Unite planning and operations in a multidimensional environment.
LONDON, December 17, 2020—Schlumberger and OMV Upstream today announced an enterprise-wide deployment of AI and digital solutions enabled by the cloud-based DELFI* cognitive E&P environment, across OMV’s global operations. The five-year agreement will see the two companies collaborate to enhance efficiencies across OMV’s operations and position the company as a digital front-runner in the energy industry.
“We are working hand in hand with OMV; jointly innovating on projects to support specific business goals like the reduction of well planning times and acceleration of field development planning, supported by leading digital technologies deployed within the DELFI environment,” said Rajeev Sonthalia, president, Digital & Integration, Schlumberger. “This global digital deployment is a testament to the operational teams of both companies. The successes we have already achieved together underpin our innovation mindset to set us on a steady path toward achieving the enterprise-scale successes OMV is targeting.”
“OMV and Schlumberger share the belief that digitalization is more than technology,” said Johann Pleininger, Executive Board member responsible for Upstream and Deputy Chairman of OMV. “It’s a new way of working and how we organize our global businesses. We are leveraging the DELFI environment to make the integration of our teams a reality. The powerful combination of physical science enhanced with new digital technologies leads to significantly faster and more informed decisions across both technical disciplines and operational settings. This can make our business even more efficient and therefore more cost-effective.”
An extensive pilot deployment of the DELFI environment helped OMV realize operational efficiencies in exploration, field development planning, drilling and well planning. The OMV Upstream subsurface team used AI-enhanced workflows in the DELFI Petrotechnical Suite to automatically create and simulate 200 model realizations in one-sixth of the time. In well planning operations, the DrillPlan* solution helped plan eight wells in the time it would normally take to plan one.
The agreement formalizes the commitment from both companies to progress the industry standard OSDU™ data platform and lays the foundation for further collaboration and innovation for workflows and solutions across the energy spectrum.
Schlumberger is the world's leading provider of technology and digital solutions for reservoir characterization, drilling, production, and processing to the energy industry. With product sales and services in more than 120 countries and employing approximately 82,000 people as of the end of third quarter of 2020 who represent over 170 nationalities, Schlumberger supplies the industry's most comprehensive range of products and services, from exploration through production, and integrated pore-to-pipeline solutions that optimize hydrocarbon recovery to deliver reservoir performance sustainably.
Schlumberger Limited has executive offices in Paris, Houston, London, and The Hague, and reported revenues of $32.92 billion in 2019. For more information, visit www.slb.com.
OMV produces and markets oil and gas, innovative energy and high-end petrochemical solutions – in a responsible way. With Group sales of EUR 23 bn and a workforce of around 20,000 employees in 2019, OMV Aktiengesellschaft is one of Austria’s largest listed industrial companies. In Upstream, OMV has a strong base in Central and Eastern Europe as well as a balanced international portfolio, with Middle East & Africa, the North Sea, Russia and Asia-Pacific as further core regions. Daily average production was 487,000 boe/d in 2019. In Downstream, OMV operates three refineries in Europe and owns a 15% share in ADNOC Refining and Trading JV, with a total annual processing capacity of 24.9 mn tons. Furthermore, OMV has a 75% participation in Borealis, one of the world’s leading producers of polyolefins. The Company operates about 2,100 filling stations in ten European countries. OMV runs gas storage facilities in Austria and Germany. In 2019, gas sales volumes amounted to around 137 TWh. Sustainability is an integral part of OMV’s corporate strategy. OMV supports the transition to a lower-carbon economy and has set measurable targets for reducing carbon intensity and introducing new energy and petrochemical solutions.
*Mark of Schlumberger.
For further information, contact:
Ndubuisi Maduemezia – Vice President of Investor Relations, Schlumberger Limited
Joy V. Domingo – Director of Investor Relations, Schlumberger Limited
Office: +1 (713) 375-3535