Hitting your numbers in Oil and Gas. The future of world energy: adapting to meet the challenges.
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1 Hitting your numbers in Oil and Gas The future of world energy: adapting to meet the challenges.
2 Hitting your numbers in Oil and Gas The future of world energy: adapting to meet the challenges. According to the IEA s World Energy Outlook 2012, global energy demand is expected to increase by more than a third by 2035, with China, India and the Middle East accounting for 60 percent of the growth, and more than outweighing reduced demand in developed economies. The IEA also foresees the US replacing Saudi Arabia as the world s largest oil producer by 2020, with North America becoming a net oil exporter by The region s new role in world energy markets is likely to drive a change in the international oil trade toward Asia, and highlight the importance of securing supply routes from the Middle East to China and India, who are set to account for 60 percent of the 30 percent increase in global energy demand between now and Source: IEA World Energy Outlook 2012
3 33 % increase in global energy consumption by
4 Hitting your numbers in Oil and Gas 60 % growth... in energy demand from China, India and the Middle East. * The changing landscape is in part driven by new technologies including hydraulic fracking that has made oil and gas extraction from shale rock commercially viable. Unconventionals, in the shape of tight oil in the US and oil sands in Canada, are only the beginning of a revolution in energy provision which could see China, Poland, Mexico and Saudi Arabia play a more prominent role in shale gas production. * Source: IEA World Energy Outlook 2012
5 By 2030 North America will be a net oil exporter. * In the face of these and other factors, the industry is adapting to accommodate new resources, new opportunities and new technologies which make it possible to do more with less, and help to meet the world s energy needs.
6 Hitting your numbers in Oil and Gas Staff shortages a key issue worldwide. Download Staff Guide On the global stage, shortages of sufficiently qualified staff impact on producers ability to capitalize on emerging technologies. Difficulty in sourcing appropriately skilled staff means that producers can t always meet the demand that exists. At the same time, the costs of recruiting, training and keeping good people have an affect on profitability while creating instability in the marketplace.
7 Download Safety Guide Safety risks. In practical terms, staff shortages lead to safety and compliance issues, with inexperienced teams lacking the sufficient industry knowledge and expertise. Legacy equipment, too, presents a risk in terms of meeting safety and compliance regulations. This equipment also makes it difficult to maintain the uptime necessary for optimum productivity. New automation technologies can enhance speed-to-market and increase operators ability to explore, tap and establish production quickly. They also enable producers to increase recovery from existing fields, and explore new, more hazardous environments, both offshore and onshore.
8 Optimizing production Download 4 ways to reduce costs and enhance assets Common to all operations is the need for integrated production, the key to operational excellence, the ultimate goal being automation from onshore and offshore exploration and production through processing, storage, and distribution. Operational support in 1 Offshore exploration and production l intensifying global demand for affordable energy l increasing regulatory pressures l Finding and developing new reserves l extending field life of existing assets l shrinking pool of suitably experienced employees l expanding subsea operations 2 Onshore exploration and production 6 key l emergence of new, non-traditional sources including oil sands, extra heavy crude, shale gas & liquids and coal bed methane l environmental impact and government regulations l Access to advanced process solutions to drive project efficiencies and keep costs under control areas. 3 Pipeline and transportation l ensuring safe gas flows in ever-increasing global pipeline infrastructure l need for advanced information solutions to monitor, maintain and control throughput l optimal efficiency of tank terminals and storage facilities
9 Hitting your numbers in Oil and Gas 4 Gas processing l increasing throughput while enhancing safety and system reliability l establishment of sufficient gathering and processing capacity to meet demand l inconsistencies in chemical make-up of different shale gasses l Decision support and model predictive control 5 liquefied natural gas operations l impact of LNG and huge expansion of inter-regional pipelines transforming market reach and liquidity of gas l Assuring safe LNG transport and storage l Compliance with stringent and changing legislation l Agility to meet changing market needs 6 Refining and petrochemical l operating within tighter margins and evolving product mixes l optimizing productivity and efficiency l meeting changing sustainability and regulatory requirements l Visibility of data across facilities
10 The oil and gas industry in focus. This is one of six Rockwell Automation guides focusing on key industry challenges The future of world energy: adapting to meet the challenges. 4 ways to maximize assets. Ensuring operational excellence. 4 ways to reduce operational costs. Balancing operations and maintaining profitability. How to hit your numbers in critical control and safety. The costs and complexities of industry safety issues. How to hit your numbers when there is a skills gap. Overcoming staff shortages worldwide. How to hit your numbers in operations management. Optimizing production and reducing costs. For more details about the comprehensive solutions we offer in oil and gas, visit
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