Background:

Cutting-Edge Technologies means different things to different people and can cover a wide range of areas. For this Forum, Cutting-Edge is defined as a solution with potential to add material value to onshore exploration & production companies within 3 to 5 years, and which will be viewed by most Forum participants as being of interest, having a degree of novelty, and possibly falling within their company’s future risk appetite.

Some technologies have been around for many years but are just becoming field-tested, while other technologies have been proven in certain applications and are being extended into new areas. Examples include extensions from subsea to onshore applications, or even from other fields such as medical research to reservoir analysis.

Study Scope:

This forum looks through the lens of the core value chain elements and target technology themes that are most commonly associated with cutting edge. Samples of these technology areas and application areas are listed below:

APPLICATION AREAS

• Exploration & Development (Subsurface) – faster, better interpretation, new measurements
• Drilling – new hardware, automation
• Completions – new measurements, new equipment, new software
• Production – new artificial lift, water handling, asset integrity, connected worker
• Mid/Back Office – new supply chain, process automation, training, HR

TECHNOLOGY AREAS

• AI /ML (new algorithms, new data)
• High Performance Computing (quantum computing, GPUs)
• Computer Vision (Camera, Drone, Satellite)
• Advanced Materials
• Novel Sensors (LASER, MEMS, Microfluidics)
• Connected Worker (Mobile, AR/VR, Wearables)
• Additive Manufacturing (Metals, Rock/lab)
• Marketplaces/Business Models
• Automation (Process and Hardware)