E&P Industry Trends - From Angels and VCs to Engineers and Geophysicists

Table of Contents

• Table of Contents
• In This Perspective
• Highlights
• Analysis
  • Business Environment
    • E&P Projects Are More than Profitable
    • Workforce Shortages Are Reaching Crisis Proportions
    • Heavy Oil Is Expected to Be the Wave of the Future
    • Figure: Worldwide Distribution of Heavy Oil Reserves
  • Business Drivers
    • E&P Projects Shift to Unconventional Natural Gas Resources and to Deep Water
    • Figure: ExxonMobil' s Expected Deepwater, Heavy Oil, and Unconventional Gas Reserve Shares in 2010
    • Figure: ExxonMobile Deep-Sea Project Involvement
    • Figure: U.S. Coal Bed Natural Gas Proved Reserves and Production, 1989-2004
    • Pressure Is on for Reducing Costs and Speeding Rig to Retail
    • Reserves Access Will Determine Future Viability of Large E&P Companies
  • Business Processes
    • Breaking the Silos - Vertically and Horizontally
    • Figure: E&P Front Office of the Future
    • Engineers Will Rule
    • SPE, the Digital Oilfield, and IT
  • Technology Showcase - Worthy of Note
    • Software
      • Integration of Reservoir Modeling and Simulation
      • Model-Centric Interpretation and Role of G&P
      • Figure: Model-Centric Seismic Interpretation
      • Data Standards and Data Management
      • Project Management, Portfolio Analysis, and Capital Investment
      • Figure: Typical Project Funnel for Capital Investment Projects in Oil and Gas
      • 32- Versus 64-Bit Computing
      • Windows Versus Unix/Linux
      • Java Versus .NET
      • SOA Penetration
    • Hardware
      • Storage, Processing, and Visualization
      • HPC at the Desk Side
    • Services and Field Technology
      • Intelligent Well Completions
      • Unconventional Natural Gas (HNNG, CBM, and Tight Gas)
      • Telecommunication and Networking
• Future Outlook
  • Scenarios
  • Table: Relationship Between Crude Prices and E&P Activity Levels
• Essential Guidance
• Learn More
  • Related Research