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