Driving Oil and Gas Exploration, Production Efficiency Through Harmonized Data

Dale Russell, Talksum CTODale Russell, CTO, Talksum

We just got back from the Big Data Analytics for Oil & Gas Forum that took place in Houston, TX, where Talksum was asked to participate as both a speaker and as the conference chair. I want share insights and expand on the event’s theme – driving oil and gas exploration and production efficiency through harmonized data.

Speakers from Shell, Riss Energy, Halliburton Landmark Software & Services, Hess Corporation, and others reinforced the topic of harmonized data. Subjects ranged from cross-unit and cross-domain performance and data management, data accuracy, cloud computing, seismological processes, and case studies on how to harness the 2.7 zettabytes of data within the oil and gas digital universe

The forum started with a keynote from CIO Patrick McGinty, Riss Energy, who looked “ahead” at energy in the Big Data era. He delved into the strategies and tools that are changing the landscape of the energy industry. Patrick ended the session with an analysis of emerging trends in predictive analytics and cloud computing and exploration of the future of the industry under new technologies

Dwayne Williams, UNC Wells HSE – West Supervisor for Shell Oil Company, gave a case study that followed real-time data – from the field to corporate analytics. During the session, Dwayne showed how Shell improved field productivity and reduced risks using mobile devices and mobile form apps to improve health, safety, security, and environment (HSSE) data collection, and how they connected this data to the corporate analytics system.

Day 1 ended with my session on cross-domain data management for the oil and gas sector. In the session, I focused on the importance of ingesting different types of data from multiple data sets, including those from the well site, remote units, regional sites, headquarters, and at the real-time operation center (RTOC), and being able to format – or harmonize – the disparate data in real time, as well as enrich the data by correlating events with other external data sources. In a cross-domain scenario, the ingested data would “talk” to each other, and relevant parts would be intelligently routed to the appropriate real-time BI tools, dashboards, and respective databases at the well site, remote units, RTOC, and so on, for immediate action. In addition, pertinent parts of the data flow would be streamed to other cross domains such as health services, insurance companies, and the like, to minimize latency.”

On day 2, an interesting session was given by Riss Energy CEO Srik Soogoor, who discussed how cloud computing and Big Data are revolutionizing exploration and drilling. He looked at strategies and tools that are changing the landscape of the energy industry, at analyses of emerging trends in predictive analytics, and at the future of the industry under new and proposed government regulations.

The Big Data Analytics for Gas & Oil Forum brought with it an informative two days of introductions, workshops, presentations, discussions, and insights into Big Data analytics for oil and gas – highlighted by the need for harmonized data to drive oil and gas exploration and production efficiency.

 

Talksum Announces Cross-Domain Data Management Solution for Oil and Gas Exploration and Production

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San Francisco, CA — October 16, 2013 — Talksum, Inc., a leader in real-time data processing solutions, today announced its high-speed cross-domain data management solution for oil and gas exploration and production. Designed to accelerate real-time decisions, the Talksum solution improves data acquisition and transformation, and converts data into flexibly managed event streams, tailored for cross domains such as exploration, extraction, navigation, distribution, communications, health and services, refinery control, and others within the oil and gas sector.

The Talksum cross-domain solution handles data sets at the well site, remote units, regional sites, headquarters, and at the real-time operation center (RTOC) level and can format data in real time, as well as enrich data by correlating events with other external data sources.

The Talksum Data Stream Router – TDSR – filters, data reduces, monitors, aggregates, enriches, analyzes, and routes live streams to power, in real time, data sensor information and alerts such as flow rate, fluid pressures, casing seals, blowout preventer integrity, fracture gradient conditions and pore pressure, gas detection, and other safety and efficiency mechanisms, and routes the relevant data to the respective locations. The TDSR data management solution offers a systems approach, which integrates multiple domains that together assess and potentially affect overall well integrity and safety.

“Oil and gas engineering, production, and operations are exceedingly complex and depend on a wide range of technologies and a large number of contractors and service providers with disparate types of data,” said Alex Varshavsky, founder and CEO of Talksum. “In a cross-domain scenario, the TDSR solution would ingest the different types of data, allow the data to “talk” to each other, and intelligently route relevant parts to the appropriate real-time BI tools, dashboards, and respective databases at the well site, remote units, RTOC, and so on, for immediate action. In addition, pertinent parts of the data flow would be streamed to other cross domains such as health services, insurance companies, and the like, to minimize latency.”

The TDSR can be used for cyber security, a difficult task that must account for different transports, syntaxes, structures, and content. “It’s critical to implement mechanisms for detecting, deterring, and analyzing security events in real time – no matter where they originate from or what they affect,” said Varshavsky. “The TDSR offers an efficient and cost-effective way to accomplish this.”

In addition to cross-domain data management, the Talksum product includes foundational components for changes in government regulations and standards, as well as for policy control.

 

About Talksum

Talksum, Inc. is a leader in high-speed data processing and management solutions whose mission is to develop new ways of processing, routing, and managing Big Data. The Talksum Data Stream Router provides a real-time streaming data solution that is perfect for Big Data initiatives that require massive amounts of data processing.

Connect with Talksum via Facebook, Twitter and LinkedIn.

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Press contact:
Talksum Inc.
Barry Strauss
Head of Marketing
barrys@talksum.com
415-580-2489

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Talksum Gets Ready for the Big Data Oil & Gas Forum, Announces Solution for Oil and Gas Exploration and Production

Alex VarshavskyAlex Varshavsky, CEO, Talksum

Talksum announces solution for oil and gas exploration and productionAs I described in an earlier blog post, Talksum has been invited to participate at the Big Data Analytics for Oil & Gas Forum in Houston, TX, which will take place tomorrow, October 17-18, 2013. We will be speaking at the forum and sharing our knowledge about cross-domain data management, how it works in the oil and gas sector, and why it’s so important for the industry in terms of efficiency, security, and safety. Since my last blog, a couple of important events have occurred.

First, the event organizers have asked that we not only speak about cross-domain data management and provide demonstrations in our booth, but they’ve also asked us – since my last blog posting – if we would like to chair the event. We enthusiastically said “yes.” To accommodate this, our CTO Dale Russell will also attend the forum with me. We will be talking about a new approach to working with data across oil and gas domains, and how to handle, process, and intelligently route the massive amounts of data in real time to appropriate users at the well site, remote units, RTOC, and so on, for immediate action. In addition, we will also explain how pertinent parts of the data flow could – in parallel – be streamed to other cross domains such as health services, insurance companies, and the like.

Secondly, we have posted a press release today that complements our event participation and officially announces our cross-domain data management solution for oil and gas exploration and production. You can view the entire Talksum oil and gas solution press release here.

If you are in the Houston area, please let us know so that we can set up a face-to-face meeting with you during the event. If you cannot make it to this forum, fill out our contact form as appropriate and we will contact you as soon as possible.

 

The Importance of Cross-Domain Data Management for Oil and Gas Exploration and Production

Alex VarshavskyAlex Varshavsky, CEO, Talksum

Next Thursday, October 17-18, 2013, Talksum will be participating at the Big Data Analytics for Oil & Gas Forum in Houston, TX. Top minds in oil and gas data analytics, exploration, production, and data management will focus on cross-division efficiency, data accuracy, data management, and other relevant and timely topics, and how to bridge gaps and look closely at the sector’s biggest asset – data. I’m excited to be a speaker at the forum and to share our knowledge about cross-domain data management for oil and gas, how it works in the oil and gas sector, and why it’s so important for the industry.

The oil and gas exploration and production industry is huge and relies on many players for success. If logs at the well and sensor information aren’t processed timely and don’t reach the targeted audiences at the right time, billions of dollars would be lost and catastrophic results could occur.

To give an idea of the magnitude of the oil and gas sector, as well as the importance of cross-domain data management, we can look at a few numbers:

  • In the North Sea, a single 6 km well can cost $100 million to drill.
  • Non-productive time, which can be caused by a myriad of factors including bad weather, operator errors, leaks, pressure problems, faulty parts, and so on, can be as high as 30 percent.
  • With thousands of offshore rigs in the world and an average daily rental rate exceeding $150,000 per rig, a few percent cost reduction across the offshore fleet would translate into savings of billions of dollars per year.

These are big numbers that require massive amounts of data among many domains including exploration, extraction, navigation, distribution, communications, health, services, and refinery control to enable safe environments with efficient results. Cross-domain data management enables data to:

  • Cross barriers of proprietary software and systems.
  • “Talk” to each other in real time at the right locations when needed.
  • Detect “abnormal” events in real time before a catastrophic event occurs.
  • Comply with industry and government standards, as well as ever-changing regulations and policies.
  • Be safe, secure, and protected from cyber attacks.

I’m looking forward to the event and will post interesting insights in a future blog. If you would like more details on the Talksum solution for oil and gas, please fill out our contact form and one of our team members will be happy to oblige.

 

The Future of the Connected Vehicle

Dale Russell, Talksum CTODale Russell, CTO, Talksum

A few weeks ago, we had the opportunity to be part of the Connected Vehicle Trade Association (CVTA) Fourth Summit on the Future of the Connected Vehicle. It was an honor to be a significant contributor in the various discussions, as well as a presenter.

The summit, which was cohosted by the CVTA and the Michigan Department of Transportation (MDOT), covered many topics. The following were well presented and insightful.

From an automaker’s perspective, represented by Nissan, Honda, and GM, there was a look at the near horizon for production vehicles and the impact of the current state of the industry with regard to rollout. This was a fascinating look at the market penetration for V2V and V2X application growth – including emergency vehicles and intersection devices, traveler information, enterprise products such as diagnostic applications, driver assist functions, and active safety implementations.

One theme that was expressed over and over was the focus on V2V safety related communications and the influence on driving behavior safety rather than on mobility or convenience applications. Key areas of safety included passive safety, collision avoidance, and preventive safety mechanisms. Safety topics covered car, motorcycle, and pedestrian protection via both V2C and V2I systems.

Another important topic was communication security for digital short-range communication (DSRC), cellular, WiFi, and satellite options.

From a services point of view, forces moving the growth market were explored. It was noted that services must be cost-efficient, convenient, and enjoyable to be effective. Most importantly, it was stressed that travelers need real-time information and decision support services to have an impact on their behavior and safety. One of the presenters predicted that insurance telematics will boom in the next three years and be based on predictive modeling and risk assessment. Also, from a services point of view, speech-driven services were looked at to improve the user experience and reduce driver-distraction dangers.

From an embedded and aftermarket look, yours truly gave a presentation on cross-domain data management and how it provides the framework for a shared vision among consumers, social demands, and society that are required to secure the connected vehicle future. I covered common problems today such as how to reasonably ingest, transform, analyze, and route all types of data; how to apply enough filtering logic in real time without impacting overall performance; how to even begin to create a holistic view of data management; and most importantly, how to better use and cross correlate data in a meaningful manner.

In the session, I covered how an embedded system works for the V2V and V2I infrastructure, and then showed how domains such as traffic enforcement, first responders, fleet managers, insurance, and so on, could use the massive amounts of “common interest” information available from the different domains by crossing them through a core-system public network to the betterment of consumers, society, and the entire ecosystem.

 

Conclusion

There were many other topics covered during the two-day event; the above were just a few that seemed to warrant attention. There were also automotive technical innovation updates, intellectual property discussions revolving around the connected vehicle, liability topics, Big Data analytics, infotainment, and many others in the jammed packed event.

With all said and done, the most important topic expressed during the entire event could be said in one word – safety.