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www.yourcompany.com 1 Maximizing Productivity through Digital Transformation IntelliStream TM A New Frontier In Upstream Productivity geoilandgas.com

Maximizing Productivity through Digital Transformation · Maximizing Productivity through Digital Transformation ... in upstream oil and gas ... IntelliStream Brochure_050917_04.key

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Page 1: Maximizing Productivity through Digital Transformation · Maximizing Productivity through Digital Transformation ... in upstream oil and gas ... IntelliStream Brochure_050917_04.key

www.yourcompany.com 1

Maximizing Productivity through Digital Transformation

IntelliStreamTM

A New Frontier In Upstream Productivity

geoilandgas.com

Page 2: Maximizing Productivity through Digital Transformation · Maximizing Productivity through Digital Transformation ... in upstream oil and gas ... IntelliStream Brochure_050917_04.key

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The journey starts in upstream oil and gas…

Unplanned Downtime

Costly Downtime $20B

average impact in unplanned downtime (almost 5% of production)

13% average well downtime (8% planned and 5% unplanned)

…with a focus on increasing efficiency and profitability, reducing cost and managing resources…Digitalization Enables

You See The Future Before It Happens

Ever y thing has a lready been taken

care of !

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…and optimizing production.

5 - 8% BOPD per well

How to produce more with what you have?

Today

Tomorrow

Digitization helps you enhance productivity.

Page 4: Maximizing Productivity through Digital Transformation · Maximizing Productivity through Digital Transformation ... in upstream oil and gas ... IntelliStream Brochure_050917_04.key

Solving these challenges requires a change on how you operate.

Game-changing cloud technology

Complete data integration and visibility

Industry trusted analytics

Self-learning model

Innovative user experience

The key to do this is to use a purpose-built enterprise software that delivers upstream productivity across reservoir, wells, network, facilities and people.

Unplanned Downtime

Average Well Downtime

Average Daily Impact per Well

Total Yearly Impact

TODAY TOMORROW

($20K) ($12-18K)

($20B) ($12-18B)

13% 8-12%

Average Recovery

35%

TODAY

43%

TOMORROW

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IntelliStreamTM addresses non-productive time and production optimization in a single pane of glass.

Break down data silos using a cloud based unified asset model

Scalable, real-time cloud applications with compelling user interfaces that are always up to date

Digital Twins, Analytics & Self Learning Models Fast and evergreen models uncover insights that are lost between data silos

Edge to cloud span End to end solutions in a single application suite

Leverage customer’s current investments Open platform & ecosystem works with existing systems & equipment

IntelliStreamTM helps you see the future and answer the right questions.

“What does the data mean?”

“Am I meeting my goals?”

“What should I prioritize?”

“When do I need to take action?”

See the past in a new way with tools to quickly view

operating conditions and make

better decisions.

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IntelliStreamTM enhances decision making.

Raw Data Machine Learning / AI

Hybrid Physics / Analytics

Process

Integrated Operations

Assets e.g. Artificial Lift

System of Assets

e.g. Well

System of systems e.g. Oilfield

Machine Learning

Domain Models

Learning Systems

Approach

IntelliStreamTM is intelligent.

GE’s Digital Twin continuously increase insights in each asset to deliver specific business outcomes and satisfy adaptability, scalability at all times.

𝞱)G(r))]+ 1—r2 —∂∂t

𝞿(𝞱) 1r— dr

d (r—dGdr

)

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Your destination delivers enhanced productivity, reduced operational complexity and improved resource utilization.

IntelliStreamTM helps you get there.

…modern IT technologies, to be truly extensible to OT, will need a hybrid cloud approach, with by far the majority of data and processing residing at the so-called “Edge”.

David Floyer, CTO & CO-FOUNDER, WIKIBON

You are already on this journey…

Any executive thinking about a Digital Transformation strategy would be well advised to take a page out of the GE book.

Matthew Littlefield, “MONDAY MUSINGS: DIGITAL TWIN, COMBINING DIGITAL AND

LEAN, & SHADOW QUALITY COSTS, “ MARCH 7, 2016, LNS

Phase 1 ACCELERATED

RESPONSE

Data Collection & Visualization

Monitoring & Diagnostics

Phase 2 REDUCE

NPT

AnalyticsOptimization & Prediction

Artificial Intelligence

Phase 3 OPTIMIZE

PRODUCTION

Autonomous / Demaned

Operations

Phase 4 AUTONOMOUS

OPERATIONS

Page 8: Maximizing Productivity through Digital Transformation · Maximizing Productivity through Digital Transformation ... in upstream oil and gas ... IntelliStream Brochure_050917_04.key

© 2017 General Electric Company – All rights reserved. GE Oil & Gas reserves the right to make changes in specifications and time without notice or obligation. Contact your GE Oil & Gas representative for the most current information. GE and the GE Monogram, are trademarks of General Electric Company. GE Oil & Gas a division of General Electric Company.

About GE Digital GE Digital connects streams of machine data to powerful analytics and people, providing industrial companies with valuable insights to manage assets and operations more efficiently. World-class talent and software capabilities help drive digital industrial transformation for big gains in productivity, availability and longevity. We do this by leveraging Predix, our cloud-based operating system, purpose built for the unique needs of industry. About GE Oil & Gas GE Oil & Gas works on the things that matter in the oil and gas industry. In collaboration with our customers, we push the boundaries of technology to bring energy to the world. From extraction to transportation to end use, we address today’s toughest challenges in order to fuel the future. www.geoilandgas.com. Follow GE Oil & GAs on Twitter @ GE_OilandGas