UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 Good morning ladies and gentlemen. Id like to thank UBS, and Angie Sedita in particular, for the invitation to be here today. During the UBS Houston Energy Symposium…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 While this stands as the most severe oil and gas industry downturn in 30 years, it is not the result of lower demand or other external factors that have characterized…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 At Schlumberger, there are three complementary dimensions to this. First is the tremendous opportunity for E&P operators and service companies to significantly improve…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 collaboration between operators and the service industry by using commercial models that are more closely aligned to create value as a joint effort. Let me now provide…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 In the second dimension of transformation, we are shifting our development process from discrete technologies to the creation of digitally enabled systems. These…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 The third dimension of our transformation focuses on the deployment of closely aligned business models that leverage our capabilities with those of our customers in a…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 When engaging with customers we see three levels of increasing integration. The first of these is Integrated Services Management, where specially trained project managers…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 After four years of deploying transformation initiatives across our organization, the improvement in our intrinsic performance is becoming more and more visible.…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 Improving the reliability of our products and services has required closer interaction between our engineering and manufacturing organization and field operations. To…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 The reliability of our equipment is also assured by a network of Regional Support Centers. These centers oversee fleets of equipment and monitor crews on site along…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 Another transformation initiative, Logistics Control Towers, also boosts efficiency. Their use by Well Services in North America land centralizes management and…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 Improving reliability is not limited to equipment. Processes also have to be reliable. In fact process reliability accounts for about 75% of all NPT and therefore has…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 Drilling & Measurements in Russia has been using remote operations since 2009 and today 83% of their work is handled by the Remote Operations Center in Tyumen, Western…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 Our transformation has enabled us to increase our asset utilization by reassigning equipment at a regional level instead of the operating location. This gives us the…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 We have also been focusing heavily on reducing our support costs. Although we experienced consecutive years of growth between 2011 and 2014, the shared support…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 In managing our working capital, progress has been slower because, for some customers, budget restrictions in the current downturn are limiting and delaying payments.…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 Ladies and gentlemen, before I conclude, let me remind you that our transformation is a multiyear program that will continue to expand and accelerate. The improvements…
UBS Global Oil & Gas Conference Jean-Franois Poupeau May 25, 2016 As we move toward this future state during the coming years, we are confident that at each stage we will provide an incremental step change in efficiency and operational…
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