Operational Performance with Context, Clarity, and Confidence
AssetWise Operational Analytics displays your operation information in real time and
provides insight for informed decision support by converging operational and IT data
with digital engineering models for right-time predictions and actions for
dynamic management of asset and operational performance.
The Industrial Internet of Things
Data collection systems, such as Pi, Maximo, OPC, Modbus, and SAP, which collect
data on production, corrosion, chemicals, and flow rates, can produce many gigabytes
of data in a day. It is exacerbated by the Internet of Things (IoT), with more and more
sensors going online and producing greater amounts of data that were previously
unavailable. AssetWise efficiently stores, correlates, and visualizes this data for rapid
access and analysis, enabling you to make more timely and accurate decisions.
Full Visibility of Performance
Data is the lifeblood of any operation. Data on its own can only tell part of a story. Data
without analytics is useless, and analytics without the right data is a waste of time and
effort. Analytics are one of the largest areas of opportunity where digitalization can help
transform oil and gas companies, yet most operators will not have sufficient maturity in
analytics capabilities to realize its full value. AssetWise Operational Analytics provides
a solution that captures operational information from multiple sources and platforms,
such as chemical usage, corrosion data, flow assurance, and domain knowledge, and
combines it with calculations and analytics to give users a holistic and up-to-date view
of performance. Performance dashboards, reports, and KPIs give users the context,
clarity, and confidence they need in making critical decisions.
Chemical and Corrosion Management
Drilling for hydrocarbons and their subsequent production would be impossible without
the use of chemicals within water injections, corrosion inhibitors, and cementing. The
industry must keep within strict regulations because of the negative environmental
impacts prompted by chemical spillages or failure through corrosion. Failing to meet
these requirements results in large fines and increased operating costs. Without
adequate chemical and corrosion management, drill pipe integrity and downhole
capabilities will be diminished, resulting in unexpected downtime at great cost.
Operational Analytics provides a solution that manages chemicals and corrosion during
drilling and production to ensure compliance, safety, and cost efficiency, and improve
overall operational control of chemical sampling and corrosion over a network.
Business Benefits
An Operational Analytics chemical and corrosion management system, as well integrity
and flow assurance, can lead to increased production and improved corrosion mitigation
with expected availability to increase by 1 to 2 percent. Additionally, the ability to
measure the effectiveness of chemical treatments and provide cost-cutting decisions
can bring savings of around of 10 percent or more.