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The reality of – big crew change in E&P.

E&P's resource crunch is top news world-over. It is conventionally analyzed as the consequence of
1) Cyclicity in E&P (oil prices, industry boom, recruitment)
2) Lower interest in E&P subjects due to dominant perception of the business being CAUSE for climate change (dirty business)
3) Sophistication of the technical subjects - needing "EXPERT" guidance
This presentation analyses it from a COMPLETELY DIFFERENT perspective. E&P crew crunch is due to "lagging behind" in the science and technology methodology.
It can be proved that E&P is indeed significantly stuck in 20th century principles and concepts.

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The reality of – big crew change in E&P.

  1. 1. Change is also changing in hitherto unknown ways! PERSPECTIVES - BIG CREW CHANGE Modified from a presentation made at Petrotech-2014 Pre-Conference workshop “Leveraging IT resources for enhancing energy security” on 10-Jan-2014 @ The Lalit, New Delhi
  2. 2. Crew of the Great Alexander Dr. G Srikanth. 13-Jan-14 2
  3. 3. 20th century army (last seen in action Iraq war) Dr. G Srikanth. 13-Jan-14 3
  4. 4. 21st Century war Micro-drones 1. Autonomous micro-drones 2. Cyber warfare 3. Bio-warfare 4. Video Games as training fields 5. +++ Dr. G Srikanth. 13-Jan-14 4
  5. 5. Transformational Changes Every change is not transformational Dominant Areas 1. Communications  1970- 2014 : From telegram to Live-video interaction: everywhere. Social Networks is offshoot 2. Systems Biology 19902014 : From descriptive, classifications to dynamic numerical science 3. Warfare  2000-2014 : Bullet is old-fashioned? New Slide Significant Indicators & Results I. Quantum (10-100 times) improved access, reliability, performance II. A new hitherto unknown science. Quantum leap in understanding and assimilating . A new 21st century opportunity III. Control and governance through distributed highfidelity techniques Dr. G Srikanth. 13-Jan-14 5
  6. 6. Crew Change – Relevant Questions New Slide Is the E&P science & technology TRANSFORMATIONAL?  If Yes Does the Great Army has relevant – i)Learning; ii) Axiomatic Framework; iii) A3(Attitude, Aptitude & Abilities) ???  If Not Less progressive than other technology industries? ii) In the control of the Great Ageing Army? iii) E&P is unique and so resisting change? i) What is your call? Dr. G Srikanth. 13-Jan-14 6
  7. 7. E&P uniqueness and commonality 1. Guaranteed Demand : Supplier ability to 2. 3. i. ii. iii. iv. control prices by many methods Critical and irreplaceable product Self-determined growth and performance metrics Knowledge Intensive and Technology business Risk + Uncertainty Multi-disciplinary (~60 sciences & engineering) Data and methodology intensive Dr. G Srikanth. 13-Jan-14 7
  8. 8. New Slide All Sciences progress with time. A 30-50 year perspective would see every aspect of human endeavor change and develop  Changes can be simple, incremental, progressive and linear  Changes can be transformational INDICATORS, MEASURES AND METRICS OF CHANGES IN SCIENCES & TECHNOLOGIES OF E&P – IS A SEPARATE TOPIC Dr. G Srikanth. 13-Jan-14 8
  9. 9. E&P change is ‘Transformational’ New Slide 1. All transformational changes have used ‘computer science’ as the agent (including the communication revolution) 2. Completely new approaches have occurred in all such transformational areas. Paradigm changes in method, analysis & inference! 3. 50+Y aged workforce do not have any formal computer science learning 4. Why and How are they (at large) are becoming ‘critical’? Dr. G Srikanth. 13-Jan-14 9
  10. 10. E&P change is Not ‘Transformational’ 1. 2. 3. 4. 5. 6. New Slide Uncertainty (and Risk) continue to dominate (No 1 issue) Performance and Reliability in Discovery and Development are highly disparate ‘Computer Science’ is not learnt or practiced in any of the E&P Core-Disciplines (Geoscience, Reservoir Engineering, Petroleum Engineering, Drilling or Management) Empirical models developed in 20th century drive - Black-box tools supplied by ‘service companies’ HPC and computation is from use of tools on volume data (created by transformational electronics and device industry) Offshore- Deep-offshore- Shale-gas are new industrial frontiers of the E&P – supported by the high prices and rapid growth in engineering technology Dr. G Srikanth. 13-Jan-14 10
  11. 11. 21st century Science paradigm 1. Data Intensive Scientific Discovery (DISD) 2. Discovery using Petabytes of databases 3. Crowd-sourcing “innovation”, “discovery” and “growth” 4. Radically changed from 20th century approaches 5. Intensely dependent on “Computer Science” EXAMPLES: Proteomics, Genomics, Particle Physics, Astronomy, Medicine etc. Dr. G Srikanth. 13-Jan-14 11
  12. 12. Crew change as Opportunity Elevate E&P to 21st century science methodology Provide a measured (higher) efficiency in performance  Bring accountability E&P cannot be unique among human endeavors. Crew change is not specific to E&P Other have changed their science models – E&P is retaining the past Dr. G Srikanth. 13-Jan-14 12
  13. 13. Cook-book for change – A new modern Army 1. Computer Science as a pillar: Include in Academic programs & Professional competency matrix 2. Data as central: Capture both structured and unstructured data into organized repositories {Data into Databases} 3. Workflows & Analytical methods: Broad based, repeatable, verifiable, and open (e.g. biosciences) 4. Collaboration: Reassess the ‘secrecy’ model Dr. G Srikanth. 13-Jan-14 13