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Intelligent oil fields for exploration and production from IBM

Executive summary Business view Technical details
The goal
Imagine the exploration and production possibilities
As an upstream petroleum production company, you need tools that enable evaluation and action—on demand—so you can respond more quickly. Intelligent oil fields for exploration and production from IBM helps enable remote, collaborative management of reservoirs, facilities, plant, and equipment—with near realtime information.

The advantage
Helping to refine your business
Together with key business partners, IBM is well equipped to implement a comprehensive exploration and production solution.
  • IBM offers upstream petroleum producers the resources of our vast R&D infrastructure that can help develop pattern recognitions and other algorithms.
  • With deep industry skills and experience in the petroleum marketplace, we can help you improve production efficiency and reduce lifting costs.

The benefits
Now is the time
Intelligent oil fields for exploration and production from IBM can help you to better and more effectively:
  • Evaluate and execute drilling programs for better reservoir management.
  • Maximize profit from producing assets.
  • Leverage a diminishing technical workforce.

We can help you develop a strategy and implement the infrastructure that answers your top priority areas:
  • Data collection
  • Intelligent alarms
  • Targeted work scheduling
  • Knowledge sharing
  • Collaboration
  • Exception notification
  • Data and tool efficiency

We combine collaborative interaction, automation and collective analysis to optimize uptime and exploration and production by helping you make more accurate and informed business decisions with:
  • Near realtime data collection and application implementation.
  • High performance computing and visualization tools.
  • Data mining to take information on reservoir and wells so that better decisions can be made and production maintained or enhanced.
  • Pervasive computing devices for field optimization and better collaborative interactions.
  • Control room portals and alarms for better decision implementation and collaboration.

The approach
Have a look at what we can do in exploration and production
An intelligent oil fields for exploration and production pilot program is currently underway, allowing us to demonstrate our full capabilities in this space. Vendor alliances have been developed to leverage existing relationships with world-class companies such as Landmark Graphics and Interwoven.

We've also created the Upstream Center of Excellence (CoE) to facilitate the development of new value-add intelligent oil field capabilities for oil and gas clients. This CoE is a focal point for the development of our solutions for upstream petroleum and it demonstrates our commitment to the industry.

The financial advantage
The tools to lower cost
Whether it's onshore or deep water oil, shallow water or onshore gas, intelligent oil fields for exploration and production from IBM can help you improve your bottom line.
  • Minimize lifting costs through remote monitoring and optimized operations by better allocating your limited resources to the most productive assets.
  • Maximize production and return on investment over the life of your assets.
  • Reduce costs by improving supply chain processes to spot bottlenecks.

Next steps
 
Questions about this solution? Contact an IBM chemicals and petroleum specialist.



Resources
IBM and SAP in the Oil and Gas Industry (1.24MB)
More information: IBM Maximo for oil and gas
Supporting lean manufacturing principles with IBM Maximo Asset Management
Enhance operational sustainability with IBM Tivoli and IBM Maximo solutions for the chemical and petroleum industries
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