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A single well, every day, But what is useful

can generate up to for decision making is


1 TB OF DATA ONLY 3%

How do you filter out the noise – and focus on what is important?

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2016 Halliburton. All rights reserved. 1
Data-Driven Oilfields
Uncovering Insights with Production Analytics

© 2018 Halliburton. All rights reserved.


Poll Question
Production #1 Challenges
Decision-making

What is the most pressing production operations challenge that you’re


experiencing today?

- Knowing how far we are from production goals and understanding why
- Data Overload - knowing what data should I pay attention to
- Time-delayed decisions caused by inefficient collaboration
- Minimizing deferments and better visibility to downtime
- Unable to easily spot high risk and underperforming wells

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2016 Halliburton. All rights reserved. 3
Asset Team
Production Challenges
Decision-making Challenges

How far are we What data should we pay How can we be aware of
from the production goals attention to for relevant activities from other
and why? reaching our goals? teams/domains?

How do we identify How do we spot problems How do we prioritize maintenance


high-risk wells and opportunities faster? and manage corrective actions?
ahead of time?
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2016 Halliburton. All rights reserved. 4
Global Challenges

Risk Performance Higher Well Count, Downtime and


Management Improvement Lower Head Count Production Loss

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2016 Halliburton. All rights reserved. 5
Data-Driven Decision Making
Moving from Reactive to Proactive

DISCOVERY UNDER-
INPUT AWARENESS STANDING

Capture and Information output Deeper insight Strategy optimization


stream and continuous and understanding prediction vs.
raw data KPI monitoring prevention

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2016 Halliburton. All rights reserved. 6
Data-Driven Decision Making
Cutting-Edge Technology + Cross-Domain Workflows

PEOPLE – PROCESS – TECHNOLOGY


Domain experts Cross-domain, Insights and better strategy,
cross-discipline data using technical disciplines
and workflows

To exceed production goals

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2016 Halliburton. All rights reserved. 7
Why Data Matters

Higher
PRODUCTIVITY
Operators with AND
data-driven = PROFITABILITY
decision making than their
competitors

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2016 Halliburton. All rights reserved. 8
Poll Question
Production #2 Challenges
Decision-making

Which Key Performance Indicator will be the most helpful in your


asset operations?

- Visual indicators of problem wells with alarms and alerts


- Estimated recoverable reserves with decline curve analysis
- Planned production vs actual, production loss and revenue
- Facility capacity, utilization and maintenance schedule
- Real time well performance and artificial lift indicators

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2016 Halliburton. All rights reserved. 9
DecisionSpace® Production Insights

Instant asset
awareness
for informed
decision making

2 hours
5 mins

Proven solution
in large assets

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2016 Halliburton. All rights reserved. 10
Benefits of Data-Driven Insights

Customizable Directly review Find solutions faster


dashboards to fit details to put with integrated
your specific needs production information workflows
within context
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2016 Halliburton. All rights reserved. 11
Benefits of Data-Driven Insights

Instant access
to key production Single reference across teams and domains,
information updated in real time
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2016 Halliburton. All rights reserved. 12
Benefits of Data-Driven Insights

Identify Instant risk analysis Instant drill-down


high-risk wells with automated with top-down
ahead of time well ranking integrity monitoring

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2016 Halliburton. All rights reserved. 13
Benefits of Data-Driven Insights

Faster diagnoses Faster responses Faster processes


with interactive status with automated with well barrier element
and schematics well failure model I/F closure tracking
on well barrier elements
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2016 Halliburton. All rights reserved. 14
Success Story: Onshore Mature Field – Integrated Digital Field Project

Challenges

 Complex onshore asset, consisting of five fields and more than 1,200 wells,
producing more than 800,000 barrels a day
 Needed faster turnaround on relaying production information to all asset teams
 Data was siloed into different teams, making it difficult to access other data groups

Solution

 Production analytics dashboards that:


 Monitor production gains, losses, and well events
 Integrate multiple data sources, including real-time data
 Contain customized electric submersible pump (ESP) monitoring and analytics

Results

 Revolutionized the speed of building production dashboards, from up to one month for just
one dashboard, to only 1–3 days
“Impressive and powerful.”
 Reduced the time for finding daily production information from more than 2 hours to under
“Puts all the data I need at my fingertips.” 5 minutes
“Makes my life much easier.”  Simplified reporting and obtaining information from other departments
– Engineers
© 2016 Halliburton. All rights reserved. 16
Success Story: Onshore Complex Assets

Challenges

 The subsidiary consists of 10 operational areas, with gas production exceeding


520 MMSCFD
 Needed a faster way to identify production opportunities and make decisions in order to
meet production targets
 Needed to improve access to data and convert it into aggregated actionable information​

Solution

 Production management dashboards that integrate and aggregate multiple data sources,
including from third parties, into production key performance indicators (KPIs) tailored to
their specific needs
 Integrated workflows that entail field data capture, allocation, accounting, and reporting

Results

“On the first day of deployment,​ just by​  Simplify depletion and production reporting, from tedious processes that take more than a
week to complete, to just a few clicks
reviewing the production figures, we
identified a data-quality issue that ​could  Speed up reporting process from a month to a day, incorporating additional information
lead to a wrong decision.”​ previously unobtainable
 Instant asset awareness from the first day – uncover problems that were previously
– Operations Superintendent unnoticed and buried inside spreadsheets
 Reduced IT cost of maintaining dispersed system and databases

© 2016 Halliburton. All rights reserved. 17


Poll Question
Production #3 Challenges
Decision-making

What operational challenge are you faced with today?

- Waterflood management
- Artificial lift surveillance and diagnostics
- Offset fracturing and frac hit design and mitigation
- Mass balance production allocation

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2016 Halliburton. All rights reserved. 18
CONCLUSION | DecisionSpace® Production Insights

Delivers instant asset awareness that equips asset team with:

1) Key production metrics


2) Intuitive, contextual drill-down
3) Access when and where needed

for better and faster decision making

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2016 Halliburton. All rights reserved. 19
© 2016 Halliburton. All rights reserved. 20

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