This document contains “forward-looking statements”- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expectation of future conditions including, without limitation, economic conditions, energy demand, energy supply and capability requirements. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements. From Discovery to Production—The Challenges of Execution Oil & Money 2013, London, UK October 2, 2013
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Schlumberger Business Consulting's President, Antoine Rostand shared his views at Oil & Money 2013
Schlumberger Business Consulting's president, Antoine Rostand shared his views on the challenges of execution from discovery to production within the energy industry and the ability to be able to transform reserves into production.
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This document contains “forward-looking statements”- that is, statements related to future, not past, events. In this context, forward-looking statements often address our expectation of future conditions including, without limitation, economic conditions, energy demand, energy supply and capability requirements. Forward-looking statements by their nature address matters that are, to different degrees, uncertain. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.
From Discovery to Production—The Challenges of Execution
The industry faces a shortage of experienced professionals
PTPs per age bracket on a global basis Global number of PTPs (2011-2025)
Note: PTPs stands for Petrotechnical Professionals (geoscientists and petroleum engineers).Source: SBC O&G HR Benchmark 2006-2012, World Energy Outlook 2012
It matters as production is correlated with talent availability
Total number of technical resources vs. operated production
1Low production growth: companies with less than 2% CAGR of operated production during the last 4 years.Note: For confidentiality reasons, company data have been replaced by illustrative data pointsSource: SBC O&G HR Benchmark 2012