Businesses working upstream in the Oil and Gas industry know that every challenge in exploration and production (E&P) operations starts with the word "more."
The world needs more energy, an estimated 40% to 60% more by 2030, according to Cambridge Energy Research Associates, Inc. (CERA). The so-called "easy oil" has been found, which means more challenges in finding and developing new reserves. Digital oilfield technologies collect and store more data than ever before-all potentially valuable, but the sheer volume is overwhelming.
Meanwhile, with many senior petro-technical professionals retiring and fewer new recruits available to fill the emptying ranks, there's more work for the remaining staff.
Workflow requirements are also changing dramatically. The fewer skilled professionals and experts must share their expertise across more projects worldwide. Greater data availability enables better insight but increases workflow complexity by changing traditionally linear processes into iterative, collaborative ones.
This demanding world of "more" means upstream businesses require more than ever from information technology (IT) solutions.
Collaboration is Key
IT solutions must deliver more visibility and collaboration enabling your workers to achieve greater insight faster while improving decisions. That means reliably and securely gathering the right data from asset and corporate systems and delivering it to the right person, right on time. Then, remote team members must have the tools to collaborate reliably and securely in real time, across traditional data and application boundaries as well as corporate, geographical and political boundaries.
Microsoft and its Partners Can Help
Microsoft has partnered with leading E&P solution providers to help your people transcend traditional barriers, achieve greater efficiency and make better decisions faster. Partners' E&P software, including high performance computing applications, equip workers to solve complex domain and operational challenges to secure new reserves and get to first production faster.
Combined with Microsoft business intelligence technologies, partner solutions enable you to fully leverage volumes of digital oilfield data to enrich the models upon which costly operational decisions are made. Partner high-performance computing applications are more accessible and manageable for remote asset teams when deployed on Microsoft HPC technologies. These solutions deliver results for all facets of upstream operations and the digital oilfield, such as real-time operations, production optimization, asset management, and health, safety and environmental (HSE) compliance.
More Insight, Faster
Partner applications tap the power of Microsoft platform technologies that enable people to manage workflows, analyze data and leverage volumes of digital information. The result is better insight that helps your people make more accurate projections, improve recovery rates, anticipate and resolve problems, and manage the inherent risks of E&P.
Our leading communication and collaboration technologies bring remote technical experts and asset teams together in iterative workflows, boosting productivity and knowledge transfer despite a shortage of qualified workers. Combined with partner solutions, Microsoft technologies allow fewer workers to be more productive and more efficient - delivering the "more" your business needs to satisfy the world's energy demand.
Global energy demand is surging during a critical shortage of skilled E&P workers. Meanwhile, digital oilfield technologies offer volumes of raw data to support real-time decisions. Microsoft and its partners deliver tightly integrated E&P solutions that address these changing workflow requirements. Together we help your people reliably and securely manage data, collaborate across boundaries, and achieve faster time to insight. The result is better decision-making throughout your organization, helping you control costs, accelerate time to first flow and improve recovery rates.
Key Benefits
Upstream Operations solutions from Microsoft and its partners help businesses:
- Accelerate time to first oil
- Optimize production
- Improve recovery rates
- Reduce operating costs
- Improve safety and environmental performance
- Increase return on assets
- Reduce time to insight and decisions
- Make better decisions
- Reduce risk
