“The Digital Oilfield” : Using IoT to reduce costs in an era of decreasing oi...Karthikeyan Rajamanickam
Executive Summary:
oWe decided to create this point-of-view after seeing many abstract presentations and esoteric concepts on Digital Oilfield, IoT, Big Data and Analytics.
oThis is our attempt to bring a practical implementation view to IoT by combining Digital Oilfield and IoT.
oHere, we also envisage sharing our IoT experience and lessons learnt in implementing Digital Oilfield solutions around IoT.
oThe following comprise our fundamental business case for Finance:
oPRODUCTION FORECAST
oFAULT COMPARTMENTS
oWELL LOCATION OPTIMIZATION
Introduction to Project Economics in Oil and Gas Exploration and Production (Upstream) Industry, including basic project economics method and example of calculation.
Artificial Intelligence Application in Oil and GasSparkCognition
Visit http://sparkcognition.com for more information.
To access and listen to the on-demand version of the webinar, go here:
http://sparkcognition.com/ai-oil-and-gas-webinar-video/
Learn how Artificial Intelligence and Machine Learning are being effectively applied in Oil & Gas right now, how they will become even more prevalent, and how they can impact your bottom line and transform your business.
We'll cover:
• Fundamentals of Artificial Intelligence and Machine Learning
• Understanding of why Artificial Intelligence and Machine Learning are revolutionary in how they can help the Oil & Gas industry. This technology is already being used to prevent downhole tool failures or events like stuck pipes, pinpointing the ideal drilling locations during exploration and discovery, predicting pipeline pump failures, identify frack truck pump failures, etc.
• Real world examples of how other clients are using AI/ML today
Integrated Oil Field Development Plan - FDP. Criteria, strategy and process f...Giuseppe Moricca
Integrated Oil Field Development Plan - FDP.
The integrated oil field development plan describes process, explores options, and targets, aimed at the optimal oil and gas field development in line with the oil company strategy.
The spine in the process is the specialist teams who navigate, manage and integrate the subsurface and surface complexities, uncertainties and opportunities into a single development plan, maximizing the overall field recovery and asset value.
“The Digital Oilfield” : Using IoT to reduce costs in an era of decreasing oi...Karthikeyan Rajamanickam
Executive Summary:
oWe decided to create this point-of-view after seeing many abstract presentations and esoteric concepts on Digital Oilfield, IoT, Big Data and Analytics.
oThis is our attempt to bring a practical implementation view to IoT by combining Digital Oilfield and IoT.
oHere, we also envisage sharing our IoT experience and lessons learnt in implementing Digital Oilfield solutions around IoT.
oThe following comprise our fundamental business case for Finance:
oPRODUCTION FORECAST
oFAULT COMPARTMENTS
oWELL LOCATION OPTIMIZATION
Introduction to Project Economics in Oil and Gas Exploration and Production (Upstream) Industry, including basic project economics method and example of calculation.
Artificial Intelligence Application in Oil and GasSparkCognition
Visit http://sparkcognition.com for more information.
To access and listen to the on-demand version of the webinar, go here:
http://sparkcognition.com/ai-oil-and-gas-webinar-video/
Learn how Artificial Intelligence and Machine Learning are being effectively applied in Oil & Gas right now, how they will become even more prevalent, and how they can impact your bottom line and transform your business.
We'll cover:
• Fundamentals of Artificial Intelligence and Machine Learning
• Understanding of why Artificial Intelligence and Machine Learning are revolutionary in how they can help the Oil & Gas industry. This technology is already being used to prevent downhole tool failures or events like stuck pipes, pinpointing the ideal drilling locations during exploration and discovery, predicting pipeline pump failures, identify frack truck pump failures, etc.
• Real world examples of how other clients are using AI/ML today
Integrated Oil Field Development Plan - FDP. Criteria, strategy and process f...Giuseppe Moricca
Integrated Oil Field Development Plan - FDP.
The integrated oil field development plan describes process, explores options, and targets, aimed at the optimal oil and gas field development in line with the oil company strategy.
The spine in the process is the specialist teams who navigate, manage and integrate the subsurface and surface complexities, uncertainties and opportunities into a single development plan, maximizing the overall field recovery and asset value.
Be a part of the modern world by integrating digital technologies in the Oil & Gas operations. It will not only keep you digitally connected but also reduce the cost and risk involved in day-to-day industry activities. Download our free copy of whitepaper: https://www.bluemailmedia.com/oil-gas-a-definitive-path-towards-digitalization.php
Data as the New Oil: Producing Value in the Oil and Gas IndustryVMware Tanzu
Oil and gas exploration and production activities generate large amounts of data from sensors, logistics, business operations and more. Given the data volume, variety and velocity, gaining actionable and relevant insights from the data is challenging. Learn about these challenges and how to address them by leveraging big data technologies in this webinar.
During the webinar we will dive deep into approaches for predicting drilling equipment function and failure, a key step towards zero unplanned downtime. In the process of drilling wells, non-productive time due to drilling equipment failure can be expensive. We will highlight how the Pivotal Data Labs team uses big data technologies to build models for predicting drilling equipment function and failure. Models such as these can be used to build essential early warning systems to reduce costs and minimize unplanned downtime.
Panelist:
Rashmi Raghu, Senior Data Scientist, Pivotal
Hosted by:
Tim Matteson, Co-Founder -- Data Science Central
Video replay is available to watch here: http://youtu.be/dhT-tjHCr9E
Oil 101: Introduction to Oil and Gas - DownstreamEKT Interactive
Oil 101: Introduction to Oil and Gas
What is Downstream?
This Downstream module includes the following sections:
-Downstream Business Characteristics
-Refining – Products and Participants
-Consumption – The Final Step in Adding Value
-Marketing and Retail
Downstream
Processing, transporting and selling refined products made from crude oil is the business of the downstream segment of the oil and gas industry.
Key downstream business sectors include:
-Oil Refining
-Supply and Trading
-Product Marketing and Retail
The downstream industry provides thousands of products to end-user customers around the globe.
Many products are familiar such as gasoline, diesel, jet fuel, heating oil and asphalt for roads. Others are not as familiar such as lubricants, synthetic rubber, plastics, fertilizers and pesticides.
The downstream segment is a margin business. Margin is defined as the difference between the price realized for the products produced from the crude oil and the cost of the crude delivered to the refinery.
Although the price of crude sets the absolute level of product prices, it may or may not affect refining or marketing margins. Downstream margins tend to be reduced, or squeezed, when crude price increases often cannot be recovered in the marketplace. On the other hand, margins tend to hold, or even increase, when crude prices drop and the marketplace more slowly adjusts to these lower crude prices.
The downstream segment includes complex and diverse activities including manufacturing, petrochemical refining, distribution, and retail.
A global perspective is important because of the global nature of the energy supply chain as well as the impact of supply and demand on both feedstock and product prices.
Artificial Intelligence has caught the attention of the oil and gas industry. This presentation sets out 4 use cases that are live in oil and gas as of October 2017. The speaker notes include specific solution names and vendors, including Stream Systems, Veerum, Osprey Analytics and IBM.
Industry studies show that mature fields currently account for over 70% of the world’s oil and gas production. Increasing production rates and ultimate recovery in these fields in order to maintain profitable operations, without increasing costs, is a common challenge.
This lecture addresses techniques to extract maximum value from historical production data using quick workflows based on common sense. Extensive in-depth reservoir studies are obviously very valuable, but not all situations require these, particularly in the case of brown fields where the cost of the study may outweigh the benefits of the resulting recommendations.
This lecture presents workflows based on Continuous Improvement/LEAN methodology which are flexible enough to apply to any mature asset for short and long term planning. A well published, low permeability brown oil field was selected to retroactively demonstrate the workflows, as it had an evident workover campaign in late 2010 with subsequent production increase. Using data as of mid-2010, approximately 40 wells were identified as under-performing due to formation damage or water production problems, based on three days of analyses. The actual performance of the field three years later was then revealed along with the actual interventions performed. The selection of wells is compared to the selection suggested by the workflow, and the results of the interventions are shown. The field's projected recovery factor was increased by 5%, representing a gain of 1.4 million barrels of oil.
The efficiency of enhanced oil recovery method is a measure of the ability to provide greater hydrocarbon recovery than by natural depletion, at an economically attractive production rate.
Facebook Page: https://www.facebook.com/petroleumengineeringz
Blogspot: http://petroleumengineeringsociety.blogspot.com/
WHY IS A RESERVES DEFINITION NEEDED?;
Classification Framework; Proven Reserves; Unproven reserves; Resources; RESERVES UNCERTAINTY CATEGORIES; PROJECT MATURITY SUB-CLASSES; PETROLEUM RESOURCES CLASSIFICATION BASED ON PROJECT STAGESOIL AND GAS PROJECT EVALUATION STAGES; OIL AND GAS PROJECT EVALUATION; PROJECT EVALUATION ; PROBABILITY OF SUCCESS (POSG)
Change leaders have to select the change model for each situation and themselves. Choice can be bewildering and unsatisfactory. This presentation shows a simple framework and populates it which some familiar and unfamiliar models to get change leads started.
Be a part of the modern world by integrating digital technologies in the Oil & Gas operations. It will not only keep you digitally connected but also reduce the cost and risk involved in day-to-day industry activities. Download our free copy of whitepaper: https://www.bluemailmedia.com/oil-gas-a-definitive-path-towards-digitalization.php
Data as the New Oil: Producing Value in the Oil and Gas IndustryVMware Tanzu
Oil and gas exploration and production activities generate large amounts of data from sensors, logistics, business operations and more. Given the data volume, variety and velocity, gaining actionable and relevant insights from the data is challenging. Learn about these challenges and how to address them by leveraging big data technologies in this webinar.
During the webinar we will dive deep into approaches for predicting drilling equipment function and failure, a key step towards zero unplanned downtime. In the process of drilling wells, non-productive time due to drilling equipment failure can be expensive. We will highlight how the Pivotal Data Labs team uses big data technologies to build models for predicting drilling equipment function and failure. Models such as these can be used to build essential early warning systems to reduce costs and minimize unplanned downtime.
Panelist:
Rashmi Raghu, Senior Data Scientist, Pivotal
Hosted by:
Tim Matteson, Co-Founder -- Data Science Central
Video replay is available to watch here: http://youtu.be/dhT-tjHCr9E
Oil 101: Introduction to Oil and Gas - DownstreamEKT Interactive
Oil 101: Introduction to Oil and Gas
What is Downstream?
This Downstream module includes the following sections:
-Downstream Business Characteristics
-Refining – Products and Participants
-Consumption – The Final Step in Adding Value
-Marketing and Retail
Downstream
Processing, transporting and selling refined products made from crude oil is the business of the downstream segment of the oil and gas industry.
Key downstream business sectors include:
-Oil Refining
-Supply and Trading
-Product Marketing and Retail
The downstream industry provides thousands of products to end-user customers around the globe.
Many products are familiar such as gasoline, diesel, jet fuel, heating oil and asphalt for roads. Others are not as familiar such as lubricants, synthetic rubber, plastics, fertilizers and pesticides.
The downstream segment is a margin business. Margin is defined as the difference between the price realized for the products produced from the crude oil and the cost of the crude delivered to the refinery.
Although the price of crude sets the absolute level of product prices, it may or may not affect refining or marketing margins. Downstream margins tend to be reduced, or squeezed, when crude price increases often cannot be recovered in the marketplace. On the other hand, margins tend to hold, or even increase, when crude prices drop and the marketplace more slowly adjusts to these lower crude prices.
The downstream segment includes complex and diverse activities including manufacturing, petrochemical refining, distribution, and retail.
A global perspective is important because of the global nature of the energy supply chain as well as the impact of supply and demand on both feedstock and product prices.
Artificial Intelligence has caught the attention of the oil and gas industry. This presentation sets out 4 use cases that are live in oil and gas as of October 2017. The speaker notes include specific solution names and vendors, including Stream Systems, Veerum, Osprey Analytics and IBM.
Industry studies show that mature fields currently account for over 70% of the world’s oil and gas production. Increasing production rates and ultimate recovery in these fields in order to maintain profitable operations, without increasing costs, is a common challenge.
This lecture addresses techniques to extract maximum value from historical production data using quick workflows based on common sense. Extensive in-depth reservoir studies are obviously very valuable, but not all situations require these, particularly in the case of brown fields where the cost of the study may outweigh the benefits of the resulting recommendations.
This lecture presents workflows based on Continuous Improvement/LEAN methodology which are flexible enough to apply to any mature asset for short and long term planning. A well published, low permeability brown oil field was selected to retroactively demonstrate the workflows, as it had an evident workover campaign in late 2010 with subsequent production increase. Using data as of mid-2010, approximately 40 wells were identified as under-performing due to formation damage or water production problems, based on three days of analyses. The actual performance of the field three years later was then revealed along with the actual interventions performed. The selection of wells is compared to the selection suggested by the workflow, and the results of the interventions are shown. The field's projected recovery factor was increased by 5%, representing a gain of 1.4 million barrels of oil.
The efficiency of enhanced oil recovery method is a measure of the ability to provide greater hydrocarbon recovery than by natural depletion, at an economically attractive production rate.
Facebook Page: https://www.facebook.com/petroleumengineeringz
Blogspot: http://petroleumengineeringsociety.blogspot.com/
WHY IS A RESERVES DEFINITION NEEDED?;
Classification Framework; Proven Reserves; Unproven reserves; Resources; RESERVES UNCERTAINTY CATEGORIES; PROJECT MATURITY SUB-CLASSES; PETROLEUM RESOURCES CLASSIFICATION BASED ON PROJECT STAGESOIL AND GAS PROJECT EVALUATION STAGES; OIL AND GAS PROJECT EVALUATION; PROJECT EVALUATION ; PROBABILITY OF SUCCESS (POSG)
Change leaders have to select the change model for each situation and themselves. Choice can be bewildering and unsatisfactory. This presentation shows a simple framework and populates it which some familiar and unfamiliar models to get change leads started.
Agile Transformation: The Difference Between Success and FailureSunil Mundra
Of all the organizations that have attempted to be Agile, only few have truly succeeded. The primary reasons for lack of success appears to be the lack of understanding the difference between Agile Adoption and Transformation, and in failing to understand that Agile is a mindset and not a collection of processes and that transformation has to do with significant changes to the organization eco system. Evidence is also available that companies have found it much harder to do Agile Transformation as compared to Agile Adoption
This presentation showcases 2 contrasting case studies, one not successful and the other a success in agile transformation, to bring out the key variables that determine success or lack of it in Agile Transformation.
ILAP (held at the 3rd Digital Oilfield Summit)André Torkveen
The presentation I gave back in October ’15. The conference was held in London by ACI (see http://www.wplgroup.com/aci/event/digital-oilfield-summit-europe/)
Field Activity Planner SaaS SW for the Digital OilfieldOlav Sylthe
Field Activity Planner is a SaaS SW for timeline 2D/3D visualization of dependencies and cost in work processes for offshore installations and marine operations. Thus allowing you to save time and money and moving into digital oilfield solutions available 24/7 in your browser.
When introducing Workday into your organization, how you manage change is critical to a successful transition. While change is most often driven from a technology perspective, a successful change management program should be focused on the impact to strategy, business processes, and people. Increasing user adoption of Workday and improving how work gets done within an organization requires an intentional investment of effort.
Make A Stress Free Move To The Cloud: Application Modernization and Managemen...Dell World
Delivering IT services that keep the business running from day to day is always challenging. Delivering these services while simultaneously moving your IT infrastructure to the cloud can be almost impossible without the right tools and support. Attend this session to hear directly from leaders at Dell who specialize in application management and learn how Dell migration tools and services accelerate your move to the cloud while maintaining the high quality access to web and mobile services that your users demand.
GLOC 2018: Automation or How We Eliminated Manual EBS R12.2 Upgrades and Beca...ennVee TechnoGroup Inc
ennVee's presentation from the 2018 Great Lakes Oracle Conference in Cleveland, Ohio. Session hosted by Joe Bong (Vice President) and Veera Venugopal (Head of Delivery). Topics include automation best practices for upgrading to Oracle E-Business Suite (EBS) R12.2, and the "Voice of the Customer"; a collection of hundreds of survey responses from IT leaders that have or plan to upgrade to R12.2, top challenges, objectives, and timelines, etc.
The last 18+ months have proven to be like no other time in modern history, and it has had a profound effect on the supply chain in the manufacturing industry. This disruption has meant many restless nights worrying about supply chains, workforce agility, capacity planning, resource allocation, and much more for manufacturers. Manufacturers have realized that better planning and preparedness are crucial to adapting to the rapid changes in demand seen in today's current climate.
In this webinar, you will learn how to address these challenges head-on as we discuss how your organization can become more agile and scale to your specific business requirements and how Cloud ERP systems can support better planning and preparedness for what's next.
________________________________________
About The Presenter
Steve Canter - Director of Global Service Delivery
Steve Canter has over 25 years of experience in the information technology industry. Steve has been responsible for delivering solutions to many medium-sized and large companies in a variety of industries as a consultant and project manager. Steve also brings a unique perspective to SmartERP, having spent over ten years as the CIO for a manufacturing and distribution company. During that period, he also helped shape product and customer service strategy at Microsoft and Oracle as a member of several customer advisory boards.
Assure TotalView - Analytics for Application DeliveryAssure
Assure TotalView is an analytics solution for Application Delivery process. The solution enables end-to-end governance over your Application Lifecycle initiatives. Assure TotalView automatically collects relevant data from all of the operational tools that teams use in the Application Delivery process, and turns this data into meaningful metrics and dashboards for decision makers and stakeholders.
Maximize ROI of Insurance Digital Transformation Initiatives with Proven Data...Precisely
Many insurance carriers are transforming the way they do business by deploying new software technologies, migrating data and services to the cloud, and leveraging artificial intelligence (AI) to speed decision-making. Data is at the heart of all these initiatives, and it has a direct impact on success or failure. When that data is integrated into upstream or downstream processes, it can also have a broader impact on the operational, analytical, and compliance needs of the organization. The traditional, and often ad-hoc, tools and processes that organizations employ to support data quality, data integrity, transaction reconciliation, and exception management are often inadequate. They do not provide the speed, technical agility, and intelligence demanded by digital transformation initiatives.
Join us to explore proven methods of how insurance carriers are maximizing ROI and minimizing the time-to-value of digital transformation initiatives by:
• Aligning data governance with organizational and project objectives to reduce implementation effort and duration
• Leveraging automated controls for data quality, including balance and reconciliation of data in motion to avoid operational disruptions and maintain regulatory compliance
• Increasing efficiency and capability through centralized data integrity solution
Digital Alpha is a leading technology and consulting services firm headquartered in New York. We provide solutions for:
- Asset Management companies
- Digital Health-Tech firms
Backed by the best industry minds from wall street companies like Bloomberg, Goldman Sachs, McKinsey, J.P Morgan, and Deloitte - we help enterprises take advantage of the data and digital paradigm to generate new levers that will accelerate growth.
One of the critical aspects of adopting a digital ecosystem is modernizing or enhancing legacy business suites through evolving technology platforms and frameworks to endure in this digital age. We leverage our integrated array of IT solutions, accelerators, and software expertise to achieve a technological breakthrough and enable companies with a more agile transformation.
Our actionable strategy with data-driven methodologies help you to solve the most complex problems in the following disciplines:
- Data Engineering
- Platform Engineering
- Business Operations Automation
Why Value Stream is key to Digital Product Delivery Mani Maun
Using Value Stream to visualize the end-to-end Flow of Digital Products and Services
Managing what flows through Value Stream can help bridge the gap Business and IT
Measurement of key metrics can enable data-driven decision making to improve value delivered to customers
If not tackled head on, early and often 'Technical Debt' will quickly pick up and slow delivery of new products and features down. But where do we start to tackle debt and avoid the product credit crunch? Clear choices can only be informed through common understanding, mutual agreement, rules, and appropriate automation and metrics. Presenting some experiences of how to view and manage debt to create product ecosystems that that thrive.
Des serveurs créés pour vos usages specifiques, vous en avez reve HP l'a fait.Microsoft Technet France
Session HP: Maximisez vos performances et votre réactivité avec les dernières générations de support et ne craignez plus de faire un cauchemard sur la fin de support Windows 2003, HP vous accompagne dans ces transformations.
Des serveurs créés pour vos usages specifiques, vous en avez reve HP l'a fait.Microsoft Décideurs IT
Session HP: Maximisez vos performances et votre réactivité avec les dernières générations de support et ne craignez plus de faire un cauchemard sur la fin de support Windows 2003, HP vous accompagne dans ces transformations.
Read how Synoptek has proven to be an excellent partner for companies looking to streamline their IT infrastructure, efficiently manage operations globally and reduce operating costs.
Explore the critical role digital transformation plays in driving business growth and how a well-crafted blueprint will lead you successfully through the process.
CFD Simulation of By-pass Flow in a HRSG module by R&R Consult.pptxR&R Consult
CFD analysis is incredibly effective at solving mysteries and improving the performance of complex systems!
Here's a great example: At a large natural gas-fired power plant, where they use waste heat to generate steam and energy, they were puzzled that their boiler wasn't producing as much steam as expected.
R&R and Tetra Engineering Group Inc. were asked to solve the issue with reduced steam production.
An inspection had shown that a significant amount of hot flue gas was bypassing the boiler tubes, where the heat was supposed to be transferred.
R&R Consult conducted a CFD analysis, which revealed that 6.3% of the flue gas was bypassing the boiler tubes without transferring heat. The analysis also showed that the flue gas was instead being directed along the sides of the boiler and between the modules that were supposed to capture the heat. This was the cause of the reduced performance.
Based on our results, Tetra Engineering installed covering plates to reduce the bypass flow. This improved the boiler's performance and increased electricity production.
It is always satisfying when we can help solve complex challenges like this. Do your systems also need a check-up or optimization? Give us a call!
Work done in cooperation with James Malloy and David Moelling from Tetra Engineering.
More examples of our work https://www.r-r-consult.dk/en/cases-en/
Courier management system project report.pdfKamal Acharya
It is now-a-days very important for the people to send or receive articles like imported furniture, electronic items, gifts, business goods and the like. People depend vastly on different transport systems which mostly use the manual way of receiving and delivering the articles. There is no way to track the articles till they are received and there is no way to let the customer know what happened in transit, once he booked some articles. In such a situation, we need a system which completely computerizes the cargo activities including time to time tracking of the articles sent. This need is fulfilled by Courier Management System software which is online software for the cargo management people that enables them to receive the goods from a source and send them to a required destination and track their status from time to time.
Explore the innovative world of trenchless pipe repair with our comprehensive guide, "The Benefits and Techniques of Trenchless Pipe Repair." This document delves into the modern methods of repairing underground pipes without the need for extensive excavation, highlighting the numerous advantages and the latest techniques used in the industry.
Learn about the cost savings, reduced environmental impact, and minimal disruption associated with trenchless technology. Discover detailed explanations of popular techniques such as pipe bursting, cured-in-place pipe (CIPP) lining, and directional drilling. Understand how these methods can be applied to various types of infrastructure, from residential plumbing to large-scale municipal systems.
Ideal for homeowners, contractors, engineers, and anyone interested in modern plumbing solutions, this guide provides valuable insights into why trenchless pipe repair is becoming the preferred choice for pipe rehabilitation. Stay informed about the latest advancements and best practices in the field.
Cosmetic shop management system project report.pdfKamal Acharya
Buying new cosmetic products is difficult. It can even be scary for those who have sensitive skin and are prone to skin trouble. The information needed to alleviate this problem is on the back of each product, but it's thought to interpret those ingredient lists unless you have a background in chemistry.
Instead of buying and hoping for the best, we can use data science to help us predict which products may be good fits for us. It includes various function programs to do the above mentioned tasks.
Data file handling has been effectively used in the program.
The automated cosmetic shop management system should deal with the automation of general workflow and administration process of the shop. The main processes of the system focus on customer's request where the system is able to search the most appropriate products and deliver it to the customers. It should help the employees to quickly identify the list of cosmetic product that have reached the minimum quantity and also keep a track of expired date for each cosmetic product. It should help the employees to find the rack number in which the product is placed.It is also Faster and more efficient way.
Event Management System Vb Net Project Report.pdfKamal Acharya
In present era, the scopes of information technology growing with a very fast .We do not see any are untouched from this industry. The scope of information technology has become wider includes: Business and industry. Household Business, Communication, Education, Entertainment, Science, Medicine, Engineering, Distance Learning, Weather Forecasting. Carrier Searching and so on.
My project named “Event Management System” is software that store and maintained all events coordinated in college. It also helpful to print related reports. My project will help to record the events coordinated by faculties with their Name, Event subject, date & details in an efficient & effective ways.
In my system we have to make a system by which a user can record all events coordinated by a particular faculty. In our proposed system some more featured are added which differs it from the existing system such as security.
Student information management system project report ii.pdfKamal Acharya
Our project explains about the student management. This project mainly explains the various actions related to student details. This project shows some ease in adding, editing and deleting the student details. It also provides a less time consuming process for viewing, adding, editing and deleting the marks of the students.
Planning Of Procurement o different goods and services
Digital oilfield
1. 6 Steps to Successfully Implementing
Digital Oilfield Technology
2. What is Cimation?
An operational intelligence company delivering secure
technology solutions to the global energy industry.
Larnell Nolan
Technical Lead and Strategic
Account Manager
3. What is a Digital Oilfield?
Technology
ProcessPeople
• Measurement
• Telemetry
• Data Analysis
• Visualization
• Control &
Optimization
• Integration
• Corporate Culture
• Change Management
• Training
• Mission & Objectives
• Job Definitions
• Workflows
The use of technology to holistically manage production, personnel and safety,
allowing for reduced costs, increased production, and improved efficiency in the
oil and gas sector.
4. What a Digital Oilfield is NOT
• NOT using technology for technology’s sake
• NOT recreating existing data on a new platform
• NOT moving data from point A to point B
• NOT only about data accessibility
….it's about using technology in
a way that directly reduces cost
or increases revenue.
5. The Competitive Digital Oilfield
A properly configured Digital Oilfield enables you to compete
more effectively with other businesses in the following areas:
• Productivity
• Efficiency
• Risk Mitigation
6. • Empowers your workforce to be more proactive
• Harnesses the data you have to inform better
operational decision-making so it is:
• Pre-emptive
• More informed
• Faster
The Competitive Digital Oilfield: Productivity
Photo credit: Flickr/Sonny Abesamis
7. • Focuses resources on high-priority issues
• Reduces time required to resolve issues
• Promotes higher site-to-operator ratios
• Improves communication
• Better management of materials & labor
• Reduces error
The Competitive Digital Oilfield: Efficiency
8. The Competitive Digital Oilfield: Risk Mitigation
• Reduces employee exposure to dangerous
environments
• Reduces windshield
• Combats aging workforce through knowledge
retention
• Facilitates compliance requirements
Photo credit: Flickr/Michelllaurence
9. Avoid Common Mistakes
• Don’t Overstretch Yourself
• Don’t Choose the Wrong Projects or Technology
• Don’t Compare Yourself to Others
• Don’t Forget About Sustainability
10. 6 Steps to Ensuring Successful
Implementation
1. Understand Your Baseline
2. Categorize and Prioritize Based
on Expected Return
3. Define the Steps to Implement
Your Solution
4. Implement Your Solution
5. Develop the Reporting Tools to
Measure Your Results
6. Optimize Performance
11. Understand Your Baseline
• Document existing KPIs for a pre-project snapshot
• Catalog existing challenges and areas of
improvement
• Document deferments and cause
• Understand the current process and systems used
• Include all metrics and measurements
12. Categorize & Prioritize Based on
Expected Return
Technology Solutions in the Digital Oilfield should accomplish
two goals:
• Address existing issues and deficiencies in production or
work processes
• Surpass current benchmarks
The project should always focus on at least one of the
justification classes:
• Productivity
• Efficiency
• Risk Mitigation
13. Define the Steps to Implement Your Solution
• Incorporate a phased pilot approach by creating a developmental or
prototype system before applying changes asset-wide.
• This prototype approach is comprised of the following components:
• Phased development
• Pilot sites
• Iterative rollout plan
14. Benefits of the Iterative Approach
• Minimizes cost-prohibitive, after-the-fact changes
• Reduces the number of deployment issues
• Helps achieve goals in shorter period of time
• Provides better user experience
15. Implement Your Solution
• Choose the right technology & service providers
• The project team should consist of two functional categories:
• Operational
• Technical
• Solutions can include a blend of competencies and
technologies:
• Field Instrumentation
• Industrial IT Professionals
• System Integrators
• Cyber Security Professionals
• Proprietary or off-the-shelf software
16. Develop Reporting Tools to Measure Your
Results
• Create reports that document post-project KPIs
• Compare results against baseline data
• Design reports to assess adherence to project objectives
17. Optimize Performance
• Test and measure gaps between results and objectives
• Validate asset-wide design specs
• Refine and create solutions to address gaps and add features
18. Examples of Digital Oil Field Technology:
Mobility Solutions
Mobility solutions play a key role delivering results in the Digital Oilfield.
• Offers optimal interfaces for user input & system interaction
• Provides better connectivity for communication & collaboration
• Extends office applications into the field
• Enhances safety for workers in remote or hazardous locations
• Enables real-time access to more data
Photo credit: Flickr/ebayink.
19. Examples of Digital Oil Field Technology:
Remote Operations
• Remote monitoring and control of an artificial lift apparatus
• Solution benefits include:
• Decreased windshield time & Increased safety
• Increased efficiency: Allows for more time spent troubleshooting and
addressing performance issues
• Better prioritization: Helps focus on the largest opportunity for production
improvement.
20. For more information visit:
Cimation.com
Cimation.com/contact-us
Cimation.com/blog
@Cimation
Facebook.com/cimation
Linkedin.com/company/cimation
Editor's Notes
Quality of your decisions bare a direct correlation with the quality and detail of the information available.