T.C. Zoboroski

Oil and Gas CEO's are under great pressure to cut costs, boost output and reduce carbon emissions. One of the first topics of discussion at this year's Downstream USA conference is the Data Behind Every Drop where IT Leaders will discuss how they are harnessing data chaos to transform downstream's bottom line. While almost every company has been running digitization projects across various parts of its operations, 70 percent of them have not moved beyond the pilot phase according to McKinsey research. The 5-win themes for CEOs to consider when driving digitization. <> Putting value creation first - then tech - Value creation needs to be at the forefront of digital transformation with clear business problems its solving and results its looking to achieve <> Tracking the impact - Companies need a mechanism to track the progress and bottom-line impact of every project. So having a clear understanding of the organization's current performance baseline, robust KPIs and visualization tools that enable rapid, fact-based decision making is critical. <> Focusing on the people - The most advanced tech can't achieve anything by itself. Value emerges as a combination of the tool and people who operate it. So, changing the mindsets and behaviors of its people is vital. <> Providing the right incentives - If companies want new behaviors to stick, they need to ensure that their people are incentivized to maintain them <> Building the right infrastructure - Most companies have a mix of modern and legacy IT and OT systems, and their business-critical data are distributed across those systems leaving data to be hard to access, difficult to interpret and inconsistent in quality. Revamping the underlying infrastructure builds a strong digital transformation foundation. This allows companies to have a new integrated data management approach which enables common policies across data acquisition, storage, QA and cybersecurity. Brandon Taylor and I look forward to talking with you about these win-themes at Downstream USA! #downstream #downstreamusa #digitaltransformation #oilandgas #data #ai #peoplefirst #valuecreation #itot

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Oil and gas companies are modernizing how to manage assets and equipment, extending lifecycles and overall performance, along with the planning and scheduling maintenance workflows that support these outcomes. With advanced asset management technology in place, operational resiliency is assured. In our new eBook, we explore three oil and gas companies that are leading with technology to ensure a resilient and profitable business model. Learn from your peers to ensure a resilient and profitable business model. Get your copy https://ifs.link/VsgDPo

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Oil and gas companies are modernizing how to manage assets and equipment, extending lifecycles and overall performance, along with the planning and scheduling maintenance workflows that support these outcomes. With advanced asset management technology in place, operational resiliency is assured. In our new eBook, we explore three oil and gas companies that are leading with technology to ensure a resilient and profitable business model. Learn from your peers to ensure a resilient and profitable business model. Get your copy https://ifs.link/FchlML

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While most assets and projects within oil & gas organization have precise start and end dates, lifecycle management for business-critical deliverables span a much longer timeline. O&G companies need asset lifecycle management solutions that support all stages of asset and project lifecycles, from planning to implementation through to decommissioning. Read our executive summary to learn how IFS provides exceptional asset visibility from the field to the office, helping minimize disruptions while optimizing productivity.

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IFS Reporting allows your #upstream #oilandgas organization to manage payout status and distribute formatted reports at the well and individual owner level and more. Watch the video to learn more. ▶️ https://ifs.link/5IexOi

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Oil & Gas companies need asset lifecycle management solutions that support all stages of asset and project lifecycles, from planning to implementation through to decommissioning. Even in the world’s most extreme operational environments, EAM technology provides exceptional asset visibility from the field to the office, helping minimize disruptions while optimizing productivity. See our infographic to learn what O&G organizations can expect with EAM: https://ifs.link/xVHgaU

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Oil and gas companies are modernizing how to manage assets and equipment, extending lifecycles and overall performance, along with the planning and scheduling maintenance workflows that support these outcomes. With advanced asset management technology in place, operational resiliency is assured. In our new eBook, we explore three oil and gas companies that are leading with technology to ensure a resilient and profitable business model. Learn from your peers to ensure a resilient and profitable business model. Get your copy https://ifs.link/jB7R2W

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📊🔄 Mastering Data for Enhanced Project Performance In our quest to lead projects towards successful completions, the role of data has never been more pivotal. Efficiently capturing, analyzing, and harnessing data from myriad sources throughout the project lifecycle isn't just a task; it's a strategic imperative. The power of data lies in its ability to transform decision-making processes, optimize performance, and uncover hidden opportunities for cost savings and efficiency gains. But it's not just about collecting data; it's about curating insights that drive action and foster continuous improvement. Are you leveraging the full potential of your project data? How are you ensuring the data you collect is not just voluminous but valuable? I'm keen to hear your experiences and strategies. Let's discuss how we can elevate our data practices to not just inform but transform our project landscapes. 🚀💡 https://lnkd.in/gPpsjHb9 #DataDrivenDecisions #ProjectOptimization #EfficiencyEnhancement #AgileEnergy

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At Hart Energy’s SUPER DUG Conference & Exhibition 2024 in Fort Worth, industry leaders highlighted significant progress in emissions reductions across shale plays while addressing the growing demand for natural gas. Despite this progress, there was a strong call for increased investment to support ongoing population, economic, and technological growth. Marshall Adkins from Raymond James illustrated the impact of technology on energy demand, particularly the substantial power consumption required by advanced AI chips. This highlighted the critical role of continuous investment in natural gas to maintain grid stability as renewable sources like solar and wind expand. Will Van Loh, CEO of Quantum Energy Partners, LLC, emphasized the financial and environmental benefits of greener practices, such as switching frac fleets from diesel to natural gas, which saved costs and significantly reduced greenhouse gas emissions. Permian operators shared their achievements in reducing emissions and enhancing operational efficiency, such as Diamondback Energy's use of clear drilling fluids and ConocoPhillips' significant reduction in gas flaring. Additionally, BPX's near-total electrification of its Permian wells and the creation of private microgrids showcased efforts to reduce dependence on strained public grids. Water management also emerged as a crucial focus, with operators like WaterBridge and Deep Blue promoting recycled water usage over disposal. Despite advances in renewable energy, oil and gas remain a major part of the energy supply. The conference underscored the industry's commitment to producing low-carbon-intensity barrels while continuing to innovate and improve environmental practices. https://lnkd.in/geKy5DBP

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While most assets and projects within oil & gas organization have precise start and end dates, lifecycle management for business-critical deliverables span a much longer timeline. O&G companies need asset lifecycle management solutions that support all stages of asset and project lifecycles, from planning to implementation through to decommissioning. Read our executive summary to learn how IFS provides exceptional asset visibility from the field to the office, helping minimize disruptions while optimizing productivity.

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AspenTech's AI enabled solutions, just in the refining sector, resulted in improved profitability of $59 billion per year but also resulted in 16 metric tons of CO2 emissions reduction to go with it! Hence the Global Industries acknowledges AspenTech ‘Uniquely Positioned’ As An Optimization Enabler For Global Industries Aspen Technology

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What impact has the IRA and IIJA had on U.S. energy policy? During the Baker Hughes Annual Meeting 2024, esteemed panelists Jack Fusco, Paul Marsden, Mike Sommers and moderator, Rita Lofana, addressed this important topic and debated the potential scale of impact of the IRA and IIJA on the development of new energies globally and addressed the implications of the Biden-Harris administration's decision to temporarily pause on pending approvals of LNG exports. Watch the highlights video below for key takeaways from this engaging discussion and visit the #BHAM2024 proceedings page for more great content: https://lnkd.in/e4gPb4z8 #EnergizingChange #BakerHughes #Energy #EnergyTechnology #EnergyTransition #Innovation #WeAreBakerHughes

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#LiveEvent in #Houston, #Texas Register & Join us tomorrow (9-May) https://lnkd.in/gnVeADDV Address Topgolf Webster, 21401 Gulf Fwy, Webster, TX 77598 Agenda #MCAD Creo, a PTC Technology 1) #MBD - Model Based Definition 2) #AI #Sustainability with Generative Design 3) #Simulation 4) #AR - Publishing to Augmented Reality #PLM Windchill, a PTC Technology 1) #Visualization with #CreoView 2) #EasySearch with #myPDSSearch 3) #DigitalThread with #xBOM 4) #PlatformEngineering & Modularity #ALM Codebeamer, a PTC Technology 1) #RegulatoryCompliance with industry templates 2) #Traceability through product lifecycle (#RFLP) 3) #ApplicationBasket - Requirements, QA, Test, SCM, Risk, Change and Project Management PTC, PDSVISION North America

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