Behind Oil Profits: A Look At ExxonMobil's Technology Alignment - ' Virtual Drilling'
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: Exxon's Technology Edge ">
The second key element in the find, drill and produce equation is the technology Exxon uses for directing the drilling of its wells. The company was among the first to create a virtual drilling center to essentially monitor, analyze and direct the drilling of wells around the globe. Sensors mounted just behind the drill bit detect everything from how deep the well is to how fast the bit is drilling, the amount of mud flowing in and out of the hole, and dozens of other inputs such as surrounding pressures and temperatures. The information is captured and sent via satellite link-ups to the Drilling Information Management Center in Houston. There, engineers and geoscientists monitor the incoming data to direct the operation and hit the pay zone.

The operation can be compared to that of a surgeon. Direct the well just a few degrees off, and it could miss the target entirely or fracture the reservoir, allowing oil to seep out or water to seep in.

The big advantage virtual drilling provides is that engineers and geoscientists don't have to actually be at the rigs in the Gulf of Mexico, Angola or the North Sea to direct the operation.

"If we have one guy who's an Einstein at this, we can't afford to have him at all these places around the globe," Comstock says. "He can direct the operation from here, then move on to the next job."

It's the primary reason why Exxon has been able to reduce the number of geoscientists it employs to about 1,500 today, compared to about 3,000 at the time of the merger with Mobil in 1999, with no drop in production.





Story Guide:
Straight shooter: CEO Rex Tillerson Doesn't Play Games

Big Oil's Big Challenge

R&D Like Launching a 'Moon Shot' Every Decade

Exxon's Balanced Methodology

Virtual Drilling: Exxon's Technology Edge

Business Intelligence Guides Exploitation of Oil Resources

Oil in the DNA: The Exxon Culture

ExxonMobil Base Case

The Technology of Oil Exploration

Context:

How Big Oil Uses XML

Roadblock: Getting Oil Business Managers on Board

Gotcha: Don't Let Grid Computing Trip You

Vendor Profile: A Look at IBM's Supercomputers and the Oil Business

Next page: Simulations Guide Exploitation of Each Oil Pool

Next: ' Simulations Guide Exploitation of ' >>

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