Data Collection and Analysis in The Oil And Gas Sector
Strategic data collection and analysis in the oil and gas sector is nothing new. For years, the industry has utilized cutting-edge data collection methods to drive critical business decisions. But today’s market demands more. Indeed, to keep ahead of the pace, and to be a leading player in the sector , oil and gas companies need to embrace the current digital revolution.
There is ample evidence to underscore that the development and implementation of a clear digital strategy is critical for long-term success. Moreover, the digitalization of business and operating models can significantly accelerate a company’s growth, providing the potential to overcome existing competitors and unlock new levels of productivity and profitability.
Webinar presentation on the digital development and implementation for the oil & gas industry featuring Walter Pesenti, Senior Vice President at Nathan Associates. The focus is on lessons learned, next steps, and building the business case for oil & gas organizations to accelerate their success through digital technology.
During the webinar, Walter Pesenti will draw from his long career advising industry clients and present the current market context and business case for embracing digital technology in the oil & gas sector. He will illustrate success factors, challenges, and routes to optimize and incorporate digital technology. He will delve into questions such as: What areas of operations is digital technology impacting the most? What is the typical value realization experienced by the industry? What are the value levers and value generation of digital technology? What are some of the “business questions” about digital asked by business leadership? Pesenti will discuss views and insights on “making digital work,” and explore the different types of behavioral changes required by corporate leaders.
The webinar will take place on Thursday, October 4 at 9:00 am San Diego (11:00 am Houston time; GMT/UTC – 8 hours). Mr. Pesenti’s formal presentation will be followed by a live Q&A session with the audience.
In addition, a white paper featuring Nathan Associates latest research on digitalization and experiences from the oil & gas sectors will be distributed to attendees at the end of the session.
Mexico’s Electric Sector Renewable Energy Deployment
For years leading up to the 2013/2014 structural reforms, Mexico’s electric sector faced major challenges ranging from high generation costs, a lack of investment on transmission and distribution lines and networks and limited renewable energy deployment. The challenges had important impacts on the sustainability of the nation’s power sector and Mexico’s economic competitiveness more broadly.
A significant element of the reforms was the transformation of national energy firms Pemex and CFE to state-productive companies. Additionally, the reforms threw off many of the restraints on private and international investment and, historically, established a new electric market where generation and commercialization of electricity is open to competition.
As part of the new electric market and transformation of CFE, the Ministry of Energy (SENER) published the “terms for the Strict Legal Separation of the Federal Electricity Commission” or TESLS for its acronym in Spanish. The TESLS institutes the new company’s structure, approved by the Board of CFE that prescribes the company to be divided vertically and horizontally in state productive or affiliates. In the new market structure, CFE remains as the primary retail supplier of electricity. However, as part of the reforms the company is undergoing a major overhaul and transformation into a holding company with separate generation, transmission, distribution, supply and marketing subsidiaries that operate semi-independently.
Webinar presentation with Jorge Araujo, CFE’s Director of Financed Investment Projects. He will share insights on CFE’s restructuring and transformation, and where the implementation stands today in the context of Mexico’s energy reform and electric market.
The webinar will be held Friday, July 27 at 10:00am San Diego (12:00 pm Mexico City time; GMT/UTC – 8 hours). Araujo’s formal presentation will be followed by a live Q&A session with the audience.
A member of OPEC, Ecuador in many ways remains largely a hydrocarbons economy. The South American nation counts proven reserves of 8 billion barrels (BP 2016 estimate) and produces 517,000 barrels per day as of June 2018.
Regarding the power sector, Ecuador is known for having a robust transition system and is part of the Andean countries interconnection system or SINEA in Spanish (Sistema de Interconexión Eléctrica Andina | SINEA). The country’s electric sector is increasingly dominated by hydropower that grew from 49% to an estimated 83% last year. On the other hand, unconventional renewables remain below 2% of the country’s generation. Diversification of the energy matrix is key for countries such as Ecuador due to the seasonal nature of hydropower generation.
Under the Presidency of Lenín Moreno, Ecuador has proclaimed its interest in attracting international investment in all segments of the country’s energy and natural resources sector. Bid rounds in the oil sector are underway as are major efforts to attract a diverse range of investment in the nation’s power and mining sector.
As part of the reorientation of the Moreno´s government for the energy sector, the Ministry of Hydrocarbons, the Ministry of Electricity and Renewable Energy as well as the Ministry of Mining are undergoing a major institutional reorganization that will lead to the establishment of one Ministry of Energy and Non Renewable Natural Resources. The Minister, Mr. Carlos Pérez will lead the Ecuadorian effort in generating a dynamic sector which fosters foreign investments, environmental consciousness and transparency. Taking a pragmatic approach that benefits all stakeholders, this sector is expected to become a driving force in the development of the country, where there will be opportunities for respected partners who want to be part in the new era of energy and resources in Ecuador.
For a webinar presentation with José Antonio Cepeda from Ecuador’s Ministry of Energy and Non Renewable Natural Resources, who currently serves as advisor to the Minister, OPEC National Representative and Member of the IEF Executive Board. He will share insights on the latest policy developments, investment opportunities and sector restructuring underway.
The webinar will be held on Wednesday, September 12 at 9:00am San Diego (11:00 am Quito time; GMT/UTC – 8 hours). Mr. Cepeda’s formal presentation will be followed by a live Q&A session with the audience.
Date: August 3, 2017 Time: 11:00am San Diego (1:00 pm Mexico City and Bogotá; GMT/UTC – 8 hours) Contact: Jacqueline Sanchez
The continued volatility and lower-for-longer oil price environment, among other factors, has reduced some of the attention from Latin America’s shale plays. But what has not changed is the region’s unconventional resource potential. Latin America counts several of globe’s largest unconventional reserves. The US Energy Information Administration (EIA) ranks Argentina second globally in terms of technically recoverable shale gas resources, while Mexico holds the world’s fourth largest resources. Colombia is also an important reserve holder of unconventional reserves. How these countries continue to progress with development of these resources remain critical questions not only for their own energy outlook but also regional oil and gas production trends.
Webinar and virtual panel discussion featuring Aldo Flores, Deputy Minister for Hydrocarbons in Mexico and Rafael Herz, Vice President for Exploration at the Colombia Petroleum Association (ACP). The webinar will be held Thursday, August 3 at 11:00am San Diego (1:00 pm Mexico City and Bogotá; GMT/UTC – 8 hours).
The panel will take stock of the current outlook for unconventionals across the region and provide updates on the latest developments in terms of regulation and licensing rounds, key issues confronting further development, the outlook for the coming months and years.
The march of innovation and transformation in the global energy business shows no sign of ebbing. Industry and government alike across our hemisphere are looking to technological solutions for the vexing challenges of a modern energy sector that supports economic development in a sustainable manner. Technological innovation is poised to be a key element for insuring the energy industry’s profitability and competitiveness and perhaps nowhere is this more critical than with digitalization and data. By some accounts we generate 50,000 gigabytes of data per second. There are myriad ways to unravel and analyze this data. The Industrial Internet of Things (IoT) and increased use of data analytics are increasingly part of the energy transition conversation, principally in terms of boosting productivity and adding value. But where exactly are we today in this rapidly evolving dynamic and what is different, and why does it matter?
Webinar discussion and analysis with Dominic John on the role of digitalization, data analytics and what the distinctions are between digital prey and digital predators. Dominic John is Vice President of Marketing and Technical Communications at OSIsoft.
The webinar will be held Thursday, July 6 at 11:00am San Diego (2pm Washington, DC; GMT/UTC – 8 hours). The formal presentation will be followed by a Q&A session with the audience.
The success in Mexico’s deepwater auction and Pemex joint venture last December may prove a harbinger of a more positive outlook for Latin America’s oil and gas sector. Indeed, the first few months of the year point to increased activity in Brazil, Argentina, and Colombia while Mexico appears set to continue its aggressive oil and gas auction rounds this year. Brazil is conducting bidding while relaxing stringent local content requirements. Meanwhile, the major oil discovery in Guyana could boost interest in its neighbors. Overall, there are several positive trend lines that amount to an exciting outlook and race to the top for countries across the region.
Join us for a webinar discussion with RoseAnne Franco and her analysis on the region’s political economy and what these trends signify for oil & gas in 2017 and beyond. RoseAnne Franco is Head of Oil & Gas Risk at the firm Verisk Maplecroft.
The webinar will be held Thursday, April 20 at 11:00am San Diego (1pm Houston; GMT/UTC – 8 hours). Franco’s formal presentation will be followed by a Q&A session with the audience.
#CONTEST #Bogota: We're eager to broaden participation in our new #Energy Transition Initiative (#ETI) & would like to have you involved. RT this link and you will automatically enter into a contest to win a #complimentary pass to our #Colombia Roundtables https://t.co/fru0HBWN38
El Secretario Ejecutivo, Alfonso Blanco, participó en la Mesa Redonda sobre la #transiciónenergética en Centroamérica, que se realizó en San José-Costa Rica. Espacio en donde inició el diálogo y colaboración con @iamericas y #EnergyTransitionInitiative #ETI
3, 2, 1…Launch! 2018 #Science and #Innovation Summer Camp was a success this year with students testing their rockets. The rocket launch was one of the many projects our students worked on throughout the camp. Look at it go! #IOASTEM