Digital technologies are exerting strong influence on oil and gas. Sensors generate data, artificial intelligence reads the data, robots use the data, cloud stores the data, blockchain provides the trust and confidence in the systems.
4. DigitalInnovations
Digitalbuildingblocksaregrowingexponentially
Apple watch = Cray
Supercomputer
Power consumption falling
2016 - 8b sensors
2020 - 20b sensor
Open source
1Confidential
2015-2016: 90% of all data ever
recorded and stored
1 flight = 1 terabyte
North West Refining - 25000
sensors
7.7 b mobile phone
subscriptions
1 terabyte/month - 1974
Internet traffic
1 terabyte/second - 2016
internet traffic
Data Analytics Communications
9. DigitalInnovations
“InternetofThings”sensorsproducedata
• Low cost and falling to zero
• Rapid growth in numbers
• Susceptible to attack
• Constrained by networks
• Added to things, people
1Confidential
• LIDAR, GPS, BIM
• High definition
• Mines creating central control
rooms
• Small number of digitally literate
worker on site
10. DigitalInnovations
Cloudcomputingstoresthedata
• Base platform for most other digital
innovations (data density)
• Internet-accessible shareable
compute and data storage
• Secure, rapid scale up, down
• Transforms software distribution
• Strands proprietary in-house
solutions, data centers
1Confidential
• CIA fully shifted to cloud
• Hess
• Real time sharing
• New business models
• Fully paperless
• eDesign and 3D printing to speed up
11. DigitalInnovations
ArtificialIntelligencereadsthedata
• Cognitive skills through computers
• Visual perception, language
processing, environment
manipulation, tools
• Augment human decision making
• Data analysis and interpretation
• Remove automated supervision
• Applications in robots
• Digital twins of assets (3D, 4D -
budget, 5D - schedule)
• Teaching the machine
1Confidential
• IBM Watson at Woodside, Plains,
Suncor
• Contract interpretation
• Predictive maintenance
• +100k document handling
• 3D platform modelling
12. DigitalInnovations
Robotsapplythedata
• Remote-controlled unmanned
vehicle
• Aerial, surface, subsurface, sea,
subsea, space
• Targeting dangerous, costly,
routine work
• 3D scan of sites to produce better
job insight
• Driving, diving, operating
• Anything with a human operator
• Heavy haulers, trains, trucking
• Autonomous rigs
• geo-scouts
• Mindtree - 300 “bots”
• Robo-advisors
• Robotic process automation
• Engineering document control
13. DigitalInnovations
Blockchaincreatestrustinthedataandtherobots
• Combines encryption, cloud
computing to enable trust
• Immutable, distributed,
decentralise
• ATOMIC - Assets, trust, ownership,
money, identity, contract
• Trading - low friction, cost
• Tracking - supply chain
• Enables agency in things - drones
• Use cases - pork, diamonds, assays,
art, cars
• Underpins sharing economy
• Basis for crypto economy
• Creates new business models
14. DigitalInnovations
Additivemanufacturingprintstheparts
• 3D design, spray nozzle, object build
up
• Collaborative designs - design,
engineering, print, packaging,
materials
• 3D scanned environments to
produce tools, jigs, parts, alignment
• Exponential improvements in
cost/performance
• Low waste, lighter, nimble, lower
carbon, fewer parts, more intricate
• Tires, eyeglasses, shoes, food, toys,
art, buildings, bridges, parts,
weapons
• Shared paperless designs
• Supply chain transformation and
fuel reduction
15. DigitalInnovations
DigitalRealityhelpshumanstodesigntheoverallsolution
• Augmented reality, mixed reality,
virtual reality
• Integrate with geocodes to work
with unseen assets
• Collaborative maintenance and
support
• Heads, tablets required
• IoT and MR working together
• Aeronautics - tool tips, analysis aids
• Mercedes auto plants
• Use cases in design, training, build,
debottlenecking, assembly
• Google Glass
16. DigitalInnovations
EnterpriseResourcePlanningprovidesthecommercialplatform
• High quality data required to enable
digital
• Moving to the cloud
• Cloud-based in-memory data storage
• Enabling mobility, off-line access
• Flat database design
• Single database architecture
• Direct connections with devices,
things
• Redesign of back office work
• Fully paperless
• Integration with operations
technology
17. DigitalInnovations
Combiningtechnologiestoworktogetherseemstobekeytoachievingbreakoutgains
Industrial grade Boeing drones
Onboard sensors - LIDAR
API integration to SAP, Maximo, land
AI to read JV contracts
RPA to create royalty calculation
Blockchain to create smart contract for
payment
Sensors on turbine
Edge computing to run asset
Cloud computing to collect data
GE Predix to provide AI data analysis
NAL Royalties Shell Drones GE Turbines
1 field tech/10 wells -> 1 field tech/150
1 drone -> 150 well inspections/night
800 seconds/contract -> 90
Business volume double, no opex growth
50+ FTE in contract admin eliminated
AP eliminated
New businesses - turbines as a service
Customer lock in
Product enhancements
18. DigitalInnovations
industryincumbentsareatriskofdisruption
Digitalinnovationsareunlockingnewbusinessmodels
Resource Value
Aggregation of resource data by smaller
players in the cloud allows smaller players
access to similar services as larger players.
02
01
Asset Ownership
GE predix enables subscriptions for assets by
separating ownership of asset from operating
data about the asset, maintenance
04
03
05
06
Apps for Fuel Delivery
Fuel delivery to a vehicle (rather than vehicle
at a retail station) renders retail sites
obsolete. Same with autonomous vehicles
that self fuel.
New financial assets
Blockchain and internet of things transforms
reliability and trust of data to create new
financial asset classes (carbon, royalties,
rentals)
MOBI
Autonomous devices on blockchain enable
peer to peer transactions for fuel, parking,
insurance.
Robotics
Autonomous haulers pay for themselves, but
the big prize is in the digital twin of the end to
end mine