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Big Data, Large Volumes and Advanced Analytics in the Oil and Gas Industry
Fri, Nov 08, 2013 @ 12:00 PM - 01:30 PM
Mork Family Department of Chemical Engineering and Materials Science
Conferences, Lectures, & Seminars
Speaker: Jim Crompton, Former Manager of Upstream Architecture in the Chevron Global Upstream IT organization
Talk Title: Big Data, Large Volumes and Advanced Analytics in the Oil and Gas Industry
Abstract: The exploration and production of oil and natural gas are probably not seen by people outside of the industry as a very high tech business. However, a closer look at modern approaches to finding and producing hydrocarbons will reveal an industry with massive data volumes, a variety of data types and a very significant opportunity to create greater value through deeper business insight into operations. From seismic surveys which can create an image of the subsurface geology, to measurement while drilling complex deep water wells, to near real time analysis and optimization of producing and injecting wells in an oil field, the challenges of measurement, instrumentation, data management, visualization, integration and analysis are growing in magnitude and importance.
Similar to other industries, the amount of data throughout the value chain is increasing. The opportunities to create value from more predictive and proactive interventions are growing. The challenges of managing asset operations to higher standards of reliability, safety and environment performance are becoming more critical. It will take more than just one technology breakthrough to unlock the value from collecting large amounts of data. A full systems view and an information lifecycle mindset are required to turn data, to clearer insights, to better decision, and ultimately to greater value.
Biography: Jim Crompton, now a contractor for USC, held the position of Manager of Upstream Architecture in the Chevron Global Upstream IT organization until Spring 2013. He earned a BS in Geophysical Eng., MS in Geophysics from the Colorado School of Mines and an MBA from Our Lady of the Lake University. In 1993, as IT Manager for the Gulf of Mexico Business Unit, Crompton led one of the first desktop PC standardization projects in Chevron. In 1997, Jim was names the Principal Technical Advisor for IT, where he was responsible assessment of emerging technology and strategic planning for the IT function. He served as chair of the API general committee for electronic commerce ( PIDX) and was able to influence the direction of the standards setting activities towards emerging technologies, such as XML, and new electronic business models in the industry. Jim participated in the IT merger integration study team in 2001 as part of the Chevron & Texaco merger which developed the IT organization structure and IT strategic direction for the corporation, where he received a President's Award for this activity. In 2002, Jim was selected to be a Chevron Fellow. Jim also worked on Chevron’s i-field program in the area of emerging solutions.
Host: CiSoft
Location: Ronald Tutor Hall of Engineering (RTH) - 324
Audiences: Please RSVP: legat@usc.edu
Contact: Juli Legat