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My Book on Strategic Decision Making

My Book on Strategic Decision Making
Applying the Analytic Hierarchy Process
Showing posts with label Oil and Gas. Show all posts
Showing posts with label Oil and Gas. Show all posts

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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