IPM Capabilities
A valuable partner
Schlumberger Integrated Project Management (IPM) brings significant value to exploration and production (E&P) operating companies and resource holders, working with them to safely achieve the results they want. IPM has a long history of success in providing the expertise and processes needed to improve performance and increase efficiency by integrating all the services and technologies a project requires.
Results-driven services and solutions
IPM services can be performed collaboratively or on an outsourced basis. These services include field development, mature field redevelopment, field and production management, and well construction. IPM also provides industry-unique solutions for underground fluid storage and produced water management.
Contract flexibility
IPM provides its services under a variety of commercial contracts, tailored to address unique project needs and value drivers. In many IPM contracts, Schlumberger takes a risk position, with compensation linked to performance. The most common types of contracts between IPM and operating companies are risked gain share, lump sum, performance, and reimbursable price book.
World-class resources
IPM has a staff of 6,000, including 2000 experts in project and field management, production technology, production management, drilling engineering, wellsite supervision, and rig management. In addition, Schlumberger Data & Consulting Services (DCS) provides access to geoscientists and reservoir engineers with experience in more than 500 basins worldwide. Together, IPM and DCS can handle projects at any stage of the E&P cycle, from exploration to full field management.
Process-driven performance
To ensure project performance and safety, IPM has developed quality, safety, and environmental assurance processes and industry-leading management systems, including the Integrated Project Management System (IPMS) and the unique SHIELD quality management system. IPMS and SHIELD systems are currently in use on more than 80 rigs in 5 languages, and they are continually evolving as IPM meets new challenges.
Global experience
IPM is currently operating 55 projects for E&P operating companies and resource holders in more than 40 countries. Its global experience, combined with its local operating expertise, makes it a valuable partner in improving performance and increasing efficiency on projects anywhere in the world.
IPM Capabilities
- Technology selection and integration expertise
- Local operating expertise combined with global presence
- Proven management systems and processes
- Subsurface reservoir expertise
- Engineering and design expertise
- Competency assurance
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