Driving operational performance in oil and gas

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K e y o p e rat i o n al e x ce l l e n ce co m p o n e n t s He al th Sa f e ty O perating model S u pplier and contractors I ntegrated planning O p e r a t i o n a l e x c e l l e n c e A sset reliability and integrity En v i r on me n t C ost efficiency Qu al i ty 8
W K e y o p e rat i o n al e x ce l l e n ce co m p o n e n t s H e a l t h , s a f e t y , e n v i r o n m e n t a n d q u a l i t y : T he f o u n d at i o n o f o p e rat i o n al e x ce l l e n ce , i n which the operational risks are understood and ranked and everyone engages in a re l e n t l e s s p u rs u i t t o e l i m i n at e i n j u ri e s an d i n ci d e n t s f o r e m p l o y e e s , co n t ract o rs an d t he e n v i ro n m e n t , i n cl u d i n g a z e ro - d e f e ct approach to product quality. I n t e g r a t e d p l aL no nn g i- nt eg rm : b u s i n e s s s t rat e g i e s are e f f e ct i v e l y t ran s l at e d i n t o s ho rt - t e rm an d m e d i u m - t e rm o p e rat i n g p l an s and supported by appropriate frameworks an d s p o n s o rs hi p . A s s e t r e l i a b i l i t y a n d A ti on tt al e g r i t y : re l i ab i l i t y o rg an i z at i o n i s e s t ab l i s he d that identifies potential asset failures for elimination, tracks and investigates failures f o r i m p ro v e m e n t , an d f o cu s e s o n t he l i f e cy cl e o f as s e t s f ro m d e s i g n t o d e co m m i s s i o n i n g . Cost efficiency: C o s t i m p ro v e m e n t s are s t rat e g i cal l y ad d re s s e d , re g ard l e s s o f o i l prices or profit margin, looking far beyond s u rf ace co s t s , s u ch as p e rs o n n e l , an d i n t o t he hidden costs of inefficiency and rework. Tools an d t e chn o l o g i e s are i n p l ace t hat f o cu s o n i n cre as e d o i l p ro d u ct i o n o u t p u t . O p e r a t i n g m T ohi ds e o l u: t l i n e s ho w p ro ce s s e s , p e o p l e an d s y s t e m s i n t e ract t o s u p p o rt t he b u s i n e s s an d ho w t he y are arran g e d an d prioritized to achieve optimum efficiency. S u p p l i e r a n d c o n tC ro an tc ract t o ro s rs : an d s u p p l i e rs are i n t e g rat e d i n t o t he o v e ral l o p e rat i o n s p ro g ram an d co n t ri b u t e p o s i t i v e l y t o b u s i n e s s p e rf o rm an ce . A g re e m e n t s are s t ru ct u re d s o t hat o b j e ct i v e s an d o v e rs i g ht m e chan i s m s are cl e ar an d ap p ro p ri at e . Vital components for success e i i n p l , i i o n d d e e l o p m e n p l i n o i i o n o p e e g e d i n n i e d p l f o e p o i i o n , d n i n g e g i i n p l l i i i e d o n e n i e n l d i n m o e f f e i e o n f o i o n d e e T o p e i n g o i i o n m e l e l . e l i d o n m e d d o , d i • O p e r a t i o n s / b u s i n e s s m a n a g e m e n t s y s t e m • ( O rM g S a ) n : i z a t i o n a l d e v eAn l o established p m e n t : pool of skill Guidelines and necessary processes to establish how s t s s ace w t h s u cce s s an v t an s an rg an z at rat s are arran a ce t ral z ace r ach s t an a co t ract s t rat y s ace framework and adherence is strictly enforced, ensuring to establish the organization as a preferred place to work al co re act v t s are co s s t t y an t he s t and creates a competitive advantage in the marketplace. ct v w ay t s u s t ai t he t ran s rm at an achi v • P e r f o r m a n c e m a n a g he e m e nrat t : rg an z at as u rab re s u t s s t ab s he s an w s t ri cs an as hb ard s an v s u al • T e c h n o l o g i c a l A d v a n c i et h m n e w n tts e : chn o l o g i cal ad v an ce m e n t s , w e hav e t he p o t e n t i al t o i m p ro v e b u s i n e s s f u n ct i o n s acro s s t he i n d u s t ry . B i g d at a an d analytics, digital oilfield, industrial Internet of things and s e cu re cl o u d co m p u t i n g — t he re are a v ari e t y o f d ri v e rs emerging today. But, oil and gas companies must make the leap from the digital oilfield of the past and adopt p ract i ce s t o p o s i t i o n t he m s e l v e s f o r t he f u t u re . T hi s i n cl u d e s ad d re s s i n g t he e n t i re v al u e chai n , f o cu s i n g o n i n n o v at i o n an d au t o m at i o n . T e chn o l o g y has cau g ht u p with the industry’s needs — but the industry still lags b e hi n d i n l e v e rag i n g t he s e ad v an ce m e n t s . p e rf o rm an ce m an ag e m e n t i s u t i l i z e d t o d ri v e d ay - t o - d ay p e rf o rm an ce o p t i m i z at i o n . • C o n t i n u o u s i m p r o A v eco m n se tn an t : t e f f o rt i s m ad e t o improve process efficiencies, reduce “waste” and improve the way work is completed. F o r co m p l e t e an d s u s t ai n ab l e p e rf o rm an ce e x ce l l e n ce , o rg an i z at i o n s m u s t e s t ab l i s h t he ap p ro p ri at e O E cu l t u implement the key OE components, and strive for robust execution and continuous program enhancement. Driving operational performance in oil and gas | 9
Page 1 and 2: Driving operational performance in
Page 3 and 4: 1 E x e cu t i v e s u m m ary T he
Page 5 and 6: I n d u s t ry o b j e ct i v e s O
Page 7 and 8: Low oil prices highlight the effect
Page 9: T he an at o m y o f o p e rat i o
Page 13 and 14: m m m O p e rat i o n al e x ce l l
Page 15 and 16: 1 2 3 We identified three main reas
Page 17 and 18: 1 5
Page 19 and 20: m 3. Supplier and contractor manage

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