Keith Mackie of ITF highlights what to expect from the upcoming ITF Technology Showcase
The 2016 ITF Technology Showcase is framed around the key oil and gas industry challenges identified in the UK by the Technology Leadership Board (TLB). These high-level challenges reflect the 4 technology themes currently underway: Asset Integrity, Reliability and Production Efficiency; Well Plugging & Abandonment; Technologies for Marginal Developments and Small Pools; and Well Construction & Drilling Automation.
To underline the importance of these themes, the operating companies tasked by the TLB with leadership and responsibility are hosting each of the technical presentation sessions. In this respect, ITF’s director of Strategic Projects and International Development, Keith Mackie, believes that this year’s Showcase is absolutely on-point with current trends and fully aligned with industry thinking.
ITF’s global membership of operators and service companies expect the organisation to encourage and promote the development of innovative technology in the oil and gas industry – in the UK and internationally. The group is specifically tasked with identifying potential solutions to technology challenges where collaboration could bring benefit to the industry as a whole. In the current environment, where the requirement for cost savings and increased production efficiency (PE) through collaboration is the headline for every story on maximising economic recovery, an organisation such as ITF is well-positioned to bring together the research and development community with the global operators.
The 2015 event succeeded in showcasing a number of exciting technologies from sectors outside the oil and gas industry, as well as providing the platform for other industries to share their experiences of coming together in order to secure funding to develop technology. From discussions with our membership, it’s clear that this type of transfer of technology is extremely desirable.
Adoption and adaptation could be the watchwords for the industry as it looks to address its own technology issues, and making use of knowledge and expertise from other industries would appear to represent an extremely efficient way of helping get to solutions quickly.
Through the numerous technical presentation sessions and the accompanying exhibition, delegates will get the opportunity to hear and see details of innovative new technology ideas. Contacts will be made, ideas shared and in many cases this will be the start of a positive relationship that could lead to the development of game-changing solutions.
Each of the 4 technical sessions will be hosted by the operator entrusted with moving that thematic area forward through technology. Look out for smart ideas on using unmanned autonomous vehicles for inspection purposes, alternatives to cement for plugging abandoned wells, radical pipe materials to enable marginal pools to be developed, and revolutionary drilling methods and techniques.
The 2016 Showcase will undoubtedly emphasise the fact that there is no shortage of smart, novel ideas and clever people willing to channel their time and effort into addressing the big challenges. However, this enthusiasm needs to be properly harnessed and channelled, and encouragement given that the industry is actively ready to support initiatives through sponsorship, guidance and access to personnel and facilities.
And doing so could yield tangible, game-changing results. “This Showcase could provide the first steps towards addressing some of the key issues that keep the industry leaders awake at night,” Mackie said.