Following the award of its smart fields systems integration to SAIC (see last month’s Oil IT Journal) Shell has now teamed with Schlumberger’s Information Solutions unit to cooperate on a new ‘Smart Fields’ initiative. The new alliance will focus on developing real-time workflows for production optimization, including solutions that integrate the shared earth model with real-time production and drilling information in a ‘risk-based distributed decision framework.’
Darley
Shell E&P CTO John Darley said, ‘The goal of the alliance is to create enabling technologies for oil and gas field development. The initiative is in line with our broader strategy of collaborating with external partners to accelerate new technology take-up. By combining our technologies with partner organizations, we aim to accelerate the development of commercially viable platforms, toolkits and Smart Fields solutions.’
Goode
SIS president Peter Goode added ‘This alliance will combine our knowledge and experience to address business and operational processes and help develop real-time, i-enabled solutions to improve the field development process.’ The new systems will enable information to be captured, analyzed and ‘proactively used’ to enhance business performance through predictive risk-based decision-making.
© Oil IT Journal - all rights reserved.