Sustainability Solutions with Petrel by Schlumberger

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Sustainability Solutions with Petrel by Schlumberger

Decarbonizing Operations

Petrel by Schlumberger offers a range of solutions under their Transition Technologies portfolio to assist in decarbonizing production operations for their customers. These technologies aim to reduce operational carbon intensity, lower methane emissions, and pinpoint methane leaks in the field using tools like the methane point instrument. The company has achieved a significant reduction in Scope 3 emissions against their baseline, helping customers avoid over 830,000 metric tons of CO2e in 2023, which is equivalent to removing 185,000 cars from the road.

Emission Reduction Targets

Schlumberger is dedicated to reducing their own Scope 1 and 2 emissions through operational efficiency, electrification, job design improvements, and adopting low-carbon fuel alternatives. They have successfully achieved a 24% reduction in these emissions against their 2019 baseline. The company has set ambitious targets, aiming for net zero emissions by 2050 across all scopes, including Scope 1, 2, and 3 emissions along their entire value chain.

Commitment to Sustainability

In addition to emission reduction efforts, Schlumberger focuses on promoting diversity and inclusion in the workplace, supporting human rights, and investing in STEM education to foster innovation. The company believes that investing in people and the communities where they operate is essential for a sustainable future. Their water stewardship strategy aims to address water-related challenges by measuring, reducing, and replenishing water resources to promote sustainability in their operations and communities.

Holistic Sustainability Approach

Schlumberger's commitment to sustainability extends beyond emission reduction and water stewardship. They prioritize climate action, people, and nature, identifying key environmental issues such as biodiversity, natural resources, and circularity. By continuously discovering new ways to support their customers, employees, and the environment, Schlumberger maintains a forward-thinking approach to sustainability, working towards a positive and sustainable impact on society and the planet.

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Petrel by Schlumberger: Reviving Oil and Gas Production with Innovative Solutions

Understanding Production Declines

Production decline is a common occurrence in reservoir flow, but at times, it may not align with the expected simulations or projections. In such instances, Schlumberger's Petrel offers a range of technologies to improve or restore well productivity. To effectively address production declines, it is crucial to identify the root cause behind the decrease in output. This analysis may involve a comprehensive assessment or a simple fluid analysis to pinpoint the issue accurately.

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Accelerate Lithium Development with Petrel by Schlumberger

Meeting the Demand for Lithium

As the world moves towards cleaner energy sources, the demand for critical minerals like lithium is on the rise. To meet this increasing demand up to 2050, it is crucial to identify new reserves and optimize production from existing sources. Petrel by Schlumberger offers solutions to efficiently identify lithium-rich brine resources, allowing for quicker exploration, extraction, and production of lithium.

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Revolutionizing Wellbore Solutions with Petrel by Schlumberger

Enhancing Data Interpretation and Collaboration

Petrel by Schlumberger offers digital wellbore solutions that revolutionize the way geoscientists access and analyze well data. By leveraging the Delfi™ digital platform, the solution provides efficient access to previously trapped knowledge, reducing data analysis time significantly. Geoscientists can now focus on interpretation by utilizing machine learning workflows that automate the data conditioning process, allowing for quick validation and analysis of wellbore data.

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Petrel by Schlumberger: Revolutionizing Subsea Asset Planning

Enhanced Decision-Making with Petrel

Petrel, developed by Schlumberger, offers a cutting-edge planning solution that transforms the way subsea assets are managed. By starting from the reservoir and incorporating collaboration, simulation, and visualization along with OEM insights, Petrel enables users to optimize concept selection through multiple scenarios. This allows for a thorough evaluation of economics and estimation of emissions, facilitating accelerated decision-making and increased value at every stage of development.

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Maximizing Decision-Making with Petrel by Schlumberger

Empowering Business Decisions

Petrel by Schlumberger offers a comprehensive petroleum economics solution that enables businesses to make more informed decisions throughout the exploration to production process. The tool integrates technical insights from geoscientists and engineers with crucial business analysis and processes necessary to support decisions across an asset's lifecycle. From the assessment of prospects to abandonment, the Geox exploration risk and resource assessment software™ facilitates a cohesive and integrated approach, empowering stakeholders to make better business decisions.

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