Petrotechnical experts working on exploration projects spend more than half of their time finding and preparing the data they need to make their decisions.
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Together with our partners, we are developing the solutions we believe will meet the industry’s needs.
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Through this ecosystem of extended knowledge, Schlumberger now has deeper access to the best and most advanced digital technologies and capabilities available today. In line with our long history of working with research and engineering partners, these centers have formed strong relationships with an extensive network of leading digital technology companies, creating building blocks of expertise in areas such as cloud technology, data analytics, machine learning, artificial intelligence, robotics, and automation. Over the last three years, Schlumberger has created technology centers that innovate within the rapidly evolving world of digital technology and automation. Schlumberger believes that achieving this will require a profound change in the way the industry operates and interacts-changing the way we work and yet also changing the very nature of that work.Īchieving change entails a new collaborative mindset, end-to-end systems knowledge, and redesigned business models that firmly establish and support new ways of working based on innovative technology and domain expertise. The new approach requires a complete understanding of what each element contributes to the entire chain. Innovation around a single element of the E&P development chain cannot maximize efficiency if done in isolation. This new approach requires a system-level view to fully optimize the finding, development, and production of new oil and gas resources as well as the operation of existing oil and gas fields. In addition, the current medium-for-longer oil price environment demands a new approach for the E&P industry. To tackle this challenge, Schlumberger has the domain expertise and global experience in every step of the E&P process, a knowledge that stems from our focus on the science of subsurface measurement since the company’s foundation.
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#Digitize well log techlog software
Integrating digital technology into E&P workflows requires extensive domain expertise about the entire system-from hardware and software technologies to the complexity of the data and numerous systems involved. The industry’s traditional way of working presents barriers to the sharing of data and technical knowledge among the domain experts who make important decisions directing the discovery and development of oil and gas resources. In addition, value from new digital workflows will be increasingly shared between Schlumberger and its customers as we commercialize new technologies and further enable existing products and services.Īlthough digital technology has been integrated into nearly every facet of our personal lives, its adoption in the E&P industry has been limited. Schlumberger is already capitalizing internally on the value unlocked by digital enablement. This new software moves beyond incremental change-it represents a new way of working that provides new opportunities, unmatched performance, and a step change in efficiency. Today, digital enablement permeates everything Schlumberger does-from research and engineering, manufacturing, operations, and maintenance to resource planning.īuilding on our domain expertise and our leadership in hardware and software, Schlumberger is also developing new software and a digital foundation that removes barriers between disciplines to create seamless digital workflows for all E&P domains.
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Digital enablement is revolutionizing many industries, yet its adoption by the E&P industry has been limited to date.