” 5 minutes
“Makes my life much easier.” Simplified reporting and obtaining information from other departments
– Engineers
© 2016 Halliburton. All rights reserved. 16
Success Story: Onshore Complex Assets
Challenges
Solution
Production management dashboards that integrate and aggregate multiple data sources,
including from third parties, into production key performance indicators (KPIs) tailored to
their specific needs
Integrated workflows that entail field data capture, allocation, accounting, and reporting
Results
“On the first day of deployment, just by Simplify depletion and production reporting, from tedious processes that take more than a
week to complete, to just a few clicks
reviewing the production figures, we
identified a data-quality issue that could Speed up reporting process from a month to a day, incorporating additional information
lead to a wrong decision.” previously unobtainable
Instant asset awareness from the first day – uncover problems that were previously
– Operations Superintendent unnoticed and buried inside spreadsheets
Reduced IT cost of maintaining dispersed system and databases
- Waterflood management
- Artificial lift surveillance and diagnostics
- Offset fracturing and frac hit design and mitigation
- Mass balance production allocation
© 2018
2016 Halliburton. All rights reserved. 18
CONCLUSION | DecisionSpace® Production Insights
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2016 Halliburton. All rights reserved. 19
© 2016 Halliburton. All rights reserved. 20