Measurement schematics are often required by local, state or country Governments to ensure measurement, accounting, and reporting compliance and are visual tools showing the current physical layout of facilities. Schematics should be regularly reviewed and used by groups such as operations, engineering, and accounting to ensure a common understanding.
Mergers and acquisitions are a part of life in the oil patch in any economic environment.
Sometimes those transactions are fast and furious making our heads spin because of the amount of opportunity they can quickly deliver.
The steps taken after the sales transaction has occurred are what really determines the value of the long term return. Sure it was hard work putting the 'deal' together and making sure everything was in alignment before you even signed the dotted line. But, as with so many things in life, that was just the beginning of way more work, way more time, and way more attention needed to every detail to be sure the true value is realized and your previous efforts (and money) were well spent.
Thankfully, technology is evolving in giant leaps and bounds today. It's a great time to be alive and witness the new advancements every day. But with all the change it can also leave some producers and operations wondering when the right time is to replace the old with the new really is; given that some tech is only 'new' for a week or two, and then will be quickly outdated by something bigger, better, faster, smarter and will have more shelf life.
When producers invest in new technologies for their business, they can expect more profits, more production, and more sustainability but deciding when to purchase tech, and which tech to invest into that won't be outdated in a year (or these days a week), makes it more of a challenge to get right. And then of course, it comes down to what to upgrade, and as with everything in life; it comes down to 'how to leverage all that new tech'. Will the 'how' be so complicated it will eat away your team's time or quickly add value that contributes to fast gains?
DeltaV SaaS SCADA Field Capture is the gathering and analysis of manually entered or electronically uploaded data from field equipment. Oil and gas facilities have hundreds of metering points. Multiple departments within an organization require the data from these metering points.
Some of the field data is necessary to meet government reporting requirements. Data must be collected on time and accurately to reassure the recipients of the data’s validity.
If you're in production operations, you don't think of 'alarms' the way most people do. Most people think of 'alarms' as annoying devices that wake them up in the morning. Which sure, has a great purpose in itself. But alarms in production operations can save miles, and more importantly lives when handled with care and by a trustworthy tech partner like DeltaV™ SaaS SCADA.
Is your company still sending a pumper out to visually inspect every well? If so, I’m sure you’ve counted the miles and hours, not to mention the costs for fuel, tires and oil changes.
We've been using machine learning (ML) for years. It's been a big factor in our development to help oil and gas producers on their digital transformation journey to autonomous operations using the exact solutions that will bring them more production, profits, and sustainability.
The daunting task of keeping track of your expenses can be time-consuming and overwhelming if not managed correctly and efficiently. With the right software and automation in place along with mobile apps and other productivity tools, managing expenses has gotten easier.
For oil and gas, managing lease operating expenses (LOE) has gotten easier with automation and software solutions. Now, there are fewer reasons not to have the costs eat away at your companies’ ability to operate wells and keep costs within budget without having to shut-in operations.
There can be some misconceptions about how data is handled when outsourcing your Cloud Software. Given the advances in new technology and many circumstances affecting several industries, automating your operations, and outsourcing your SCADA to a cloud based platform can have many advantages.
The key is to have the right partner so you are certain your data will be handled with care. Emerson's DeltaV™ SaaS SCADA takes handling your data very seriously and provides advanced security for all our platform and software applications.
Some of us (myself included) tend to lose random things around the house like the TV remote, keys, or phone that stress us out as we tend to frantically search for these lost items. Fortunately, we live in an era when automation exists, and you can get key finders, click a button to make your TV remote make a sound, or set other devices to find missing items saving us time and stress from searching for them.
For the remotely located production sites, tracking the location of assets can also be a challenge. Using Emerson's DeltaV™ SaaS SCADA Asset Protect, a fixed asset management software you are able to track all kinds of equipment. For an example, when a compressor isn't being used, sometimes it gets moved to be utilized at a different site. In my experience, the only person who would have known about this relocation would be the area foreman.
Way, way back when dinosaurs roamed the earth, I had a very annoying flip phone that was really only able to make and receive calls and (upon the rare occasion) get and send a few random text messages from other techie types. The main reason I found this phone so annoying is I wanted it to be able to do so much more; and it seemed like it shouldn't be all that difficult to make it happen.
But, that's all there was on the market at the time.
I continuously wondered why on earth someone didn't make them to fetch my email, or have a decent camera in them. Then it finally became a reality and just like that we all became more mobile than we had ever dreamed of being! It was AWESOME being set free from waiting for an email, and unchained from my desk where I would often be found waiting for information to be sent.
