Big data is not just a phenomenon on the surface of oil & gas production producing areas. It’s growing rapidly below the surface as well.
He opens noting that IT programs and digital processes on existing approaches leads to “digital sugarcoating” rather than a digital transformation towards safer, more reliable and more efficient operations.
Well completions and artificial lift inefficiencies are sources of financial improvement opportunities that a digital transformation strategy can unlock.
Hassane defines digital transformation as:
…organization-wide, requiring a shift in mindset and building an ecosystem with new behaviors, values and business drivers.
For oil & gas producers, Emerson’s digital transformation technologies and services:
…span upstream, midstream and downstream—from subsurface reservoir-driven intelligence, to surface network well control with remote automation, to plant process simulation and control, to the pipeline.
He describes how Emerson’s acquisition of Paradigm and Roxar solutions creates:
…the first independent, end-to-end exploration and production software business. Combined with Plantweb [digital ecosystem], Emerson’s Industrial Internet of Things (IIoT) technology and services platform…monitor and manage flow from the reservoir to the refinery.
For example, Paradigm k:
…a super-fast flow scenario analysis tool based on reservoir physics, with leading machine learning methodologies that enable Big Data inclusive reservoir modeling. This cloud-based, collaborative workflow collects field data and updates the model to forecast performance in real time.
These well performance metrics enable:
…truly proactive production and completion management.
Read the article for more on how this linkage of the subsurface, surface and downstream enables safer, more reliable and optimized operations.
You can connect with other oil & gas experts in the Oil & Gas group in the Emerson Exchange 365 community and/or at the October 1-5 Emerson Exchange conference in San Antonio, Texas.
