SlideShare a Scribd company logo
1 of 14
Download to read offline
Change is also changing in hitherto unknown ways!

PERSPECTIVES - BIG CREW
CHANGE
Modified from a presentation made at Petrotech-2014 Pre-Conference workshop
“Leveraging IT resources for enhancing energy security” on 10-Jan-2014 @
The Lalit, New Delhi
Crew of the Great Alexander

http://img853.imageshack.us/img853/8908/rsiiseleucid.jpg
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

2
20th century army (last seen in
action Iraq war)

http://www.democracynow.org/special/iraq_war_10_year_anniversary
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

3
21st Century war

Micro-drones
1. Autonomous micro-drones
2. Cyber warfare
3. Bio-warfare
4. Video Games as training fields
5. +++

Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

4
Transformational Changes
Every change is not transformational
Dominant Areas
1. Communications  1970-

2014 : From telegram to
Live-video interaction:
everywhere. Social
Networks is offshoot
2. Systems Biology 19902014 : From descriptive,
classifications to dynamic
numerical science
3. Warfare  2000-2014 :
Bullet is old-fashioned?

New
Slide

Significant Indicators &
Results
I. Quantum (10-100 times)
improved access,
reliability, performance
II. A new hitherto unknown
science. Quantum leap in
understanding and
assimilating . A new 21st
century opportunity
III. Control and governance
through distributed highfidelity techniques
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

5
Crew Change – Relevant
Questions

New
Slide

Is the E&P science & technology TRANSFORMATIONAL?
 If Yes
Does the Great Army has relevant – i)Learning; ii)
Axiomatic Framework; iii) A3(Attitude, Aptitude & Abilities)
???
 If Not

Less progressive than other technology industries?
ii) In the control of the Great Ageing Army?
iii) E&P is unique and so resisting change?
i)

What is your call?

Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

6
E&P uniqueness and commonality
1. Guaranteed Demand : Supplier ability to
2.

3.
i.
ii.
iii.

iv.

control prices by many methods
Critical and irreplaceable product
Self-determined growth and performance
metrics
Knowledge Intensive and Technology business
Risk + Uncertainty
Multi-disciplinary (~60 sciences & engineering)
Data and methodology intensive
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

7
New
Slide

All Sciences progress with time. A 30-50 year perspective would see
every aspect of human endeavor change and develop
 Changes can be simple, incremental, progressive and linear
 Changes can be transformational

INDICATORS, MEASURES AND METRICS
OF CHANGES IN SCIENCES &
TECHNOLOGIES OF E&P
– IS A SEPARATE TOPIC
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

8
E&P change is
‘Transformational’

New
Slide

1. All transformational changes have used

‘computer science’ as the agent (including the
communication revolution)
2. Completely new approaches have occurred in all
such transformational areas. Paradigm changes in
method, analysis & inference!
3. 50+Y aged workforce do not have any formal
computer science learning
4. Why and How are they (at large) are becoming
‘critical’?
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

9
E&P change is Not
‘Transformational’
1.

2.
3.

4.
5.
6.

New
Slide

Uncertainty (and Risk) continue to dominate (No 1 issue)
Performance and Reliability in Discovery and Development
are highly disparate
‘Computer Science’ is not learnt or practiced in any of the E&P
Core-Disciplines (Geoscience, Reservoir Engineering,
Petroleum Engineering, Drilling or Management)
Empirical models developed in 20th century drive - Black-box
tools supplied by ‘service companies’
HPC and computation is from use of tools on volume data
(created by transformational electronics and device industry)
Offshore- Deep-offshore- Shale-gas are new industrial
frontiers of the E&P – supported by the high prices and rapid
growth in engineering technology Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

10
21st century Science paradigm
1. Data Intensive Scientific Discovery (DISD)

2. Discovery using Petabytes of databases
3. Crowd-sourcing “innovation”, “discovery”

and “growth”
4. Radically changed from 20th century
approaches
5. Intensely dependent on “Computer Science”
EXAMPLES: Proteomics, Genomics, Particle
Physics, Astronomy, Medicine etc.
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

11
Crew change as Opportunity
Elevate E&P to 21st century science

methodology
Provide a measured (higher) efficiency in
performance
 Bring accountability
E&P cannot be unique among human endeavors.
Crew change is not specific to E&P
Other have changed their science models – E&P is
retaining the past
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

12
Cook-book for change – A new
modern Army
1. Computer Science as a pillar: Include in

Academic programs & Professional competency
matrix
2. Data as central: Capture both structured and
unstructured data into organized repositories
{Data into Databases}
3. Workflows & Analytical methods: Broad based,
repeatable, verifiable, and open (e.g.
biosciences)
4. Collaboration: Reassess the ‘secrecy’ model
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

13
Future is NOT what it used to be!

DISCLAIMER:
VIEWS AND THOUGHTS EXPRESSED ARE ONE INDIVIDUAL AND PERSONAL PERSPECTIVE.
AUTHOR ALSO HOLDS AND VERIFIES DIFFERENT PERSPECTIVES!

IF YOU CANNOT BE THE LEADER –
BE A SMART FOLLOWER
Dr. G Srikanth.
Srikanth.4thparadigm@gmail.com

13-Jan-14

14

More Related Content

Similar to The reality of – big crew change in E&P.

Ieee cs lecture sep 2013 digital economy and new generation workforce
Ieee cs lecture sep 2013 digital economy and new generation workforceIeee cs lecture sep 2013 digital economy and new generation workforce
Ieee cs lecture sep 2013 digital economy and new generation workforce
subramanian K
 
IREDA Induction Program Report 2018
IREDA Induction Program  Report 2018 IREDA Induction Program  Report 2018
IREDA Induction Program Report 2018
Arpo Mukherjee
 
4 2 mech r13 syllabus book (1)
4 2 mech r13 syllabus book (1)4 2 mech r13 syllabus book (1)
4 2 mech r13 syllabus book (1)
ckrmech
 
Technology Trends Every STEM Manager Should Know
Technology Trends Every STEM Manager Should KnowTechnology Trends Every STEM Manager Should Know
Technology Trends Every STEM Manager Should Know
Career Communications Group
 
latest arvindresume 2006
latest arvindresume 2006 latest arvindresume 2006
latest arvindresume 2006
Arvind Kumar
 
Bus_transformation Session 1 ( LECTURE 1).pdf
Bus_transformation Session 1 ( LECTURE 1).pdfBus_transformation Session 1 ( LECTURE 1).pdf
Bus_transformation Session 1 ( LECTURE 1).pdf
NellyELHassani
 

Similar to The reality of – big crew change in E&P. (20)

Green Hydrogen Manufacturing A Review of Opportunities and Challenges for Dig...
Green Hydrogen Manufacturing A Review of Opportunities and Challenges for Dig...Green Hydrogen Manufacturing A Review of Opportunities and Challenges for Dig...
Green Hydrogen Manufacturing A Review of Opportunities and Challenges for Dig...
 
Trends in technology
Trends in technologyTrends in technology
Trends in technology
 
Ieee cs lecture sep 2013 digital economy and new generation workforce
Ieee cs lecture sep 2013 digital economy and new generation workforceIeee cs lecture sep 2013 digital economy and new generation workforce
Ieee cs lecture sep 2013 digital economy and new generation workforce
 
IREDA Induction Program Report 2018
IREDA Induction Program  Report 2018 IREDA Induction Program  Report 2018
IREDA Induction Program Report 2018
 
Newsletter
NewsletterNewsletter
Newsletter
 
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionTeam Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
 
4 2 mech r13 syllabus book (1)
4 2 mech r13 syllabus book (1)4 2 mech r13 syllabus book (1)
4 2 mech r13 syllabus book (1)
 
Technology Trends Every STEM Manager Should Know
Technology Trends Every STEM Manager Should KnowTechnology Trends Every STEM Manager Should Know
Technology Trends Every STEM Manager Should Know
 
DLL - 4THWEEK-JANUARY.docx
DLL - 4THWEEK-JANUARY.docxDLL - 4THWEEK-JANUARY.docx
DLL - 4THWEEK-JANUARY.docx
 
Slides Master Copy 2009 Sr&Ed Course W Edison Linked In
Slides   Master Copy   2009 Sr&Ed Course W Edison   Linked InSlides   Master Copy   2009 Sr&Ed Course W Edison   Linked In
Slides Master Copy 2009 Sr&Ed Course W Edison Linked In
 
SHAGUFTA SHAHNAZ resume
SHAGUFTA SHAHNAZ resumeSHAGUFTA SHAHNAZ resume
SHAGUFTA SHAHNAZ resume
 
IMPACT OF INFORMATION TECHNOLOGY IN THE AREA OF EDUCATION
IMPACT OF INFORMATION TECHNOLOGY IN THE AREA OF EDUCATIONIMPACT OF INFORMATION TECHNOLOGY IN THE AREA OF EDUCATION
IMPACT OF INFORMATION TECHNOLOGY IN THE AREA OF EDUCATION
 
(Big) Data Analytics for Environmental Sustainability
(Big) Data Analytics for Environmental Sustainability(Big) Data Analytics for Environmental Sustainability
(Big) Data Analytics for Environmental Sustainability
 
Mining Research Tech Center
Mining Research Tech CenterMining Research Tech Center
Mining Research Tech Center
 
latest arvindresume 2006
latest arvindresume 2006 latest arvindresume 2006
latest arvindresume 2006
 
Green IT
Green ITGreen IT
Green IT
 
Bridging Skill Gaps in Man Machine Interface - Changing Dynamics Regime
Bridging Skill Gaps in Man Machine Interface - Changing Dynamics RegimeBridging Skill Gaps in Man Machine Interface - Changing Dynamics Regime
Bridging Skill Gaps in Man Machine Interface - Changing Dynamics Regime
 
JJT Latest Resume
JJT Latest ResumeJJT Latest Resume
JJT Latest Resume
 
Changes in business environment
Changes in business environmentChanges in business environment
Changes in business environment
 
Bus_transformation Session 1 ( LECTURE 1).pdf
Bus_transformation Session 1 ( LECTURE 1).pdfBus_transformation Session 1 ( LECTURE 1).pdf
Bus_transformation Session 1 ( LECTURE 1).pdf
 

More from Srikanth G

Hydrocarbon E&P challenges opportunitie Information Systems
Hydrocarbon E&P challenges opportunitie Information SystemsHydrocarbon E&P challenges opportunitie Information Systems
Hydrocarbon E&P challenges opportunitie Information Systems
Srikanth G
 

More from Srikanth G (6)

Points2 life
Points2 lifePoints2 life
Points2 life
 
Petroleum resources reserves
Petroleum resources reservesPetroleum resources reserves
Petroleum resources reserves
 
Successful inteviews
Successful inteviewsSuccessful inteviews
Successful inteviews
 
Hydrocarbon E&P processes applications and computer uses
Hydrocarbon E&P processes applications and computer usesHydrocarbon E&P processes applications and computer uses
Hydrocarbon E&P processes applications and computer uses
 
Hydrocarbon E&P challenges opportunitie Information Systems
Hydrocarbon E&P challenges opportunitie Information SystemsHydrocarbon E&P challenges opportunitie Information Systems
Hydrocarbon E&P challenges opportunitie Information Systems
 
Hydrocarbon business overview
Hydrocarbon business overviewHydrocarbon business overview
Hydrocarbon business overview
 

Recently uploaded

FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
dollysharma2066
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
lizamodels9
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
dlhescort
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
amitlee9823
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
dlhescort
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
Matteo Carbone
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 

Recently uploaded (20)

(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
(Anamika) VIP Call Girls Napur Call Now 8617697112 Napur Escorts 24x7
 
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
FULL ENJOY Call Girls In Majnu Ka Tilla, Delhi Contact Us 8377877756
 
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptxB.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
B.COM Unit – 4 ( CORPORATE SOCIAL RESPONSIBILITY ( CSR ).pptx
 
RSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors DataRSA Conference Exhibitor List 2024 - Exhibitors Data
RSA Conference Exhibitor List 2024 - Exhibitors Data
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
Call Girls From Pari Chowk Greater Noida ❤️8448577510 ⊹Best Escorts Service I...
 
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best ServicesMysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
Mysore Call Girls 8617370543 WhatsApp Number 24x7 Best Services
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service AvailableCall Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
Call Girls Ludhiana Just Call 98765-12871 Top Class Call Girl Service Available
 
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
Call Girls Zirakpur👧 Book Now📱7837612180 📞👉Call Girl Service In Zirakpur No A...
 
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
Call Girls in Delhi, Escort Service Available 24x7 in Delhi 959961-/-3876
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
The Path to Product Excellence: Avoiding Common Pitfalls and Enhancing Commun...
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
Call Girls Electronic City Just Call 👗 7737669865 👗 Top Class Call Girl Servi...
 
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service NoidaCall Girls In Noida 959961⊹3876 Independent Escort Service Noida
Call Girls In Noida 959961⊹3876 Independent Escort Service Noida
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 

The reality of – big crew change in E&P.

  • 1. Change is also changing in hitherto unknown ways! PERSPECTIVES - BIG CREW CHANGE Modified from a presentation made at Petrotech-2014 Pre-Conference workshop “Leveraging IT resources for enhancing energy security” on 10-Jan-2014 @ The Lalit, New Delhi
  • 2. Crew of the Great Alexander http://img853.imageshack.us/img853/8908/rsiiseleucid.jpg Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 2
  • 3. 20th century army (last seen in action Iraq war) http://www.democracynow.org/special/iraq_war_10_year_anniversary Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 3
  • 4. 21st Century war Micro-drones 1. Autonomous micro-drones 2. Cyber warfare 3. Bio-warfare 4. Video Games as training fields 5. +++ Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 4
  • 5. Transformational Changes Every change is not transformational Dominant Areas 1. Communications  1970- 2014 : From telegram to Live-video interaction: everywhere. Social Networks is offshoot 2. Systems Biology 19902014 : From descriptive, classifications to dynamic numerical science 3. Warfare  2000-2014 : Bullet is old-fashioned? New Slide Significant Indicators & Results I. Quantum (10-100 times) improved access, reliability, performance II. A new hitherto unknown science. Quantum leap in understanding and assimilating . A new 21st century opportunity III. Control and governance through distributed highfidelity techniques Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 5
  • 6. Crew Change – Relevant Questions New Slide Is the E&P science & technology TRANSFORMATIONAL?  If Yes Does the Great Army has relevant – i)Learning; ii) Axiomatic Framework; iii) A3(Attitude, Aptitude & Abilities) ???  If Not Less progressive than other technology industries? ii) In the control of the Great Ageing Army? iii) E&P is unique and so resisting change? i) What is your call? Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 6
  • 7. E&P uniqueness and commonality 1. Guaranteed Demand : Supplier ability to 2. 3. i. ii. iii. iv. control prices by many methods Critical and irreplaceable product Self-determined growth and performance metrics Knowledge Intensive and Technology business Risk + Uncertainty Multi-disciplinary (~60 sciences & engineering) Data and methodology intensive Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 7
  • 8. New Slide All Sciences progress with time. A 30-50 year perspective would see every aspect of human endeavor change and develop  Changes can be simple, incremental, progressive and linear  Changes can be transformational INDICATORS, MEASURES AND METRICS OF CHANGES IN SCIENCES & TECHNOLOGIES OF E&P – IS A SEPARATE TOPIC Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 8
  • 9. E&P change is ‘Transformational’ New Slide 1. All transformational changes have used ‘computer science’ as the agent (including the communication revolution) 2. Completely new approaches have occurred in all such transformational areas. Paradigm changes in method, analysis & inference! 3. 50+Y aged workforce do not have any formal computer science learning 4. Why and How are they (at large) are becoming ‘critical’? Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 9
  • 10. E&P change is Not ‘Transformational’ 1. 2. 3. 4. 5. 6. New Slide Uncertainty (and Risk) continue to dominate (No 1 issue) Performance and Reliability in Discovery and Development are highly disparate ‘Computer Science’ is not learnt or practiced in any of the E&P Core-Disciplines (Geoscience, Reservoir Engineering, Petroleum Engineering, Drilling or Management) Empirical models developed in 20th century drive - Black-box tools supplied by ‘service companies’ HPC and computation is from use of tools on volume data (created by transformational electronics and device industry) Offshore- Deep-offshore- Shale-gas are new industrial frontiers of the E&P – supported by the high prices and rapid growth in engineering technology Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 10
  • 11. 21st century Science paradigm 1. Data Intensive Scientific Discovery (DISD) 2. Discovery using Petabytes of databases 3. Crowd-sourcing “innovation”, “discovery” and “growth” 4. Radically changed from 20th century approaches 5. Intensely dependent on “Computer Science” EXAMPLES: Proteomics, Genomics, Particle Physics, Astronomy, Medicine etc. Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 11
  • 12. Crew change as Opportunity Elevate E&P to 21st century science methodology Provide a measured (higher) efficiency in performance  Bring accountability E&P cannot be unique among human endeavors. Crew change is not specific to E&P Other have changed their science models – E&P is retaining the past Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 12
  • 13. Cook-book for change – A new modern Army 1. Computer Science as a pillar: Include in Academic programs & Professional competency matrix 2. Data as central: Capture both structured and unstructured data into organized repositories {Data into Databases} 3. Workflows & Analytical methods: Broad based, repeatable, verifiable, and open (e.g. biosciences) 4. Collaboration: Reassess the ‘secrecy’ model Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 13
  • 14. Future is NOT what it used to be! DISCLAIMER: VIEWS AND THOUGHTS EXPRESSED ARE ONE INDIVIDUAL AND PERSONAL PERSPECTIVE. AUTHOR ALSO HOLDS AND VERIFIES DIFFERENT PERSPECTIVES! IF YOU CANNOT BE THE LEADER – BE A SMART FOLLOWER Dr. G Srikanth. Srikanth.4thparadigm@gmail.com 13-Jan-14 14