Read Sanjib Chowdhury - Wiley Series on Oil and Gas Technology: Optimization and Business Improvement Studies in Upstream Oil and Gas Industry FB2, TXT
9781119100034 1119100038 Delves into the core and functional areas in the upstream oil and gas industry covering a wide range of operations and processes Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas - deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves - deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. "Optimization and Business Improvement Studies in Upstream Oil and Gas Industry "contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize Productivity of drilling operations Controllable rig time loss Deepwater exploration strategy Rig move time and activity schedule Offshore supply vessel fleet size Supply chain management system Strategic workforce and human resource productivity Base oil price for a country Standardize consumption of materials Develop uniform safety standards for offshore installations Improve organizational efficiency through business process simplification The book will be of immense interest to practicing managers, professionals and employees at all levels/ disciplines in oil and gas industry. It will also be useful to academicians, scholars, educational institutes, energy research institutes, and consultants dealing with oil and gas. The work can be used as a practical guide to upstream professionals and students in petroleum engineering programs. Sanjib Chowdhury is working in a major oil company and has over thirty years of experience in cross-functional areas of Strategic and Corporate Planning, Optimization and Business Improvement, HR and General Management in Upstream sector. He has held responsible positions and carried out many impressive work and studies in these areas - this book is a testimony of that. He holds B.Tech, M.Tech., and Ph.D. degrees in Industrial Engineering & Management all from Indian Institute of Technology, Kharagpur and published several technical papers in journals of repute., Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas - deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves - deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. The book contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize - (a) Productivity of drilling operations (b) Controllable rig time loss (c) Deepwater exploration strategy (d) Rig move time and activity schedule (e) Offshore supply vessel fleet size (f) Supply chain management system (g) Strategic workforce and human resource productivity (h) Base oil price for a country (i) Standardize consumption of materials (j) Develop uniform safety standards for offshore installations (k) Improve organizational efficiency through business process simplification, which have potential of saving billions of dollars, besides enhancing organizational efficiency., Upstream oil and gas companies are faced with challenges of containing rising cost and improve efficiency in all spheres of Exploration and Production (E&P) activities. The book deals with optimization and business performance improvement studies in the backdrop of upstream oil and gas industry, these strategies can also be applied to other industries. The book contains eleven real-life studies covering a wide range of activities and processes.Topics covered include optimization of resources, opportunities and cost, improvement in business performance and operational productivity in core activities, identify and remove inefficiencies, standardize consumption of materials, standardize important safety measures, process reengineering for improving organizational efficiency, improvement in human resource productivity and so on.
9781119100034 1119100038 Delves into the core and functional areas in the upstream oil and gas industry covering a wide range of operations and processes Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas - deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves - deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. "Optimization and Business Improvement Studies in Upstream Oil and Gas Industry "contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize Productivity of drilling operations Controllable rig time loss Deepwater exploration strategy Rig move time and activity schedule Offshore supply vessel fleet size Supply chain management system Strategic workforce and human resource productivity Base oil price for a country Standardize consumption of materials Develop uniform safety standards for offshore installations Improve organizational efficiency through business process simplification The book will be of immense interest to practicing managers, professionals and employees at all levels/ disciplines in oil and gas industry. It will also be useful to academicians, scholars, educational institutes, energy research institutes, and consultants dealing with oil and gas. The work can be used as a practical guide to upstream professionals and students in petroleum engineering programs. Sanjib Chowdhury is working in a major oil company and has over thirty years of experience in cross-functional areas of Strategic and Corporate Planning, Optimization and Business Improvement, HR and General Management in Upstream sector. He has held responsible positions and carried out many impressive work and studies in these areas - this book is a testimony of that. He holds B.Tech, M.Tech., and Ph.D. degrees in Industrial Engineering & Management all from Indian Institute of Technology, Kharagpur and published several technical papers in journals of repute., Oil and gas exploration and production (E&P) activities are costly, risky and technology-intensive. With the rise in global demand for oil and fast depletion of easy reserves, the search for oil is directed to more difficult areas - deepwater, arctic region, hostile terrains; and future production is expected to come from increasingly difficult reserves - deeper horizon, low quality crude. All these are making E&P activities even more challenging in terms of operations, technology, cost and risk. Therefore, it is necessary to use scarce resources judiciously and optimize strategies, cost and capital, and improve business performance in all spheres of E&P business. The book contains eleven real-life optimization and business improvement studies that delve into the core E&P activities and functional areas covering a wide range of operations and processes. It uses various quantitative and qualitative techniques, such as Linear Programing, Queuing theory, Critical Path Analysis, Economic analysis, Best Practices Benchmark, Business Process Simplification etc. to optimize - (a) Productivity of drilling operations (b) Controllable rig time loss (c) Deepwater exploration strategy (d) Rig move time and activity schedule (e) Offshore supply vessel fleet size (f) Supply chain management system (g) Strategic workforce and human resource productivity (h) Base oil price for a country (i) Standardize consumption of materials (j) Develop uniform safety standards for offshore installations (k) Improve organizational efficiency through business process simplification, which have potential of saving billions of dollars, besides enhancing organizational efficiency., Upstream oil and gas companies are faced with challenges of containing rising cost and improve efficiency in all spheres of Exploration and Production (E&P) activities. The book deals with optimization and business performance improvement studies in the backdrop of upstream oil and gas industry, these strategies can also be applied to other industries. The book contains eleven real-life studies covering a wide range of activities and processes.Topics covered include optimization of resources, opportunities and cost, improvement in business performance and operational productivity in core activities, identify and remove inefficiencies, standardize consumption of materials, standardize important safety measures, process reengineering for improving organizational efficiency, improvement in human resource productivity and so on.