Refinery Complexity Talks

This morning’s webinar on the Worldwide Refinery Survey with Complexity Analysis with Daniel Johnston was a great success.  Thank you to everyone who attended.  Just in case you didn’t catch it this morning, never fear!  I recorded it.  You can view the recording here.  There’s even a discount code for PennEnergy Research‘s refining products included at the end.

Daniel did a fantastic job, and we got some great questions from the audience.  Find out information about how it all started, primary reasons to use the refinery complexity analysis, and how it all comes together.  If you view and have questions, just let me know, and I’ll suss out the answers for you.  After the webinar, if you want a copy of the slide deck, I can hook you up there as well.  Just email me at jthompson@pennwell.com.

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Big Data = Big Opportunity, But What A Pain in the…Processor

 

 

In the oil & gas Industry there’s a lot of change and growth happening. As more and more systems become automated and integrated, regulations change, and the market and competitive environment shift, information and knowledge become increasingly more important. Managing that influx of data becomes essential.  Whether this is used in the search for natural resources, understanding the global market, or managing safety and environmental risks, data is essential to make these business decisions.    In this white paper, Drilling for New Business Value, managing Big Data is the topic for discussion.

 

As the oil and gas industry continues to grow in complexity with changes in regulations, tighter margins, and possible infrastructure threats, executives need an easy way to view the increasing volumes of available data, make smarter, faster decisions, and create action plans in real-time. Leading oil and gas companies are recognizing that Big Data and Business Intelligence is not just the domain of “back office” analysts, but it is paramount to optimizing day-to-day operations across a broad spectrum of field workers, engineering, management, and sales and marketing roles. Read more here.

 

When I read the white paper, I was floored by the sheer volume of data out there.  I had to take a moment to try to wrap my head around the number of zeros this would entail.  The paper cites industry analysts IDC,

 

“the digital universe now includes 2.7 zettabytes of data. (A zettabyte equals almost 1.1 trillion gigabytes.)” Vesset, Dan and Benjamin S. Woo. “Worldwide Big Data Technology and Services 2012-2015 Forecast.” IDC. March 2012.

 

Okay, so I knew there was a lot of digital information floating around out there, but until today, a zettabyte was a term I had never heard of.  My company alone has 80+ websites and portals…I can’t even consider all of the social media universe.  Seriously, Tumblr alone with all the GIFs and pictures?  YouTube?  My puny brain is sparking with size of these numbers.  (How many zeros is in a trillion again?)  I kind of feel like the CD someone put in the microwave, just to see what would happen…Zettabytes? Yottabytes?

 

‘Til next time,

 

Jessica

 

 

 

Critical Energy Issues Discussion Webinar Recording…and Other Stuff

This morning I did a webinar with Dr. Scott Shemwell, Critical Energy Issues Discussion Webinar, and we recorded it.  Basically, all I do is set things up for the guy with all the information.  Dr. Shemwell is the one who did all the heavy lifting on this.  The webinar covers topics like integrity management, a new critical energy issues forum, an Economic Value Proposition Matrix designed for the industry, and a lot of other information.  However, we managed to keep it around 45 minutes, and I like to talk so that was a bit of a challenge.

A lot of this revolves around the SEMS (Safety Environmental Management System) regulations.  After the BP Macondo (Deepwater Horizon) incident, these issues really took center stage, and the final rule is out.  The deadline approaches for the audits done by accredited third party auditors. (It is November 15, 2013).  SEMS may only apply to deepwater operations now, but word is that it will be spreading to shallow water and onshore operations before too long.  The webinar goes over a lot of really great information, and since you aren’t getting the webinar live, comment with any questions that come up.  I’ll take them to the expert (whoever that may be) and I’ll reply to your comment with the answer.  The same thing goes for information on PennEnergy Research or the Oil & Gas Journal Site License program.  If you know someone you think would be interested in this, then share the love.  The webinar is free and runs about 45 minutes.

During the webinar, Scott references a lot of different different sites, so I wanted to make sure that everybody could find all the things.  If you’re in the Houston area there’s the upcoming breakfast to kick off the Critical Energy Issues Forum on October 24, 2013 at the Deep Offshore Technology Conference in The Woodlands, TX.  We hope that you’ll be able to join us there for an in depth discussion of the topics covered in the webinar, and you can register here for that event.  If you’d  like to become a member of the Critical Energy Issues Forum that begins on November 1, 2013, you can register for your member only access here.  Dr. Shemwell’s Governing Energy blog regarding good practices in the nuclear industry will be going up shortly, and you can read that as well as previous posts and additional blogs posted on PennEnergy.

‘Til next time,

Jessica