Accelerating Our Transformation Jean-Francois Poupeau EVP Corporate Development and Communication UBS Houston Energy Symposium Houston, September 16, 2015 1
Agenda Transformation Overview Transformation Rationale and Goals Transformation Method Early Results Critical Factors for Success 3
Schlumberger Management Structure Chairman & CEO EVP Corporate EVP & CFO EVP Technology Development Research Investor Relations Characterization Drilling Production Operations Drilling & Engineering Communication WesternGeco…
The Foundations R&E Transformation Total restructuring of R&E organization Total redesign of R&E operating system Full implementation Design and pilot Reorganization Benchmarking 8 years and over 350 million of investment 2007…
Impact on Product Performance 2014 versus 2011 Quanta Geo PowerDrive/TeleScope ICE Infinity 60% increase in high impact technology introductions per R&E dollar spent 80% reduction in customer Non-Productive Time attributed to…
Transformation Industry Challenges Technology Extending technical performance with game-changing technology Reliability Learning from other industries and adopting new ways of working Efficiency Optimizing the support platform…
Leveraging Scale, Managing Complexity 108,000 women and men 6,500 customers 140 nationalities 1.1 million operating hrs/mo 85 countries 5.8 million feet drilled/mo 4,000 drilling rigs 150,000 mobile assets 1,200 workover…
Challenging What We Do Schlumberger Transformation Goals In-depth reflection on operational processes Inventory Operational Levels Asset Best practices from other industries Reliability 25% Utilization 10x 100% Upgrade the…
Challenging What Our Industry Does Integrated Partner Fully integrated technology and systems Number of suppliers Leveraged knowledge and expertize Reduced stakeholders in the value chain Multiple Commercial alignment…
Statoil Mariner Project IPM Group and and product lines Project and Asset Management SPM delivery process Business Models Workflows Integrated Technology development Technology and and deployment processes EMS GeoMarkets…
Schlumberger Transformation Method Schlumberger Schlumberger Product Development Method Transformation Method Based on experience from R&E transformation and ongoing business initiatives Change management best practices and…
Industrializing Change Multiskilling Examples Requirements for Deployment - Multiskilling Contract T&Cs Local Comp & Ben Plan Local Deployment Plan Sales Enablement HR Enablement Certification Training Risk Assessment…
Accelerating Our Transformation Operational Implementation of standard work standards Reliability and processes to lower customer NPT 10x Inventory Levels Centralization of distribution to lower 25% inventory days and…
Operational Reliability Operational Reliability 10x Reliability* 5.5 X 2009 2010 2011 2012 2013 2014 YTD-2015 Non-Productive Time / Operating Time 55% H1-11 H1-12 H1-13 H1-14 H1-15 * Reliability trend for a basket…
People Productivity People Productivity 20% Remote OperationsD&M Mexico 35% 2013 average crew size 2015 YTD 26 % reduction in crew size per rig Remote OperationsIPM Ecuador 23 Geoservices 17 M-I Swaco Drilling &…
Support Cost Optimization Revenue and Headcount trend relative to 2004 450% Revenue 300% Field and operations (variable) headcount Support (fixed) headcount 150% 0% 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013…
Creating and Capturing Value Customer Benefits Successful execution, ahead of plan Lower NPT Reduced rig-site personnel Lower HSE impact Schlumberger Benefits Increased revenue per operating day Lower operating costs…
Years of Incremental Performance Improvement Operational Reliability 10x Impact on Operational Reliability Asset Utilization 100% Impact on Assets Utilization Inventory Levels 25% Impact on Inventory Levels People…
Critical Factors for Success Mature organization with effective management structure High levels of technology and process integration Investment in R&E transformation since 2007 Proprietary method based on years of experience…
Accelerating Our Transformation Jean-Francois Poupeau EVP Corporate Development and Communication UBS Houston Energy Symposium Houston, September 16, 2015
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