PRESS RELEASEFour Seasoned Sales Professionals Join TiandiAugust.26.2013|Posted by Gisele
For Immediate Release – August 26, 2013 – Houston, TX: Tiandi Energy announces the addition of Rob Condina, Justin Laird, Kevin Rohr, and Pete Rullman to the Sales team. All four gentlemen have joined Tiandi as Business Development Directors, and will report in to Scott Watkins, Vice President of Sales and Marketing.
“We are thrilled to have these new members join our ranks. I’ve personally worked with all of them in the past and I know they bring with them proven track records of success developing high quality solutions for clients.” - Scott Watkins.
Rob Condina comes to Tiandi with 30 years of Oil and Gas industry experience and owned his own business, Seamless Solutions, from 1999 to 2007. Prior to Tiandi, Rob worked for Honeywell International, WonderWare West, and Woodward Controls. Rob specializes in business development, growing sales territories for increased profitability, and establishing relationships with customers. Rob is a graduate of Lamar University and in his free time, Rob enjoys a variety of indoor and outdoor sports, music, and rebuilding vintage motorcycles.
Justin Laird is a highly experienced sales professional with a strong background in business development, strategic sales, and account management. Prior to joining Tiandi, Justin served as Senior Account Manager to Honeywell Process Solutions responsible for growing business throughout Oklahoma, Kansas, and the Gulf Coast. Justin began his career with Standard Automation where he held a sales position focused on providing process automation software solutions. He then joined AWC Inc. where he started and managed a new branch of the company in Oklahoma City and was directly responsible for successfully developing business throughout Oklahoma and Kansas. Justin is a native of Baytown, TX and is a graduate of University of Houston with a degree in Sociology.
Kevin Rohr comes to Tiandi with 27 years of sales experience in the oil and gas industry. Prior to Tiandi, Kevin worked for ServiceStar, WonderWare West, and Amoco. Kevin’s specializes in working with customers to optimize operations using automation, increasing production targets through these changes, and creating relationships for positive results. In his free time, Kevin and his wife enjoy wine tasting, working with charity groups, and supporting his two daughters through their final college years at K-State and Texas A&M.
Pete Rullman is a graduate of Texas A&M University with a degree in Electrical Engineering. He started his career at Mustang Engineering designing and configuring upstream oil & gas SCADA systems for nine years. After Mustang, he moved into consulting and sales for Invensys Wonderware where he focused on growing their upstream business. Most recently, Pete has spent the last five years working as the global estimating tools and process manager for Honeywell Process Solutions in their projects and automation solutions business. Pete is excited to get back in front of customers and is looking forward to growing the business of Tiandi Energy. In his free time, Pete enjoys spending time with his wife and twin sons.Keywords: Business Development, Sales, Solutions, Account Management
WE BOUGHT IT! NOW WHAT???by Richard WardJuly.30.2013|Posted by Gisele
One of the great things about the oil and gas industry is that in deregulated regions, it is pure economic theory in practice.
Opportunity, effort, and capital reallocate themselves on a fairly regular basis throughout the buying and selling process of mature assets. Where one party has an asset they no longer need or want, the next party sees it as having great potential.
However, an interesting phenomenon is creeping into the situation. Where at various phases in the cycle capital has been the limit, or even available assets, we are now hearing that staff availability is becoming an obstacle to opportunity exploitation. Specifically, the additional staff needed to integrate and grow a newly acquired producing asset is simply not available or very difficult to obtain in a timely and cost-efficient manner.
To put this into some context, we have analyzed the ratio of production and staff as reported by pure upstream companies in their publicly filed 10-K reports (below). After reviewing the data from 6 firms over the last 5 years, a consistent trend emerged. Each E&P employee supports ~126 BOED of production. Given the 10-Ks were reporting total employment, we must assume this 126 BOED applies to all staff including clerical and field offices.
In a worked example the following would be true. If a firm acquires a mature asset producing 10,000 BOED today and plans to double production in three years to 20,000 BOED they would need to hire 158 new staff to manage and grow production.
Finding and hiring 158 new staff may not be an impossible task for a large organization with a well organized HR department, but for firms with a little less scale such a task could be daunting. It is estimated that on average, for each new hire, three people are interviewed, resulting in the need to interview nearly 500 people to fill these 158 slots.
Another factor to consider is change in the mix of team members as a newly acquired asset is processed and assimilated.
Assuming minimal staff came with the acquisition, Day 1 is often focused on understanding what assets – both physical and informational – came with the purchase. This initial period is often an information intense effort where data is inventoried, cross-checked against commercial and legal records, and usually loaded into the acquiring firm’s databases and software platforms. The type and number of staff needed for this phase is often different than those needed for the day to day operation of the field. As such, many firms struggle to get up to speed as quickly as they originally planned.
Once a baseline understanding of ‘what we bought’ is established, then the real value creation phase begins. Engineers and geo-scientists begin drafting “Field Development Plans” seeking to re-vitalize, expand, and exploit the potential of the field often through waterflood and other enhanced recovery methods.All of these tasks require trained staff, organized and managed. Each day they are not working on your project, you are missing out on 126 BOED!Keywords: Acquisitions, Staffing, Assets, Engineering
PRESS RELEASETiandi President talks data management’s role in staffing and project costsJune.24.2013|By PennEnergy Editorial Staff
Tiandi Energy is making a name for itself in the fields of data management and skilled staffing. In a conversation with PennEnergy, Tiandi President and co-founder Richard Ward has shared his thoughts on the role of data management in the industry, and how recent changes and technological advances are making it more important than ever.
Specifically regarding “The Big Crew Change,” the impending retirement of seasoned industry veterans and the concerning lack of skilled incoming workers to replace them, Ward sees the need for a major discussion between industry experts.
“One of the hard truths of ‘the Big Crew Change’ is someone new is going to have to do the work,” said Ward. “As such, we probably need to engage in an industry wide discussion of expectation of and investment in ‘a professional hand over’. What does it mean to finish one’s career as a professional, and hand over one’s work to someone else?
“Data management plays a significant role in this as they are the bridge between the current generation of workers and the next, whoever they are & where ever they are. One can imagine that when a new worker enters the industry a few years from now one of the first people they will seek is the Data Management team. “Where is everything I need to learn to get up to speed?” will be asked of the Data Management team, either directly or indirectly when the overworked operational managers do not have time to sort through everything.”
Ward also sees data management’s role in reducing project costs, specifically in unconventional exploration. Costs are rapidly increasing in that corner of the industry, in part due to staffing problems.
“Unconventional reserves require more man-hours per barrel to develop,” said Ward. “Available manpower is rapidly diminishing, thus salaries and day-rates are on the increase. In these situations effective Data Management can reduce the time, and therefore budget, wasted searching for data and related documentation.”
The slightest cost increase can quickly snowball when spread across an entire shale play.
“Due to the volume of wells drilled in unconventionals, a significantly higher budget than “old school” drilling may exist,” said Ward. “With some wells costing $10,000,000 to drill, increasing that cost by only $500k can end up costing your company Billions for the entire play when multiplied across a large number of wells. As such there is constant pressure to be faster, cheaper, & more agile in operations. All of these are a function of decisions driven by data. Poor data management slows things down and delays progress. Good data management can enable rapid cost reduction and control.”
For some, a small compatibility issue can arise when implementing new data management. According to Ward, it’s not a new concern, and it’s one with existing fixes.
“This is an old problem for the industry and one that persists as new systems and platforms are introduced to the portfolio,” said Ward. “With regards to workarounds, adherence to standards such as PPDM or WITSml greatly reduce this issue. But even then, most of these situations reduce to manual comparisons between schema and documentation.”
For the first part of PennEnergy’s conversation with Richard Ward, click here.
See original article here.Keywords: Staffing, Consultants, Manpower, Human Resources
PRESS RELEASESenior Technical Recruiter Joins Tiandi Energy Enhancing Staffing CapabilitiesJune.20.2013|Posted by Gisele
For Immediate Release – June 20, 2013 – Houston, TX: Tiandi Energy announces the addition of Karl Alfeld as Vice President of Staffing. Karl is a technical recruiter and executive leader with exceptional skills in the recruiting process of professionals for domestic and international opportunities within
all facets of the oil and gas industry.
“We are thrilled to have Karl join our Executive Team,” said Scott Watkins, Vice President of Sales and Marketing. “He is one of the most talented staffing professionals I know, and I am confident that our clients and our team members will benefit greatly from his contributions. His focus on value creation is a perfect fit with our culture and results.”
Karl Alfeld was the former President of Seis-Stream Global LLC, a full service oil & gas consultancy firm in Houston. In 1982, Karl joined Diversified Human Resources Group and played an integral role in the company as it grew from a one office company in Dallas to the largest placement company in the US. His focus was the development of engineering and technical groups; with Karl’s help, the company opened 20 new locations in Houston, Atlanta, Phoenix, Minneapolis, Los Angeles, Chicago and Denver. In 1990, Karl founded Alfeld & Associates, a company with a focus on supplying technical professionals to the oil and gas industry.
The addition of Karl to the Tiandi family serves as a testament to the dedication the company has to be THE trusted resource for delivering staffing solutions to the manpower-poor E&P industry. Solutions are tailored to specific Client needs, whether it’s staff augmentation, project teams, executive search, or even outsourcing of entire departments.Keywords: Staffing, Consultants, Manpower, Human Resources
PRESS RELEASETiandi President talks data management and skilled staffing with PennEnergyJune.17.2013|By PennEnergy Editorial Staff
Data management and the shrinking pool of industry professionals are two of the primary concerns for the upstream sector of the oil and gas industry. Coupled with the ongoing boom in unconventional exploration, these challenges put industry professionals in a tight spot – the need for expertise is combined with minimal time to implement it.
Tiandi Energy's goal is to meet those demands in the limited time available. One area the company specializes in is partnering skilled personnel with the companies that need their expertise. Tiandi is also deeply entrenched in data management, offering tools to ensure accuracy in inventory, diagnosis, repair, and organization
PennEnergy recently corresponded with Tiandi Energy President and co-founder Richard Ward, to discuss data management and “The Big Crew Change.” Prior to founding Tiandi, Ward held numerous positions within IHS Inc., and spent six years with Cambridge Energy Research Associates. There, he specialized in strategic issues concerning oil and gas technology.
Looking at the upstream sector, Ward says the unconventional exploration boom is taxing the pool of experienced professionals, creating new challenges for companies
“Once dormant fields are being revitalized for shale development and offshore drilling continues to push the limits out farther and deeper than ever before - both requiring more man hours per barrel to develop.” said Ward, “While technology has made drastic advances over the past decade, there
is no denying the shortage of manpower being experienced in North America, among other places. Just as the retirement rate of E&P professionals continues to rise, so does the amount of data that needs to be managed.”
Ward says the revitalization of these fields mean a greater focus on data, possibly very old data.
“What was old is new again as legacy data is dragged out of storage and dusted off to present a fresh look at an area’s geology and how new technology might make a play possible,” said Ward. “Historic data doesn’t do anybody any good unless there are qualified professionals capable of filtering through and capturing relevant components. In shale plays, new data is being spewed out of the 1000s of unconventional well sites faster than the oil itself. Harnessing the surge of new and legacy data has become a critical role necessary to maximize the value of a well.
“The old saying “those who do not learn from the past are doomed to repeat it” could be rewritten for the oil industry as “those who do not learn from the past are doomed to pay dearly in time, money, resources, and lost opportunities.” As more and more companies are recognizing data as a corporate asset, the need for effective data management processes and governance will continue to grow.”
Meanwhile, as exploration evolves with the focus on shale oil and gas, the intricacies of data management have also undergone changes. Ward sees 3 significant changes in upstream data management over the last decade; real time data delivery, an end to paper, and the globalization of collaboration.
“While the industry has long had SCADA and other production monitoring systems,” said Ward, talking about real-time delivery, “the dramatic increase in the instrumentation of the oilfield has brought a significant increase in the need for Data Management teams to understand and adapt to the needs of real-time. Where real-time drilling was an exotic novelty 10 years ago, in some firms it is considered a baseline requirement for all wells.”
Regarding the (eventual) end of paper for data management, Ward said, “The industry has been scanning and digitizing documents for decades, but now we appear to be nearing the end point. Office closings, M&A, and retirements appear to be driving a number of projects and may soon result in the ‘paperless offices’ originally promised in the 1970’s.”
“The desire to get the most from their (remaining) people has driven the push towards collaboration between distributed and globalized teams,” said Ward, on Globalized collaboration. “Hand in hand, this has driven a need for high speed, redundant and flexible data management solutions that can support this type of environment.”
Check back next week for the second part of PennEnergy’s conversation with Tiandi’s Richard Ward.
For more information on Tiandi, visit their website at http://www.tiandienergy.com/.
See original article here.Keywords: Staffing, Consultants, Manpower, Human Resources
PRESS RELEASEPerigon Solutions and Tiandi Energy Join Forces to Create the Ultimate Data Management SolutionMay.9.2013|Posted by Gisele
For Immediate Release – May 9, 2013 – Houston, TX: Tiandi Energy, a leader in providing multi-disciplinary teams of geoscientists and engineers, has joined forces with Perigon Solutions (Perigon) in order to offer the most comprehensive data management solution to the E&P industry.
Perigon is the creator of the iPoint product suite which allows cross-disciplinary teams to access all legacy and new data in the proven iPoint format without having to spend hours filtering through and converting it. iPoint manages and displays together wellbore data at user-defined multiple scales (single or multi-well), combining image and ASCII data intelligently on-screen for the ultimate correlation and understanding across many disciplines. When combined with Tiandi’s workforce, the result is the ability to make better informed, production-enhancing decisions.
“Tiandi has added significant value for our clients in maximizing their iPoint investment. They provide highly trained, petrotechnical teams, resulting in a top quality, iPoint-ready data delivery.” – Grant Monaghan, Managing Director of Perigon Solutions
Tiandi has the unparalleled ability to assign iPoint-trained geologists, petrophysicists, geophysicists, and engineers to projects immediately. All those boxes and shared drives of data in various formats can now be put to use in a time frame that was never possible before.
About Perigon Solutions
Perigon Solutions is a software, services, and data management company that provides proven solutions for managing and visualizing subsurface wellbore data. Perigon’s success has been founded on enabling geoscientists to spend quality time evaluating data and not just looking for it. Its iPoint product suite provides powerful Co-Visualization of any wellbore data type, allowing such a varied audience as Geologists, Petrophysicists, Geophysicists, Reservoir Engineers, Drillers, and Data Managers to benefit from a single tool and interface with tailored workflows. For more information, visit their website.Keywords: Data Factory, Wellbore Data, iPoint, Data Management
Education is the Future!By Richard WardApril.24.2013|Posted by Gisele
April 24, 2013 – Houston, TX: Education is the future! Sound familiar? How many times have we heard this? Every politician keeps this stock phrase at the ready for use at a moment’s notice. Universities seeking fee paying students blast parents with advertisements and dire warnings of the same.
Of course, they are right. Education, rather than being the future, more importantly creates a better future. A person recently educated in current technologies, methods, and paradigms is better prepared to meet the challenges and grasp the opportunities of the day.
In our industry we have experienced a paradigm shift as dramatic and as altering as the introduction of the iPhone was to the software industry. In 2007, when the iPhone was introduced, there were no apps. There were not the estimated 500,000 current full time ‘app developers’ and there were no ‘app billionaires’ as there are now. Each of these people had to train, adapt, and learn to take advantage of the situation.
Similarly, in our industry it is “unconventionals” that professionals are learning to take advantage of. I could describe the before and after impact of unconventionals on our industry, but most of you are living this transformation and can better describe it than me.
This brings me back to education, the future, and Tiandi.
Within a business setting education is hard work and a difficult choice. Staff members are removed from “productive work” – often for extended periods of time. Materials and coursework must be developed – often at significant cost. And as with every investment there is an element of risk, and it is not always certain it will pay off.
But, education is the future.
Thus, it is with great pleasure that I announce the opening of the Tiandi Academy for our staff.
The purpose of the Academy is to teach new graduates and early career E&P professionals the fundamentals of practical reservoir characterization, field development planning, and consulting professionalism.
Over the course of eight weeks, multi-disciplinary teams execute practical, hands-on projects that require them to improve their ability to define the scope of technical and business problems, discuss solutions and options with a variety of customer types (ranging from friendly to rude), document their processes, describe progress, and develop and present final reports, all in English.
Then it gets fun.
One of the defining characteristics of our industry is uncertainty. As such, at some point during the Academy a major uncertainty is revealed to the students – just as it is in the work and projects you trust us with – and the teams must re-group, re-verify, and re-plan a conclusion to the exercise allowing for this new and dramatic uncertainty.
It is at this point that the teams are truly tested. This new uncertainty cuts across multiple disciplines and work flows. For most of them it is outside of their professional experience, so it is challenging to them on multiple levels. To overcome the uncertainty they will need to draw on their education, their team mates, and Tiandi’s growing network of Technical Advisors (see ‘The Best of the World’ post).
Given there are multiple teams in each semester of the Academy, there is also an element of cooperation and camaraderie, but also fierce competition. Just like in the real world.
Just like in the real world, the exercise we make the students work is an unconventional shale play.
The big uncertainty?
I don’t want to reveal too much, but maybe the geology isn’t as simple as ‘the experts’ told you at the beginning of the exercise…
Sound familiar?Keywords: Education, Training, Tiandi Academy, Unconventionals
PRESS RELEASEFormer ConocoPhillips Senior Vice President Exploration and Production Joins Tiandi’s Advisory TeamApril.16.2013|Posted by Gisele
For Immediate Release – April 16, 2013 – Houston, TX: Tiandi Energy is pleased to announce Dr. Kevin O. Meyers has joined its Corporate Advisory Team. Dr. Meyers brings over 33 years of oil and gas industry experience to Tiandi.
Kevin Meyers retired from his position as Senior Vice President Exploration and Production – Americas, for ConocoPhillips at the end of 2010. Before assuming that role, he had been president of ConocoPhillips Canada since late 2006. He served as President of ConocoPhillips Russia and Caspian Region, based in Moscow from 2004 to 2006, where he was responsible for exploration and production activities in the former Soviet Union and was the lead executive in Russia for the COP LUKOIL strategic alliance. Dr. Meyers had been president of ConocoPhillips Alaska, a position he had held since Conoco and Phillips merged in 2002.
Dr. Meyers began his career in 1980 working for the oil company ARCO at its Exploration and Production Technology Center in Texas. In 1987, he transferred to Alaska, where he was responsible for reservoir engineering and field development for the West Sak, Kuparuk, and Prudhoe Bay fields. He moved to Midland, Texas in 1993, and assumed responsibility for ARCO’s Permian Basin operations. The following year, Dr. Meyers was named Vice-President of Engineering and Technology for ARCO’s international exploration and production operations. In 1996 he returned to Alaska as Senior Vice-President for Prudhoe Bay, and in 1998 he became president of ARCO Alaska. He continued this role with Phillips Petroleum when BP purchased ARCO in 2000.
A Pennsylvania native, Dr. Meyers has served on several boards, including LUKOIL, the Board of Regents for the University of Alaska and the Nature Conservancy of Alaska. He currently serves on the Boards of Hornbeck Offshore Services (NYSE:HOS), Denbury Natural Resources (NYSE:DNR), Precision Drilling (NYSE: PDS), Bill Barrett Corporation (NYSE:BBG), the World Energy Council, and the Houston Symphony. He holds a doctorate in chemical engineering from the Massachusetts Institute of Technology and bachelor’s degrees in chemistry and mathematics from Capital University in Ohio.Keywords: Kevin Meyers, ConocoPhillips, Exploration, Advisor
PRESS RELEASEFormer Head of Texas A&M University’s Petroleum Engineering Department Joins Tiandi’s Advisory TeamApril.15.2013|Posted by Gisele
For Immediate Release – April 15, 2013 – Houston, TX: Tiandi Energy (Tiandi) is pleased to announce that Dr. Stephen A. Holditch has joined its Corporate Advisory Team. Dr. Holditch recently retired as Head of the Harold Vance Department of Petroleum Engineering at Texas A&M University (2004-2012), and offers over 40 years of petroleum engineering experience to Tiandi.
“Tiandi is extremely pleased to have Stephen Holditch join our team. I have known Stephen for many years, and have the highest respect for his experience as an educator, an advisor, and an engineer. He will add great value to the Tiandi Academy and will serve as a mentor and knowledge resource to our petroleum engineering staff. He is a great fit with our Senior Management Team, and he embraces Tiandi’s culture of creating quantifiable value for our exploration and production clients and other project stakeholders.” – Bob Lockwood, Tiandi Energy’s CEO
From 1999 to 2003 Dr. Holditch was a Schlumberger Fellow where he was a Production and Reservoir Engineering advisor to the top managers within Schlumberger. Dr. Holditch formed S. A. Holditch & Associates, Inc. in 1977. The company became part of Schlumberger Technology Corporation in 1997, and then was combined with other groups in Schlumberger to form Holditch Reservoir Technologies in 1999.
Dr. Holditch was SPE President 2002, and he was SPE Vice President of Finance from 1998–2000. As an SPE Officer, Holditch served on the SPE Board of Directors from 1998 -2003. In addition, Dr. Holditch served as an AIME Trustee from 1997-1998. Dr. Holditch has received several awards in recognition of his technical achievements and leadership. In 1995, Dr. Holditch was elected to the U. S. National Academy of Engineering (NAE). In 1997, he was elected to the Russian Academy of Natural Sciences, and in 1998, Holditch was elected to the Petroleum Engineering Academy of Distinguished Graduates at Texas A&M University. In 1989, he was selected as a Distinguished Member of the Society of Petroleum Engineers (SPE). In 1994, the SPE awarded Dr. Holditch the Lester C. Uren award in recognition of distinguished achievement in petroleum engineering technology made by a member before reaching age 45. In 1999, Dr. Holditch received the ASME Rhodes Industry Leadership Award, and the SPE John Franklin Carll Award. He has published over 100 technical articles. Dr. Holditch holds a B.S., M.S., and Ph.D. in petroleum engineering from Texas A&M University.Keywords: Holditch, Texas A&M, Petroleum Engineering, Advisor
Global Staffs Can Accelerate ProjectsArticle Written by Richard Ward, Tiandi Energy President, Featured in March Issue of the American Oil & Gas Reporter.March.19.2013|Posted by Gisele
March 19, 2013 – Houston, TX: As the industry’s seasoned geoscientists and engineers retire or take on less work, North America’s oil and gas executives face a difficult question: How do they attract more people or do more with fewer full-time employees?
Technology offers one answer, but even with the remarkable advances made during the past decade, there is no doubt the oil and gas industry faces a significant manpower crunch. The growing focus on producing unconventional plays, re- vitalizing mature fields, and exploring ever-deeper waters has exacerbated this problem, for these plays require more man-hours for every barrel of reserves than their conventional predecessors.Keywords: Manpower, Engineering Consultants, Outsourcing, Recruiting, International
The Best of the WorldBy Richard WardFebruary.27.2013|Posted by Gisele
February 27, 2013 – Houston, TX: The idea of Tiandi has always been to cross boundaries and blend together The Best of The World. It is no secret to anyone that works in the oil and gas industry that it is a very international business. Our own people have worked in Norway, Mexico, Romania, Canada, the UK, and the United States…and that was only last year.
As such, Tiandi seeks to embody the idea of The Best of The World by constantly seeking ‘the best of’ global skills, experience, and practices. Whether it is by studying the latest papers published in industry journals, or speaking with and understanding our customers’ preferences and needs, we are always seeking to better understand and deliver the ‘best of.’
One area that we have invested in recently is the addition of industry recognized experts to our global community of staff. Generally, these new additions are highly experienced engineers and geo-scientists with 20 to 30+ years of experience working for large multi-national E&P firms such as ExxonMobil and Talisman Energy. They bring a customer perspective to many of our engagements, and also provide us with a high quality peer-review capability enabling our teams to be compared to and perform at Best of the World levels.
I would like to welcome and introduce a few of these new staff members and encourage you to discuss your projects with them and benefit from their experience and wisdom.
First, is John Logel. John is based near Vancouver, Canada and most recently was the Chief Geo-Scientist for the North Sea region at Talisman Energy. John has a wealth of experience in geophysics and geo-modeling and has been coaching our teams working on the Blane, Buchan, Chauven, and North Monahans studies.
Gregg Anderson is based in Houston and most recently was with ExxonMobil where he spent 12 years as a consulting geologist, providing geological, engineering, and economic evaluations on numerous properties and investment opportunities for both the Asset Enhancement and Joint Interest Groups. Gregg has already helped the sales team by participating in customer meetings where project objectives and scope design required an understanding of both the technical needs as well as the customer’s business perspective.
Many of you have already worked with Lars Lydersen. Working from London, Lars has been instrumental in shepherding the Blane and Buchan studies to their logical conclusions. Lars’ years of experience as a reservoir engineer with many firms around the world has already helped our teams to speak and think at “the best of” levels. Lars is also providing daily guidance on the coursework of the upcoming Tiandi Academy.
Finally, Dr. Michael Krause was recently awarded his Ph.D. from Stanford University, and is based in our Beijing office. Utilizing his knowledge and research on the analysis of core data in unconventional plays, Dr. Krause is leading the Tiandi Core Data Factory. An initiative started by Hess to accelerate the performance of their Bakken business unit, by rapidly processing raw core data and making it useable by their time-constrained geo-scientists and engineers.
I think you will agree that these gentlemen are some of The Best of The World, and together with our growing roster of mid-career geo-scientists and engineers in our professionals bureau in Beijing, together we are crossing boundaries daily and delivering on the promise of The Best of The World.Keywords: Oil and Gas, Geo-Science, Reservoir Engineering, Core Data
Another first from Tiandi EnergyIncreasing the Accuracy of Data Management by Using Degreed Engineers, Enabling Oil Companies to Accelerate Liquids Production from Months to Days.July.23.2012|Posted by Gisele
For Immediate Release – July 23, 2012 – Houston, TX: The company who greatly accelerates production by using massive teams of engineers now raises the bar on Data Management accuracy.
According to Richard Ward, President and COO of Tiandi Energy Ltd., the accuracy of data management in the industry is suspect because most of this type of work is being handled by personnel other than degreed engineers. Obviously, any problem with inventory, diagnosis, repair, organization or delivery of data management can cause major problems, particularly in a large field.
Well database construction and clean-up is a typical example,” said Ward. “Corporate data stores are often out of sync with new acquisitions or legacy paper documents so the client doesn’t really know what he has. In many cases, he might not even know that he doesn’t know and this can obviously lead to underperforming assets. But our trained staff of professional engineers can convert mountains of unstructured data into high performing data bases of information.”
Tiandi Energy was created to meet the demand for large, dedicated teams of qualified geo-scientists and engineering professionals essential to maximize any oil or gas asset. The larger the team, the faster the liquids get to market, but typically, only a small number of such professionals are available at any given time within an organization. Since third-party consultants are usually booked for months, or don’t have the required number of engineers available, there was a demand that was not being met.
Tiandi’s army of 100+ experienced data management engineers—all full-time employees on staff—can be deployed “at the flip of a switch” to accelerate projects including petrophysics, core data, E folders, wellbore schematics, state regulatory filings, well montages and digitizing—at exceptional speeds. Teams that can take 6-18 months to assemble in the West can be provisioned in 45 days or less.
Tiandi Energy executes Oil and Gas Data Management services using degreed engineers, petrophysicists and geo-scientists. In addition to Well Database Construction and Clean-up, solutions include:
- Well History Research and Wellbore Schematics: Bypassed zones and recompletion opportunities require precise and accurate knowledge about the construction and history of a well. Information that is usually buried in boxes of paper files, or un-indexed repositories of scanned documents.
- Project Interpretation Inventory and Cleanup: Long production history combined with staff turnover often leads to confusion about “the actual truth,” which is buried under multiple interpretations. Tiandi’s geo-scientists are able to inventory, analyze, compare and recommend “gold standard” interpretations for approval.
Over the past 18 months, Tiandi Energy has completed 85 major projects in the U.S., Europe, and South America. Its customers include super-majors, NOC’s, US and European Independents and major service companies.Keywords: Data management, Acquisitions, Petrophysics, Digitizing
Tiandi Energy, a New Engineering Services CompanyEnables Companies to Accelerate Liquids Production from Months to Days.April.10.2012|Posted by Gisele
For Immediate Release – April 10, 2012 – Houston, TX: Tiandi Energy has developed a new engineering services offering that helps get assets producing sooner.
Anyone experienced in oil and gas has encountered the problem: You know a project is ready to go – a new well, a new field, a new acquisition. But to get started, you need a dedicated team of qualified geo-scientists and engineering professionals immediately. Typically, only a small number of such professionals are available at any given time within your organization. Third-party consultants are usually booked for months, or don’t have the required number of engineers available. This manpower shortage can delay production by months.
Tiandi’s new capabilities eliminate this shortcoming. It’s not a staffing agency; instead, its highly qualified and experienced petroleum engineering specialists and geo-scientists are full-time Tiandi employees. Their staff is ready to begin work on clients’ projects and assets quickly.
Over the past 18 months, Tiandi Energy has completed 85 major projects in the U.S., Europe, and South America. Its customers include super-majors, NOC’s, US and European Independents and major service companies.
Tiandi teams of reservoir engineers, geologists, petrophysicists, and geophysicists, as well as data management engineers, digitization techs and other engineering specialists have completed production acceleration projects as diverse as:
- Clean, repair and load log data for 4500 wells in 101 days for a $3B shale acquisition.
- Execute a seismic-to-simulation project in 79 days from raw 2D data and make well location recommendations to partners.
- Research and file 1554 offset well diagrams to accelerate drilling permit applications.
In addition, Tiandi’s demographic profile is the ideal mix of highly degreed young talent and seasoned professionals with ten to 15 years’ experience and more. The fact that these specialists are Tiandi employees, versus contractors, affords the company the unprecedented ability to offer long-range continuity.Keywords: Asset production, Engineering consultants, Petroleum, Subsurface