Operational Excellence and Growth in the Oil & Gas Industry slide image

Operational Excellence and Growth in the Oil & Gas Industry

PredixTM ... enabling production optimization FastWorks: Customer outcome driven Customer Who is our customer and what are their challenges? Iterate What changes do we need to make? Vision How could we solve their problem? • Engage early • Empowered teams Implement fast Experiment Iterate Learn, Pivot/Persevere Improves outcomes + Accelerates commercialization Build Testing the vision - Learn What did we quickly & minimally learn? SafireTM Multiphase Flow Meter SAFIRE Co-development effort... Chevron | GE | Los Alamos • Optimized production = improved customer revenue • Data feeds customer portal • • Leveraging GRC's technology Staged development - FastWorks Oilfield Production Optimization Unified Customer Portal GE Investor Meeting | 10 September 2014 © 2014 General Electric Company - All rights reserved 46
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