We’re all aware of the regulatory requirements E&P companies face with regards to safely operating and maintaining pressurized equipment. In western Canada alone we have the alphabet soup of ABSA, TSASK, and BCSA to deal with. This can lead to significant challenges and costs.
Read More
A sense of urgency is essential to identify preventable errors and to understand costly risks. Costs mount with rework and remedial actions to correct poor measurement, whereas good measurement practices do not have to cost much. Revenues are impacted by errors that either add to or reduce production volumes. Errors are minimized as people in the measurement process take ownership of production. This blog post will focus on one area that commonly leads to errors: inaccurate gas volumes along with a few simple steps to avoid risks.
SCADA and other remote monitoring systems introduced a step change to the industry in the area of operational efficiency by providing a positive impact on run-time, production and reduced operating costs. However, with low commodity prices and lower producing wells, there is still a challenge for business cases to justify putting monitoring on all assets.
Read More