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My Book on Strategic Decision Making

My Book on Strategic Decision Making
Applying the Analytic Hierarchy Process

Thursday, March 06, 2014

Technology Foresight using ALVIS - 7 Oil & Gas exploration technologies and their future scenario 2030

Oil Exploration Technologies of the future - Year 2030 scenario - the feasibility comparison

Last week I conducted a 210 minutes scenario planning exercise using our ALVIS framework (analytical logical value inventive and systems thinking) - for more on us please visit Crafitti 

7 key technologies emerged as interesting - for oil and gas exploration fields

using ALVIS we identified the 7 technologies and analyzed the feasibility of these 7 technologies in terms next 15 years or so - the 2030 oil exploration.

The relative feasibility map is below using the methodology of Analytic Hierarchy Process (AHP)

 


1. Reservoir Imaging: In the conventional data processing of the low frequency seismic reflections are typically neglected. However, these can be a rich source of information that can potentially help prospecting and understanding of potential of a reservoir much better. For an interesting take - look at this document.
2. Digital Oil Field : Focusing information technology to the core of petroleum business rather than doing the "IT department". Therein lies the key synergy. something on digital oil field
3. Intelligent Well Completion : the smart wells is the future as real time sensors can lead to quick reaction oil well completions. what slumberger has to say about it.
4. Polymer Flooding: every drop of oil that we can glean from the available sources will be a boon. Polymer flooding is one of the techniques to get there. what wikipedia says about these techniques.
5. Multi-lateral Drilling:    The LINK tells us about multi-lateral drilling - Multilateral drilling is the drilling of two or more horizontal production holes from a single surface location, normally with the objective to enhance productivity and lower overall cost.
6. Synthetic Drilling Fluids: The wikipedia link explains the synthetic fluids
7. 4D seismic surveys: The basic premise of 4D is a simple one. The method involves the acquisition, processing and interpretation of repeated seismic surveys over a producing field with the aim of understanding the changes in the reservoir over time, particularly its behaviour during production. Have a look at 4D surveys here.

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