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Driving Down Cost Through
Operational Efficiency
Hamdi Mohamad
14th October 2014
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 3
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 4
▌Safest, Cheapest Way Possible
▌R.O.I is paramount
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 5
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 6
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 7
Engineering Data Analysis Using
Historical Data
▌Vendor & Sources Neutral
▌Business Intelligence Model
▌Ability to quickly identify bad/missing data
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 8
MD Op Range
RO
P
Bit Analysis
MD Op Range
Dura
tion
MD Op Range
RO
P
Du
ratio
n
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 9
NPT Analysis
NPT Cause Code Total Time NPT Cause Code Total Time (w/out WOW) NPT Cause Code Total Cost CMT NPT Total Time By Wells CMT NPT By Service Company
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 10
Predictive Analytics
▌What would you do if you could predict the future?
▌Predictive Analytics using Real Time Data
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 11
Predictive Analytics
▌Model built with current & historical real time data
▌Model is updated automatically after an event
▌Ability to follow set of pre determined rules
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 12
Predictive Analytics with Real Time Data
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 13
In Summary
▌Historical analysis allows better planning
Economical
Operational
▌Make use of available data
Real Time Data
Daily Reports
▌Application of Predictive Analytics in Real Time Operations
© 2014 HALLIBURTON. ALL RIGHTS RESERVED. 14
Thank you. Questions?