McRock's Industrial Internet of Things Report 2014

Page 7

To The Point On The Digital Oilfield

Henrik Holland Shell Technology Ventures

McRock: For over 15 years Shell has been considered a leader in the Digital Oilfield or as Shell terms it, the Smart Field. Since the term is fairly broad reaching, how does Shell define the Smart Field? Henrik: The Smart Field is where operators, partners and service companies seek to take advantage of improved data and knowledge management, enhanced analytical tools, real-time systems and more efficient business processes. At Shell, we strive to continuously optimize our assets for life-cycle value through the integration of technologies, people skills and workflows. This helps us enable top-quartile well, reservoir and production management.

“Shell has realized substantial savings from its Smart Field Program to date�

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